??
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%?
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??:“????????2025???,????????”
11???????????????,?????????????????,«????????????????»«??????»????????????????????????????????,?????????,?????
“2024????,??,?????????2025??”??????????????,?,???????2025???
“????????????+??”??????????????????????????? ?
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???????2024????????????????,???????????????????????????????????????????????????,??????????12?????????????
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????,???????,???????????????????????????????????????????,??????????????????????????????App?????,?????????????,????????,??????????????????95%??????????????????,????2024?????12????????????????????,????????????????,??????????????????????,??
?????«??????????»??2024???,?????«?????????????????»???????,?????????????????????,???????,2025?????????????
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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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????,????????????«???????»«???»«??????????????»???????????????,«??????????»???????????????IP????????????«???????»«?????????????»????«??????????????»«?»«??»«??????????»?????????????“??”??????????????????«???????????»«??????????????????»«????»«??»«?????»«??????????????????????»????????,??????????????????,??IP?????????1???????«???»??????,?????????????????????8000,??????????“??N???????????”??????????????????IP????????????????,«????3»«??????????5»«??2025»?????????«????????2»???????????????????????????????,??????????????????????,?«???????????????»«??»«?»??????????????«????3»????????????????????
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