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February 25, 2011

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NetEase's profit up

NETEASE, China's Internet portal and online game operator, has reported profit rose 25 percent from a year ago to US$108 million in the fourth quarter of 2010 after revenue grew strongly.

Revenue from online games, its largest income contributor, climbed 31 percent.

"This year's major task will be to speed up the launch of new games," said NetEase CEO William Ding.

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