Communication May 20, 2021 02:39 AM (GMT+8) · EqualOcean
In Q1 2021, sales volume was CNY 1.33B (+147.5% YoY), with the company's first-quarter net loss of CNY 325M (-169.4M last year). The gross profit rate of various business units increased significantly, reaching 57.3%. Online courses are the largest revenue driver of Netease Youdao. Youdao is a subsidiary of Netease and has launched a series of products, including Youdao dictionary, Youdao excellent course, Youdao translator, Youdao cloud notes, huihui.com, and Youdao promotion. This briefing is contributed by and first appeared on CIMK.

Source: CIMK