On May 21, NetEase released its financial report for the first quarter of 2026, showing a net revenue of 30.6 billion yuan, compared to 28.8 billion yuan in the same period last year. Under non-GAAP, the net profit attributable to the company's shareholders was 11.3 billion yuan, exceeding market expectations. The report indicated that net revenue from games and related value-added services was 25.7 billion yuan, a year-on-year increase of 6.9%.
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NetEase Reports Q1 2026 Financial Results with Net Revenue of 30.6 Billion Yuan
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Iran Responds to U.S. Text, Reports Iranian Media
On May 21, news from the Iranian Students' News Agency reported that Iran is responding to a text sent by the United States. The Iranian text is currently under discussion in Tehran, addressing the overall framework, some details, and confidence-building measures as guarantees. It is noted that Iran believes the U.S. text has narrowed the differences to some extent, but further narrowing of the gaps requires Washington to end its obsession with war. The Chief of Army Staff of Pakistan is visiting Tehran today with the aim of bridging differences and reaching a formal announcement of an agreement. -
BTC Falls Below $78,000
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