Youdao reports fourth quarter and fiscal year 2022 unaudited financial results

Hangzhou, china , feb. 23, 2023 /prnewswire/ -- youdao, inc. ("youdao" or the "company") (nyse: dao), a leading technology-focused intelligent learning company in china, today announced its unaudited financial results for the fourth quarter and fiscal year ended december 31, 2022. fourth quarter 2022 financial highlights [1] total net revenues were rmb1.5 billion (us$210.8 million), representing a 38.6% increase from the same period in 2021.
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