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This announcement contains translations of specific RMB quantities into U.S. dollars ("US$") at specified fees entirely for that benefit in the reader. Until otherwise mentioned,all translations from RMB to US$ were being made at the speed of RMB7.
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"Our profitability drastically enhanced inside the third quarter,marked by history-higher profits from functions and first-at any time 3rd-quarter income from functions. In our products and services,we leveraged our strong LLM (Significant Language Product) abilities to update our Youdao Lingshi Smart Discovering Procedure,even further improving the personalized features and elevating the user working experience.
The corporate may additionally make prepared or oral ahead-hunting statements in its studies submitted with,or furnished to,the U.S. Securities and Exchange Commission,in its annual reports to shareholders,in push releases together with other penned resources and in oral statements made by its officers,directors or workers to 3rd parties. Even further facts with regards to these challenges,uncertainties or things is A part of the organization's filings with the SEC. The introduced outcomes of your third quarter of 2024 are preliminary and matter to changes. All information presented During this press release is as with the day of this press release,and the organization won't undertake any obligation to update these kinds of facts,besides as essential beneath applicable law.
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"Our profitability substantially enhanced 有道 in the 3rd quarter,marked by history-higher income from functions and initial-ever 3rd-quarter revenue from operations. Within our services and products,we leveraged our robust LLM (Large Language Design) capabilities to update our Youdao Lingshi Intelligent Learning Method,even more boosting the individualized features and elevating the consumer practical experience.
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The increase was mainly attributable towards the improved gross margin profile of overall performance-centered commercials by way of third get-togethers' Online Qualities compared Using the very same duration of past calendar year.
Youdao,Inc. (NYSE: DAO) can be an clever Understanding enterprise with industry-top technology in China committed to creating and employing systems to deliver Understanding written content,apps and options to end users of any age. Creating on the popularity of its on line information instruments for instance Youdao Dictionary and Youdao Translation,Youdao now presents wise units,STEAM programs,Grownup and vocational classes,and schooling digitalization remedies.
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