AutoHome Inc. (ATHM) has released an update.
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Autohome Inc., a leading online automobile consumer platform in China, has reported a steady increase in its first quarter 2024 financial results with net revenues rising to RMB1,609.1 million from RMB1,533.6 million in Q1 2023. Despite a slight decrease in net income year-over-year, the company has seen growth in key areas such as mobile daily active users and is expanding its innovative businesses. The results also reflect strong revenue growth from data products and new energy vehicle brands with continued investment in marketing and promotional activities.
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