Welcome to our dedicated page for Youdao news (Ticker: DAO), a resource for investors and traders seeking the latest updates and insights on Youdao stock.
Youdao, Inc. (NYSE: DAO) delivers AI-powered learning solutions through its intelligent education services, smart devices, and digital marketing platforms. This news hub provides investors and industry observers with verified updates on the company’s financial developments, technological breakthroughs, and market strategies.
Access real-time announcements including quarterly earnings reports, product launch details for devices like the Youdao Dictionary Pen, and partnerships advancing EdTech innovation. Our curated collection ensures you stay informed about DAO’s AI-driven learning tools, operational milestones, and leadership in China’s digital education sector.
Key updates cover advancements in Youdao’s proprietary large language model Ziyue, expansions in personalized learning platforms like Youdao Lingshi, and performance trends across its three core business segments. Bookmark this page for structured access to press releases, regulatory filings, and objective analyses of DAO’s market position.
Youdao (NYSE: DAO), an AI-powered solutions provider focused on learning and advertising verticals, has announced the filing of its 2024 annual report on Form 20-F with the U.S. Securities and Exchange Commission. The report, covering the fiscal year ended December 31, 2024, is now accessible on the company's investor relations website and the SEC's website.
The company will provide complimentary hard copies of the annual report to shareholders and ADS holders upon written request to their Hangzhou office.
NetEase (NASDAQ: NTES, HKEX: 9999) has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report is accessible through the company's investor relations website at http://ir.netease.com/.
The internet and game services provider will provide shareholders and ADS holders with free hard copies of the annual report, which includes audited consolidated financial statements, upon request through their IR Department in Hangzhou, China.
Youdao (NYSE: DAO) reported its Q4 and FY 2024 financial results, achieving its first-ever full-year profitability. In Q4 2024, total net revenues decreased 9.5% YoY to RMB1.3 billion (US$183.6 million), while income from operations increased 10.3% to RMB84.2 million.
For FY 2024, total revenues increased 4.4% to RMB5.6 billion, with online marketing services growing 48.3%. The company reported income from operations of RMB148.8 million, compared to a loss of RMB466.3 million in 2023. Learning services revenue declined 12.7% due to a more selective customer acquisition strategy.
The company's AI initiatives showed positive results, with Youdao Lingshi achieving over 70% retention rate in Q4. The company announced its 'AI Native' strategy to integrate AI across business lines. NetEase Group has committed to providing financial support for the next 36 months starting from May 2024.
NetEase (NTES) reported Q4 2024 financial results with net revenues of RMB26.7 billion (US$3.7 billion), down 1.4% year-over-year. The company's gaming segment generated RMB21.2 billion, showing a 1.5% increase, while Youdao and Cloud Music segments saw decreases of 9.5% and 5.3% respectively.
Notable gaming highlights include Marvel Rivals achieving over 40 million registered users, and Where Winds Meet surpassing 15 million players across PC and mobile platforms. The company's net income reached RMB8.8 billion (US$1.2 billion), with non-GAAP net income at RMB9.7 billion (US$1.3 billion).
For fiscal year 2024, NetEase reported total net revenues of RMB105.3 billion (US$14.4 billion), up from RMB103.5 billion in 2023. The company declared a quarterly dividend of US$0.24405 per share and continued its share repurchase program, having bought back approximately 21.2 million ADSs for US$1.9 billion as of December 31, 2024.
NetEase (NASDAQ: NTES) has announced it will release its fourth quarter and fiscal year 2024 financial results on Thursday, February 20, 2025, before U.S. markets open. The company will host an earnings teleconference call with simultaneous webcast at 7:00 a.m. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day.
Participants can join the conference call by dialing 1-914-202-3258 with conference ID 10044895. A replay will be available until February 27, 2025, by dialing 1-855-883-1031 with PIN 10044895. The webcast and its replay will be accessible for 12 months on NetEase's Investor Relations website.
Youdao (NYSE: DAO), a Chinese intelligent learning company, has scheduled its fourth quarter and fiscal year 2024 financial results announcement for February 20, 2025, before U.S. markets open. The company will host an earnings teleconference call with simultaneous webcast at 5:00 a.m. Eastern Time (6:00 p.m. Beijing/Hong Kong Time) on the same day.
Management will discuss quarterly results and take questions during the call. A live and archived webcast will be available on Youdao's investor relations website. The conference call replay will be accessible until February 27, 2025.
Youdao showcased its AI-equipped Youdao Dictionary Pen X7 series at CES 2025, featuring proprietary applications powered by their 'Zi Yue' educational large language model. The device includes Hi Echo and Mr. P AI Tutor applications, along with offline translation capabilities through an edge-side large language model.
The X7 series has achieved significant market success, becoming the best-selling product in its price range with over 30,000 units sold. During China's 2024 Nov 11th Shopping Festival, the X7 Pro topped industry rankings on major e-commerce platforms, marking Youdao's fifth consecutive year leading the category on JD.com and Tmall.
The company has implemented edge model applications to enhance efficiency and user experience, allowing offline functionality while maintaining high-quality translations comparable to online Neural Machine Translation systems. Youdao's AI subscription service has shown consistent growth for seven consecutive quarters.
Youdao has scheduled its Annual General Meeting (AGM) for December 12, 2024, from 3:00 p.m. to 5:00 p.m. Beijing Time. The meeting will be held at the company's Beijing offices and will feature presentations from CEO Dr. Feng Zhou and other senior management team members.
Shareholders and interested parties can access the live broadcast through the company's investor relations website. An archived replay of the meeting will also be available at ir.youdao.com.
Youdao (NYSE: DAO) announced it will hold its annual general meeting (AGM) on December 12, 2024, from 3:00-5:00 PM Beijing Time at its Beijing offices. The meeting will serve as an open forum for shareholders and ADS holders to discuss company affairs with management, with no proposals requiring shareholder approval. The record date is set for December 2, 2024. Holders of Class A and Class B ordinary shares, along with ADS beneficial owners, are entitled to attend in person. The company's annual report is available on their investor relations website and SEC's website, with hard copies available upon request.
Youdao (NYSE: DAO) reported Q3 2024 financial results with total net revenues of RMB1.6 billion (US$224.1 million), a 2.2% YoY increase. The company achieved record-high operating income of RMB107.3 million, compared to a loss of RMB57.7 million in Q3 2023. While learning services revenue declined 19.2%, smart devices and online marketing services grew 25.2% and 45.6% respectively. Gross margin decreased to 50.2% from 55.9% YoY. The company reported net income of RMB86.3 million, a significant improvement from a net loss of RMB102.9 million in the same period last year. Notable developments include AI-driven subscription services growth of over 150% YoY and continued implementation of their LLM technology.
