Source: South China Morning PostNetEase, the owner of China’s second largest gaming business, reported robust growth in its education tech unit Youdao on Thursday, but its shares still took a beating.The Hangzhou-based tech company reported net revenue of 19.8 billion yuan (US$3 billion) for the fourth quarter of 2020, marking a year-on-year increase of 25.6 per cent. While gaming still accounted for the bulk of its revenue, NetEase’s biggest growth came from Youdao, which saw its net revenue rise nearly 170 per cent from the…Read More