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.
NetEase reported Q4 2022 net revenues of RMB25.4 billion (US$3.7 billion), reflecting a 4.0% increase year-over-year. Key highlights include:
- Games and related services generated RMB19.1 billion (US$2.8 billion), up 1.6% from Q4 2021.
- Youdao revenues rose 9.0% to RMB1.5 billion (US$210.8 million).
- Cloud Music net revenues increased 25.8% to RMB2.4 billion (US$344.5 million).
- Operating expenses grew to RMB8.8 billion (US$1.3 billion), marking a 6.0% rise.
- Net income attributable to shareholders was RMB4 billion (US$573.1 million).
NetEase aims to enhance product quality and expand global reach in 2023.
NetEase, Inc. (NASDAQ: NTES) announced it will report its fourth quarter and fiscal year 2022 financial results on February 23, 2023, prior to the U.S. market opening. A live earnings teleconference will occur at 7:00 a.m. ET on the same day, allowing management to discuss results and address questions. Participants can join the call by dialing 1-914-202-3258 with conference ID: 10028543. A replay will be available until March 2, 2023. NetEase is a leading internet and online gaming company in China, also managing subsidiaries like Youdao (NYSE: DAO), focusing on intelligent learning.
Youdao, Inc. (NYSE: DAO) announced it will report its Q4 and fiscal year 2022 financial results on February 23, 2023, before the U.S. market opens. The earnings teleconference is set for 5:00 a.m. ET on the same day, with management discussing the results and answering questions. Investors can access the call via dial-in numbers and a webcast on the company's investor relations website. Youdao specializes in intelligent learning technologies in China and offers various education solutions and applications.
Youdao, Inc. (NYSE: DAO) has announced the postponement of its 2022 Annual General Meeting (AGM), originally set for December 1, 2022, due to challenges posed by the COVID-19 pandemic. The company will determine a new date for the AGM, which is subject to changes based on the pandemic's developments. Youdao is a leading intelligent learning technology company in China, providing various educational content and solutions.
Youdao, a technology-driven intelligent learning company in China, reported a significant growth in its Q3 2022 financial results. Total net revenues reached RMB1.4 billion (US$197.2 million), marking a 35.0% year-over-year increase. Key drivers included a 37.2% rise in learning services revenues (RMB888.5 million) and a 40.1% increase in smart devices revenues (RMB356.5 million). Gross profit also climbed to RMB760.2 million, with a gross margin of 54.2%. However, the company faced net losses of RMB183.9 million, albeit narrower than the previous year.
Youdao, Inc. (NYSE: DAO) will hold its annual general meeting (AGM) on December 1, 2022, in Beijing. This AGM will focus on discussions between shareholders and management, with no proposals for shareholder approval. The record date for shareholders to attend is November 21, 2022. Both Class A and B ordinary shareholders, as well as holders of American Depositary Shares (ADSs), are invited to participate. Shareholders can access the annual report via the company's investor relations website. For more details or a hard copy of the annual report, inquiries can be sent to the company.
Youdao, Inc. (NYSE: DAO), a leading intelligent learning company in China, will announce its third quarter 2022 financial results on November 17, 2022, before the U.S. market opens. A teleconference is scheduled for 5:00 a.m. ET on the same day, where management will discuss the earnings and answer questions. The conference call will be available for playback, and details can be accessed through the company's investor relations website.
Youdao focuses on education technology, offering various learning solutions and smart devices.
Youdao, Inc. (NYSE: DAO) has launched the Youdao Smart Learning Pad X10, a new AI-driven educational tool aimed at enhancing learning experiences. This device features a unique "Learning Dashboard" to track performance and offer tailored suggestions for users. It allows photo uploads of homework for analysis and connects to recorded lectures from top universities. Additionally, the Youdao Dictionary Pen P5 was introduced with enhanced scanning capabilities. Both products are available for pre-sale across major Chinese e-commerce platforms.
Youdao, a prominent Chinese intelligent learning company, reported its Q2 2022 financial results, showing total net revenues of RMB956.2 million (US$142.8 million), down 2.4% from Q2 2021. Net revenues from learning services fell 7.3%, while smart devices saw a 16.3% increase. Gross profit decreased by 18.1% with a gross margin of 42.8%. Despite a narrowed net loss of RMB461 million, representing a 12.3% improvement year-over-year, operating cash inflow was RMB104 million. Youdao continues to adapt to regulatory changes and has launched new products, aiming for growth in the second half of the year.
Youdao, Inc. (NYSE: DAO), a leading intelligent learning technology company in China, held its 2022 Intelligent Learning Product Launch Event on August 9, 2022, in Beijing. The event showcased the new Youdao Dictionary Pen X5, featuring a 15% faster word search and a vocabulary expansion to 10 million words. The Youdao Smart Learning Pad also demonstrated success, achieving gross billings of RMB 10 million shortly after launch. CEO Feng Zhou emphasized the company's commitment to advancing learning through technology and expanding its product offerings.