Youdao Reports Q1 2021 Financial Results
"We achieved sound and sustainable growth in the first quarter this year with a record net revenues of CNY 1.3 billion. Our margins are also greatly improving with our gross profit margin and operating loss margin reaching the best levels since our public listing," Dr. Feng Zhou, CEO and Director of Youdao.
May 18, 2021 06:05 PM
Jingdong-Backed Aihuishou Plans US IPO, Aiming to Raise USD 1 Bln
The second-hand electronics platform is currently planning to submit an IPO application in mid-May 2021. At present, Aihuishou has hired Bank of America and Goldman Sachs to help it go public.
Apr 19, 2021 08:08 AM