??
2??18???????????????????,????(NASDAQ:IQ)?????2024??12?????????31??????????????292.3???????????????????,Non-GAAP(??????????????????????)????23.6??????????????????,Non-GAAP??????????????8%,???????,???????,???66.1????????????????,Non-GAAP????4.1?????????,Non-GAAP????6%?
??????????????????????:“2024??11??,????,???,??????????????????????????,?????????????,?????????????????,?2024???”
“???????????????,????????????????,??????????????????????,??????????,?????????”?????????????????????,“???,?????”
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11??,??????????????????,«?????????»«????????»???????????,????,????????????
“2024???,??????,??2025???????”?,????????????,??????????????????2025????
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?????2024????????????,????????????????????????????????????????????????????????????????????,????????????????12?????????????
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2024?????????????????,??????????41.0????????????????????????????11????????????????,????,????????????????????????????,???????5??????????????,???????????????????????,???????,????????????????,????,????????????,???????????????????,??????????????,??VIP?????
??????????????????,????????????????30%???,?????,??????50%?2025??,?????????????,???????????????,2025????????????
????,???????14.3?????,???????7%?????,??????????,????????????????????,????????,?????????????????????“???????????????”???40%,??30%???????????????,????AI?????,???????????????????
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??:“???????????2025??,???”
2025???? ??????????
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