China’s Netease $NTES Earnings Westward Journey

10 Aug '17 at 7:58 pm #11065

Participant

CEO William Ding on the company’s earnings call “Profitability is not a near-term focus” on e-commerce, adding that “our focus is still mainly to grow and market share; we want these two platforms (Kaola and Yanxuan) and our services and products to cover more families and users.”

That got some selling going

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