Significant Revenue Growth
Total revenues increased by 22.3% year-on-year to RMB 200.9 million from RMB 164.3 million.
Paid Services Revenue Surge
Paid services revenues soared by 161.6% year-on-year, reaching RMB 41.6 million, primarily driven by digital reading services.
Successful Media Influence and Events
Phoenix New Media's events, such as the Shanxi Culture and Tourism Promotion Event, generated over 2 billion online impressions, showcasing strong media influence.
Decrease in Net Loss
Net loss attributable to iFeng was reduced to RMB 4.9 million from RMB 18.5 million year-on-year, indicating improved financial health.
Strong User Engagement and Platform Growth
Phoenix video accounts gained nearly 0.5 million new followers, and the presence on RedNote expanded, showing robust user engagement.