NetEase Youdao released its first fiscal report after listing on NYSE. The report showed that the total revenue and net loss was 1,305 billion yuan and 602 million yuan respectively. Ding Lei, the CEO of NetEase, dominated 27.5% shares and 30.8% voting right.
According to the fiscal report, online marketing services and learning product were two main income origins of NetEase. Online marketing services obtained 453 million yuan which dominated 34.7% total revenue. The revenue of learning product reached to 852 million yuan which increased 98.7% compared with the last year. In the module of learning product, the revenue of online courses dominated 71.3%. The total cost of NetEase reached to 934 million yuan in total with 108 million MAU. Learning products and online marketing services cost 621 million(47.6%) and 314 million（24%）respectively.
To obtain more profits, NetEase plans to further develop its online courses business. Launching more online courses is beneficial to increase its number of paying learners and explore more monetized channels.
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