Question · Q3 2025
Yiting Xu asked about the main drivers of Yuanbao's continued revenue growth for 2026, including marketing spend, AI model efficiency, cross-selling, and commission rates, and how these factors are expected to change over the next three years. She also questioned Yuanbao's strategy to strengthen its brand, improve customer loyalty, and increase renewal rates compared to ecosystem players.
Answer
Ray Wan, CFO, outlined a holistic assessment for growth, focusing on traffic acquisition, model efficiency, and cross-selling to maintain sustainable profitability and stable customer acquisition costs. He projected at least 30% revenue growth for 2025. He described Yuanbao's AI-driven engine and independent third-party model, built on continuous cross-functional iteration, as key differentiators for brand strength and customer stickiness.
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