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FieldNetEase Youdao
Categories
HQBeijing, China
Founded2006
Latest valuation~$1–2B implied (subsidiary of NTES; not independently valued)
Annual Recurring Revenue (ARR)~$224M (2024 reported revenue)
Funding to date
HeadcountNot disclosed
ProfitabilityProfitable (first full-year profit in 2024; operating margins positive)
Statusactive
Pricing tierfreemium, enterprise, api
DescriptionNetEase Youdao is an intelligent learning company and subsidiary of NetEase focused on large language models for education. It developed Ziyue, a vertical foundation model for K-12 and adult learning, with specialized reasoning variants (Ziyue-o1) released in 2025. The company deploys models across smart hardware, translation, tutoring agents, and content generation.