Youdao edges towards profits

Is Youdao finally learning how to earn profits?

The education spinoff of gaming giant NetEase reported narrowing losses in the second quarter and said it expects to be profitable on an operating basis this year Key Takeaways: Youdao…
Youdao returns to revenue growth

Youdao gets boosts from AI, patient parent

The education products and services provider returned to revenue growth in the second quarter, and got a three-year extension on debt owed to its parent set to mature next March…

NetEase Tries to Show It’s Not Just About Games Anymore

The company’s Youdao education and Cloud Music divisions posted strong double-digit revenue growth in last year’s fourth quarter, and could soon become profitable Key Takeaways: NetEase’s revenue rose 4% to…