Advertising Revenue GrowthAdvertising revenue grew by 28% year-over-year, driven by strong performance-based advertising growth.
Financial Health And ProfitabilityGross margin increased significantly, and the company recorded positive operating cash flow with a substantial cash reserve, indicating a strong financial position and progress towards profitability.
Product And Service ExpansionValue-added services revenue increased by 22% year-over-year to RMB2.86 billion in the fourth quarter, mainly driven by robust live streaming revenue growth.