Consumer Discretionary Aug 13, 2020 05:30 PM (GMT+8) · EqualOcean
According to the company's unaudited financial results, NetEase Youdao’s revenue in the second quarter was CNY 623 million, a year-on-year increase of 93.1%, which was lower than Bloomberg's expectation (CNY 629 million). Net loss was CNY 226 million close to Bloomberg's estimation of CNY 221 million.