Youdao, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 29, 2024 at 03:30 am EST
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Youdao, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was CNY 1,480.52 million compared to CNY 1,453.98 million a year ago. Net income was CNY 56.48 million compared to CNY 12.3 million a year ago.
Youdao, Inc. is an intelligent learning company that develops and uses technologies to provide learning content, applications and solutions for users of all ages. The Company operates two business segments. The Learning Services and Products segment offers online courses, including the Youdao Premium Courses, NetEase Cloud Classroom and China University MOOC, as well as learning products such as the Youdao Dictionary and Youdao Cloudnote, sales Youdao Dictionary Pen and Youdao Pocket Translator, and provides learning services to customers. The Online Marketing Services segment is engaged in providing different forms of advertising for marketing.
YOUDAO, INC. 
