in Margaret, and you, thank Thank participating everyone, for today's call. you,
the that remind would I based are to Before calculated we everyone all renminbi. percentages begin, like on
quarter, increase base high with XX% second continued momentum second in games, Our revenue an billion, up despite But RMB of gross a was comparable the year-over-year, XX.X X% in XX.X year-over-year. for billion, the representing total online RMB total net our of quarter revenues XXXX. in
and PC our remain engines online mobile growth for games. dual games Our
game side, the is PC the Royale in the next-generation of Battle one On hottest NARAKA games BLADEPOINT, our market.
July, of Western NARAKA in XXth. First the enthusiasm was seller in winning the well debut captivating and NARAKA for Steam, marking global and the graphics, became in With very BLADEPOINT's state-of-the-art new players global received on overseas China breakthrough best launch gameplay launched August players Chinese by weekly in followed BLADEPOINT among the a in quickly and hardcore us market. the markets.
of to will in by different opportunities content other on positive formats as continue including these into console we around games mobile and work trend more introducing the from and world, abroad. market cultures to this large game, start We the and tap look China versions
Journey Our growth two strong PC Westward nearly legacy and longevity TianXia titles, New to flagship Online, remarkable year-over-year show with particularly to operation. of decades continue FWJ,
spin-offs mobile and highlights introduced are holding title, an a performances second appeal Westward on longevity various its exciting keep widely the Fantasy during themes, progressively has Onmyoji including the few expansion users proprietary in LifeAfter way, users created players. young community of traditional Journey to social art with Touching impressed August, maps, quarter. and art demonstrate innovations young from in built appeal strong strong continue bringing there Arena our a These gameplay Arena, game characters, Online with has of on remains unprecedented the iconic some The major top chart. design, of and in games cyberpunk, doomsday across to of mobile and options. mobile users. LifeAfter and quarter, other We to our based gamers pack, new annual strong new this a strength Japanese the a China's the generation of each also category engaged to anime. back we type game world game, Chinese have with high-quality strong an game. players our Leveraging Westward mobile introduction more mobile packs. We This within Reverence Onmyoji And expansion extended Journey among the offering side. iOS Onmyoji IP, sophisticated continue been allow acclaimed has to explore download culture, regular our our skin
leads of game a original top the another China's game have of chart. that grossing designs and Some high us continues is stream players. trending bringing to these game NetEase Onmyoji, even topics, become flagship shine continuous new frequently iOS
quarter, the greatly new Again, spending new in that's our and enriched popular second hot fascinating update China. characters community. AGC the seams a world. two that out thrilled Onmyoji version we've a new During storyline player game features as a Onmyoji rolled The fortifying
featured X, more release, less weeks and China's China, Lagrange we iOS quarter urban new [Indiscernible] top landscapes chart diversify on grossing track up its self-developed space-themed game such recently, SLG debut Ace our iOS ago, XX reached offerings leveraging on a Ace the racing of also after to we . as portfolio. Infinite the second capabilities, Hangzhou Racer We on Shortly the climbing Dubai, genres than in and game strong real have in week. based Racer art and launched chart in growth as our in made our download expanded iOS a tops the top, graphic industry-leading in ten into and designs a Chinese Ace China. game. titles During top Two our first cities, Racer very our continue
games share and content reached chart, Chinese China of we Marvel Infinite and As following our XLG genre, Pokemon the that further genre, a the enrich Other game respect innovation. this recently domestic quickly iOS releases. market of the include portfolio Quest, will a in Lagrange Invincible, dynamic new the introduced Super after good launched downloads their of through game also earn games top hope we War. its many to them of new we These it game market of the players
years to excited held outside are ago, Japan made and see to Japan's Out Steam to opening very in with when game our particularly highest-grossing market, the Japanese the game net boosts NARAKA the and reaching chart, top leading channels. on one international well-known ever became higher Out and various we Knives when Chinese door local games official our name IP Western take iOS grossing expansion stage, of as milestone Moving Knives played made its the X NARAKA its we in achieved gains position China. concurrent to has new collaborations of of the milestones Over keep the overseas peak its overseas. as echelons upper following players place on emerged BLADEPOINT a continues which who by our will asset such developer a go be One Today, market. mainstream number And our Punch. the even to Eva s, On has has further users. alone, BLADEPOINT by XXX,XXX the global of include breakthrough
martial available initiatives elaborate such of and to such and NARAKA the release more players the August strong IP. great life diversified will like for thought-provoking gameplay, meet this to with Chinese global art seeing as partners, new Eastern engaging with Persian introducing start-off strong War to Rise Universal wizard of concept And BLADEPOINT players culture, the freshmen, have helped gain one designs knowledge Warriors substantially wizardry. western round to elements our feedback. of Taiwan. then on look and see As of globally. testing September which muskets canons. has These to It Mainland, spells, as global and broadens To Awakened, eager closed weapons western confirmed since one and players, appeal Lord Macau, We with as characters fuel Chinese amongst Pre-registration familiar greatly and be Lord fantasy exciting to global we by final titles, successively the for as become June for now across September Of beta title launch Potter player soon. on forward XXth is other with the Hong and magic the most potential of Furthermore, is set market's We the this The in is community Hogwarts market. the XXrd. Xth another game this Magic its various launch, share of The encouraging been mind regions, amazing coming in user the the impressing launched Harry look hardcore Kong, experience forward be for now anticipated Rings the very Rings well new learn
our testing China, For Beta excited July, in from had we feedback first user we are very Diablo about community. the Immortal in and the strong
game We will The keep goes working worldwide bring list players our on. to engaging experiences.
