Revenue by Segment

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Advertising	1.55B	681.51M	628.03M	492.57M	470.18M
Advertising Growth	127.29%	8.52%	27.50%	4.76%	24.50%
Total	1.55B	681.51M	628.03M	492.57M	470.18M
Total Growth	127.29%	8.52%	27.50%	4.76%	24.50%

Revenue by Geography

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
China	1.55B	681.51M	628.03M	492.57M	470.18M
China Growth	127.29%	8.52%	27.50%	4.76%	24.50%
Total	1.55B	681.51M	628.03M	492.57M	470.18M
Total Growth	127.29%	8.52%	27.50%	4.76%	24.50%

Source: S&P Global Market Intelligence.