Bo Zhang's questions to Youdao Inc (DAO) leadership • Q3 2024
Question
Bo Zhang of Huatai Securities asked for management's outlook for the fourth quarter and their strategic priorities moving forward.
Answer
VP of Finance Yongwei Li reiterated the focus on achieving full-year operating profitability, driven by generative AI integration. He expressed confidence in meeting this goal, citing strong performance in the first three quarters. For Q4, he expects continued growth in AI-driven subscription services, profitability in online marketing, and innovation in AI-integrated smart devices. CEO Feng Zhou added that the company's dual strategy of focusing its business and betting on LLMs has been successful, creating new high-growth revenue streams that will drive future performance.