Youdao, Inc. (NYSE:DAO) Q3 2023 Earnings Call Transcript

So, because of the much higher engagement level, we see that users really like these new features. So, we think these are looking great. You also asked about upcoming products. So, regarding our upcoming smart devices releases, we are focusing on harnessing capabilities of the language model to provide more high value learning services, as you can imagine. And our goal here is to make the product experience as close as possible to what the students encounter when learning in person with a teacher. This will make these devices kind of in different form factors vastly more useful compared to traditional learning devices, boosting learning efficiency and effectiveness and raising satisfaction. So, we have exciting plans to launch multiple SKUs before the end of this year.

So, please stay tuned, and we will give you updates shortly. Yes. Thank you.

Operator: That concludes the question-and-answer session. I would like to turn the conference back over to management for any additional or closing comments.

Jeffrey Wang: Thank you once again for joining us today. If you have any further questions, please feel free to contact us at Youdao directly or reach out to Piacente Financial Communications in China or the U.S. Have a great day.

Operator: Ladies and gentlemen, the conference is now concluded, and you may now disconnect your lines. Thank you for joining and have a nice day. Bye-bye.