NetEase (NTES) Tops Q3 EPS
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November 20, 2019 6:00 PM EST
HANGZHOU, China, Nov. 20, 2019 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading intelligent learning company in China, today announced its unaudited financial results for the third quarter ended September 30, 2019.
Third Quarter 2019 Financial Highlights
Total net revenues were RMB345.9 million (US$48.4 million), a 98.4% increase from the same period in 2018.- Net revenues from learning services and products were RMB225.2 million (US$31.5 million), a 141.6% increase from the same period in 2018.- Net revenues from online marketing services were RMB120.8 million (US$16.9 million), a 48.8%...
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November 20, 2019 6:00 PM EST
BEIJING, Nov. 20, 2019 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES) ("NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced its unaudited financial results for the third quarter ended September 30, 2019.
Third Quarter 2019 Financial Highlights[1]
Net revenues[2] were RMB14,635.7 million (US$2,047.6 million), an increase of 11.2% compared to the third quarter of 2018. - Online game services net revenues were RMB11,534.8 million (US$1,613.8 million), an increase of 11.5% compared to the third quarter of 2018. - Youdao net revenues were RMB345.9 million (US$48.4 million), an...
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