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Criteo and NetEase are standout companies in the Internet Software & Services industry due to their global operations, client retention through subscriptions and platforms, and successful use of AI. The industry is highly correlated to the economy and has seen steady growth despite incremental caution on the labor market. Valuations have come down, making the group attractive at current levels. The industry is driven by the adoption of technology, including AI, and the resilience of the economy, which is good news for companies like Criteo and NetEase.

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