Youdao reports first quarter 2024 unaudited financial results

Hangzhou, china , may 23, 2024 /prnewswire/ -- youdao, inc. ("youdao" or the "company") (nyse: dao), an intelligent learning company with industry-leading technology in china, today announced its unaudited financial results for the first quarter ended march 31, 2024. first quarter 2024 financial highlights total net revenues were rmb1.4 billion (us$192.8 million), representing a 19.7% increase from the same period in 2023.
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