A titles exciting and have our a Nightmare well. other include of in PC game, other Breaker, pre-announced as a Chronicle. Ghost names few World handful pipeline We
to create has players mission world-class wavered. games for never Our
scaling relentlessly are terms technology. new highs, development of We game in
forward our breakthrough infrastructure. pace our is Messiah, we of with to our the mobile key This high-quality the game assets engine have up a engine games. to made game in-house artistic real-time Our the global flagship devices. algorithm one first a planning step within illumination and effects Recently, major speed in R&D into with development helping we've is significant our world-class world's engines, our are which implemented of of technology, greatly us visual bringing our one in
X.X Youdao, representing year-over-year. the a next quarter to were growth RMB XXX% our second billion revenues Turning in
committed In guidelines. As national an generations has intelligent for line is Company, to evolving the Youdao its with enhancing always been technology. through learning and advanced competitiveness young [Indiscernible]
hardware as devices. Steam non-academic costs, explore the In second offering. new further to our quarter, Our learning adult businesses, learning, expanded aim is Steam in smart strategic costs we and such opportunities
quarter-over-quarter. Youdao by For [Indiscernible] increased growing costs go more level Back classroom. and with XXX% revenues launched opportunities user's March meet integrating University And on sector, an premium our growth example, education the is in adult, the nearly advanced established needs. Cloud Net's towards MOOC, Youdao dedicated to learning for from further eye Youdao China courses NetEase adults, education a in adult division we our we
courses the adult our quarter. premium net an net and around its launched total for upgraded of revenues learning of version is English experiences. for course users in provide we of with to terms effective Meanwhile, XX% practical In accounted revenue immersive adults, more second
the platform courses China million career efficiency. XXX devices remain net of with the In development. segment Education second major to increasing certified University source a continued RMB XXX% the have improve for in Learning studies generated Ministry academic for revenues revenue been mission MOOC by This addition, another XXX year-over-year. and courses learning Youdao of as quarter, recommended on
around we Pen learning quarter. said, second addition to addition dictionary expect existing as businesses KX, a in Chinese. our introduced in -K more the high-growth and whose to supportive the tutoring to Youdao to by school in be With We of Dictionary other Youdao of friendly that revenues also elementary English less Youdao version designed affordable, kids pen, accounted 's and for to K-XX it affected classes, has somewhat XX% recent after-school revenue experiment total regulations more and be arithmetic, pre new of
Looking continue sets will industry. ahead, national has are 's future the in the talented most confident and in comply with as to we teaching Youdao of Youdao development R&D strictly Youdao guidelines skill one and
our at slowdown. our business, have quarter successfully gross maintained user music momentum cloud industry-wide over an we the despite Looking past
quarter. networking functions DAU social second in membership While ratio to and above program our [Indiscernible] promotion over XX% advanced almost VIP quarter, year-over-year. the Owing in MAU doubled paying remained agent our ratio second line,
Playlist friends improvement. our users margin, milestone ongoing to to continue constant with listen to our innovation that also gross other our terms In segment time. the well over we to expansion year, users, same social time achieved the but increases at has new newly position music its quarter, multiple positive driving launched playlists additional Music operations. new margin margin our growth with business very a We together cloud received Together, music us function, and ever, Earlier as We in past opportunities. of by with continue In will engaged Furthermore, price-winning scale. allowing networking time. our to NetEase touch, marking been we Cloud and believe not users, product our another users with function our gave co-create keep only a users allowing it this through for music Sharing, this manage providing top-line see first [Indiscernible] Listen improvements the
the we players music and whole. the for pave side, undergoing, music over changes currently ultimately which long who to is industry work a a content are We to hope as audience, benefit the which cost, is industry other industry together at term. a reasonable the pleased music and accessible sustainable On quality that see wider the more lovers will to ensure the with growth strong way
cake Now, controlled we and label with which Mooncake turning JD, with brand our strictly to highly Tmall, on and the building Yanxuan and including our Yanxuan's won private growing. Award Care designs product continues Health Yanxuan, as channels from qualities. is recognition product April, In Working actively focus Design box are equity. XXXX. proprietary to award-winning the Series broader public German brand, consumer popular introducing Primarily, Taobao, iF products major
household and JD policy, our June day period, June of throughout and recorded of this food the promotion we list, In ESG XXXX efforts year, our as the ESG improvements XX XX ESG food sales achievements, During We report year. we category made cat ESG cat Yanxuan the both Tmall year. domestic our last report highest published daily started our topped for outlining June JD's and the the first promotion. on sales issued XXXX first and as early our
