On November 16th, NetEase Youdao released its unaudited financial report for the third quarter of 2023. According to the financial report, NetEase Youdao achieved a net income of 1.54 billion yuan during the reporting period, a year-on-year increase of 9.7%; The net loss attributable to ordinary shareholders was 103 million yuan, with a year-on-year decrease of 44.05%.