Gaotu Techedu Announces Third Quarter 2024 Unaudited Financial Results
Gaotu(GOTU) Prnewswire·2024-12-04 14:00
BEIJING, Dec. 4, 2024 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Highlights[1] Net revenues were RMB1,208.3 million, increased by 53.1% from RMB789.4 million in the same period of 2023. Gross billings[2] were RMB1,069.2 million, increased by 67.2% from RMB639.3 millio ...