Youdao's Multiple Financial Indicators Exceed Market Expectations; Accelerates Commercialization with AI Applications

Beijing, China, May 27, 2024 (GLOBE NEWSWIRE) -- On May 23, Youdao, Inc. (NYSE:DAO), an intelligent learning company with industry-leading technology in China, announced its unaudited financial results for the first quarter ended March 31, 2024. During the period, Youdao's generative AI applications rapidly accelerated its commercialization under its dual-drive strategy of "AI+education content," bringing steady growth across multiple financial metrics. Youdao reported that its total net revenues for the fi ...