Yidian Tianxia (301171.SZ) released its third quarter financial results. The report shows that the company's third quarter revenue was 0.67 billion yuan, up 14.07% from the same period last year; excluding exchange gains and losses and share-based payments, the net income attributable to the parent company was 76.72 million yuan, an increase of 26.56% from the same period last year. From January to September 2024, the company achieved revenue of approximately 1.754 billion yuan, a year-on-year increase of 10.75%; excluding exchange gains and losses and share-based payments, the net income attributable to the parent company was 0.217 billion yuan, an increase of 34.86% from the same period last year.
As of now, Yidian Tianxia has established long-term stable cooperative relationships with top e-commerce platforms represented by Temu, Alibaba International, TikTok, and Shein, and has successfully helped Chinese local brands such as Transion Infinix and Freskoshop to expand overseas. At the same time, driven by generative AI, Yidian Tianxia is at the forefront of the trend of AI applications going global, helping well-known AI applications such as POPAI, Hakko Ai, and Crushon.AI to rapidly and accurately expand into overseas markets, gaining industry-wide recognition with professional industry insights and efficient service capabilities.