During the whole fiscal year 2024, NetEase Games brought in $11.5 billion, another slight plus compared to the previous year. The revenues from mobile games made up around 73% of the total, down around 1.5% from the fiscal year 2023. NetEase attributed this to both Marvel Rivals and its long-running wuxia battle royale game Naraka: Bladepoint.

According to a report from Bloomberg, the cuts to the North American team working on Marvel Rivals aren’t an anomaly. NetEase founder and CEO William Ding is reported to have cut hundreds of jobs, closed studios, and taken a firmer hand with the company’s Japanese teams — including the one led by former Ryu Ga Gotoku Studio head Toshihiro Nagoshi.

Amidst the abrupt layoffs of some employees who worked Marvel Rivals, it's now reported that the game's cancelation was considered prior to its release, which is a surprising revelation, given it has already surpassed 40 million players.