Youdao Online English Education: Do not do children's English, do not move the line course

Baidu and Taobao have moved into online education, another internet giant netease, in the Open class and cloud classroom, will also be launched in the year Youdao online English Education Forum. NetEase vice President, Youdao CEO Zhou Feng accepted the "global entrepreneur" interview that the way to do online education, relying on existing user groups (dictionaries), do not do children's English, will not be offline courses and textbooks copied to the line. and other Internet companies, before the introduction of public classes, NetEase has a good education of the user accumulation-the introduction of the Youdao Dictionary in September 2007, has occupied 50% market share, the monthly active users 50 million, day active user 10 million, in the user group, students and white-collar-oriented. Youdao dictionary in charge of Bauta introduction, Youdao advertising platform in the education industry is very popular, has for several years the consumption of more than 5 million of the major customers. Advertising revenue doubled in the first half of the year and is expected to be profitable by year-end. Being self-sufficient means that online English education business will not be too much of a short-term revenue burden. Although not willing to disclose the future of product form, Zhou Feng said online education, or will do a good thing, rely on the existing user base. Bauta said that the future of Youdao online education will pay attention to interactivity and large data analysis.