Youdao reports second quarter 2023 unaudited financial results

Hangzhou, china , aug. 24, 2023 /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 second quarter ended june 30, 2023. second quarter 2023 financial highlights total net revenues were rmb1.2 billion (us$166.4 million), representing a 26.2% increase from the same period in 2022.
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