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On May 23rd, NetEase released its first quarter financial report for 2024. According to the financial report, NetEase's Q1 revenue was 26.9 billion yuan, with a net profit attributable to shareholders of 8.5 billion yuan (Non GAAP). R&D investment accounted for over 15% for seven consecutive quarters. In the first quarter, NetEase's revenue from gaming and related value-added services was 21.5 billion yuan.
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