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) regularly issues news and updates as an AI-powered solutions provider focused on artificial intelligence applications for the learning and advertising verticals. Its releases cover developments across learning services, online marketing services and smart devices, as well as information about its AI-Native strategy and large language model initiatives.
On this news page, readers can follow Youdao's announcements about unaudited quarterly financial results, where the company reports net revenues and segment performance for learning services, smart devices and online marketing services. These releases often highlight trends such as changes in gross margin, operating profit and the contribution of AI-driven subscription services.
Youdao's news also describes the rollout and enhancement of specific AI capabilities, including references to its Confucius large model, AI features in the Youdao Dictionary application, AI-powered subscription offerings and tools like the AI Ad Placement Optimizer, iMagicBox and its influencer platform. In addition, the company publishes notices about annual general meetings of shareholders, including the date, time and purpose of these meetings.
Because Youdao is a majority-controlled subsidiary of NetEase, NetEase's own releases sometimes summarize Youdao's net revenues and position within the broader NetEase group. Investors and observers who follow DAO-related news can use this page to review Youdao's official communications, track how its AI-Native strategy is described over time and see how its learning, advertising and smart device segments are characterized in its public statements.
NetEase (NASDAQ: NTES and HKEX: 9999), a leading internet and game services provider, has scheduled its first quarter 2025 financial results announcement for May 15, 2025, before U.S. markets open.
The company will host an earnings teleconference call with a simultaneous webcast at 8:00 a.m. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day. Management will discuss quarterly results and take questions during the call.
Participants can join by:
- Dialing 1-914-202-3258 (Conference ID: 10046898)
- Accessing the webcast on NetEase's Investor Relations website
A replay will be available through May 22, 2025, by dialing 1-855-883-1031 (PIN: 10046898). The webcast replay will remain accessible for 12 months on the company's IR website.
Youdao, an AI-powered solutions provider focused on artificial intelligence applications for learning and advertising, has scheduled its first quarter 2025 financial results announcement for May 15, 2025, before U.S. markets open.
The earnings teleconference call and simultaneous webcast will be held at 6:00 a.m. Eastern Time (6:00 p.m. Beijing/Hong Kong Time) on the same day. Management will be available to discuss quarterly results and address questions.
Participants can join through various toll-free and international numbers:
- U.S. Toll-Free: +1-888-346-8982
- International: +1-412-902-4272
- China Toll-Free: 400-120-1203
- Hong Kong Options: 800-905-945 (Toll-Free) or +852-3018-4992
A replay will be available until May 22, 2025, and the webcast can be accessed through the company's investor relations website at http://ir.youdao.com.
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.