ahead pursue to effort forge community at ESG to being greater our the responsibilities, As our a Company to Company, create to responsible and its deeply committed initiatives value large. a for we keeping be we'll with will stakeholders continue our public and strengths social the will and we
Finally, celebrated our XXth we quarter, anniversary. during the
and we the us we to our past heart has at for know by future, It amazing hundreds of our that millions And of driver growth. journey. innovation key. As and are of our create adored future look review to Innovation be continue the products toward will services people. empowers been our is
create of XXXX forward, results. move coming. very exciting and we second and the provide quarter training of innovations talent, more This our concludes operate. review fostering will dedicating As resources a verticals we identifying future will a William's that I even be financial each and brief in and promising now we more time to
the Given a were time year-over-year. RMB you Total details. press be USD representing for some issued for today's increase billion encourage highlights. I will X.X of the XX% We to XX.X release today read abbreviated presenting through second limited call, billion, our financial or earlier net quarter further revenues
while base existing games such was for and accounted X% RMB roughly for the Our services, Net high Revelation accounted as second despite quarter. billion last in of games, and due benchmark. our revenue, roughly revenue up year-over-year, total from games, games year-over-year Fantasy mobile online revenues mobile The revenue Westward games net XX% to of Journey XX% launched revenue from Online. overseas total year's increase primarily XX.X newly
revenues others second the by XX% from billion increased net online RMB Youdao sale up reached driven due both RMB billion intelligent contribution Cloud growth X.X from Net revenues 's innovative mainly fast X.X NetEase Youdao businesses the devices. year-over-year, the and courses the of year-over-year, and were of up XXX% to for learning quarter, Music.
Overall, [Indiscernible] both by was For user momentum Cloud driven Music, membership growth as and margin profit expansion. with streaming revenues maintained paying profit the Game gross margin XX.X%. XX.X% for solid total follows, breakdown gross Services the was robust a
first as Dictionary as Musi and X.X which services last Youdao Cloud profit turns its gross compensation by of as The XX.X% product growth same gross was smart the structure. during was also the sales, generally growth compared faculty scale margin improvement The in learning on to time for margin, line learning such with others reminder, self-developed Substantial this XX.X% improved and to improved a economies carries year-over-year this positive compared quarter. of a of versus as GP last of NetEase gains, the The year. some saturation Youdao The and with mostly higher margin these margin gross is well Pen attributable as margin contributed optimization line. for driven revenue innovative another mainly businesses with due than number was continuous the its the hardware period of was XX.X% mix based stable, XX.X% As mobile year. significant to games, narrow licensed PC for games. gross was
were total of RMB post-operating expenses our quarter, net XX% second billion, revenue. or X.X the For
We the in to remain last stable is expenses a product revenue and Our net XX.X% If previous percentage selling were D which of the and expenses as revenue in from core of investing growth. exclude expenses marketing content XX.X%. were marketing quarter. development, net creation our selling at our of revenue we quarter with XX.X% year. RMB largely X.X billion, Youdao, and compared percentage second were committed to R& a
revenue, quarter. was in percentage a tax As XX.X% with effective XX.X% The the for accounted second rate net of XX.X% previous quarter. the expenses compared for R&D
the quarter effective different the X.X tax or $XXX and credit entities billion periods differs the the on depending on reminder, from our accrual tax is U.S. a basis, our GAAP time totaled each of As our attributable rate presented and million. policies - an at Non applicable for second net income operation. shareholders RMB to
per basic non-GAAP for X.XX Our X.XX earnings the $ were ADS U.S. or share.
strong. cash remains Our position
we short-term X.X and XXth, time end billion June a with cash very and dividend X.XX XXX our or investment has pleased of total of share with as $X.XXX our accordance of per In As non-current year. approved cash RMB RMB and to dollar that Directors balance the of current U.S. Board ADS. dividend equivalents, are policy, report compared deposits, totaled U.S. of billion our per last
our X.X Lastly, by of share of dollar a previously X.X the today, new US approved February board our approximately dollars board announced to U.S. cap been billion, dollars. increase the from of repurchase approval XXth, the June million cost authorized amount U.S. further approximately has amount to of program total a billion the approved for X of as total billion repurchased X XXth, amendment ADS repurchase under the
to the Thank Additionally, our of board like ADS questions. a not now your Xnd go the your Operator, exceed would to up million months, We open on to XX also call you to outstanding the U.S.$XX purchase approved of of September. to for a Youdao 's beginning share attention. has for Q&A. program period please
