Don’ t Be Fooled By Its Name! It’s Not Just A Dictionary With a massive user base of over 700 million desktop and mobile users, Youdao Dictionary was listed as “APP with most commercial value” by QuestMobile. This figure promises Youdao Dictionary great potentials for growth as China’s mobile translation service is expected to attract 500 million users by 2020. Statistics show that Youdao Dictionary took up about 80 per cent of the Chinese market. Launched in 2007 as a desktop translation software, Youdao Dictionary has expanded to browser extensions and mobile applications. (Source: Youdao IPO Prospectus) What Is Youdao Dictionary? Image: Major services offered by NetEast’s Youdao Inc. continues to raise funds and increase its market share, its signature application Youdao Dictionary has become one of the most popular e-learning services among Chinese students and well-educated, high-income online learners. equality market last October, raising a total of US$95.2 million. The success drove Youdao Inc., the online education technology company of NetEast, to go public in the U.S. Youdao Dictionary, along with other Youdao online learning services, has attracted more than 100 million monthly active users (MAUs) as of the first half of 2019. It comes as no surprise that Youdao Dictionary, a multi-platform online learning and translation service owned by Chinese Internet giant NetEast, has grown sustainably over the past decade and become the most popular translation application in China. At home, over two million Chinese students are learning a second language, making them the largest language study group in the world. As China is increasingly integrated into the global system, the world has witnessed an influx of Chinese people studying, working, and doing business abroad. In a globalized world, knowledge of languages is paramount in facilitating cultural exchanges, economic and social activities. Youdao Dictionary – China’s 500 Million E-learners’ Destination Of Choice
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