| Summarized information by segments |
The following table presents summarized information by segments (in thousands):
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For the Years Ended December 31, |
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2023 |
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2024 |
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2025 |
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RMB |
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RMB |
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RMB |
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Revenues |
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Net advertising services |
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619,260 |
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630,590 |
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614,330 |
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Paid services |
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72,760 |
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73,105 |
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151,241 |
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Total revenues |
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692,020 |
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703,695 |
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765,571 |
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Cost of revenues |
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Net advertising services |
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423,728 |
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404,061 |
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369,218 |
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Paid services |
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40,417 |
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30,928 |
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22,204 |
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Total cost of revenues |
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464,145 |
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434,989 |
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391,422 |
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Gross profit |
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Net advertising services |
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195,532 |
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226,529 |
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245,112 |
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Paid services |
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32,343 |
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42,177 |
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129,037 |
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Total gross profit |
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227,875 |
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268,706 |
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374,149 |
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