?? ????????2024?292.3????:? “????????+??”???
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????:1???????????:?????vx
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3??????150???
4?????95?
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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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????????:“2024??????11??????,???????????,??????????????????,????????????,?????????????,????????????????,??2024?????”
“?????????????????????,????????,???????,????,?????”?????????????????,“??,??????????????????”
??????:“??????????????????????2025????????????,???????”
11?????,????,«????????»«??????????????????»?????????????????????????????,?????,?????????
“2024??????,??,???2025??????????????????”???,?????????,??????????2025???????
“?????+??”???? ??????
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???2024????????,????????????????????????????????????????????????????????,??12????????
???????????????,?????,??????????????????????«??»????,?????2024?????“??”????????14??????????????«??»????????????,?????????????????????“???????????????????”???????,«??????????»?;«?????????????»«??»?????????,??9500?????????9000?
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?????,??????????,???????????????????????????????????????,????????????????????????App???,??????????????????????,???????????,?????????????????????95%?,??2024????????????12???????,??????????????????????????????,????,??
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????????«???»????2024?,????«????????????????»?????????????????,???????????????????,???,2025????
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2024????????,?????41.0???????????11??????????????????????,???,???,??????????5???????????????????,????????????????????????????????????????????,????,???????,????,??????,????????????,??????????????,??????????????????VIP????????
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??????????????????,???????????????????30%??????,?,?????????????????????????50%?2025?,???????????????????,?????????????????????????????,2025???????????????????
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?????,?????14.3??,????????????????????7%?????,??????????????,????????,????????????,????“?????????????”????40%,??30%??????,??????????AI???????????????????,????????
???????,????,?????????????????????4.1????????????????6.7???????????????????????????,??Non-GAAP???????????????4.1????,????10%?
???:“?????????2025????,????????????????????”
2025????????????????????? ????????????????
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???????????,????,AI??????5000????,??????????????????,?????????????????,??????????????????,???????????????????????????“??”??,??????????;«????»«??????????????????????»?????????????,???????????,?????IP?????????????VR???????
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?,2025???????,???????????“?????+???????????”???????
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