Youdao, Inc.’s (NYSE:DAO) stock price dropped 12% last week; public companies would not be happy
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Youdao’s significant public companies ownership suggests that the key decisions are influenced by shareholders from the larger public
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NetEase, Inc. owns 57% of the company
To get a sense of who is truly in control of Youdao, Inc. (NYSE:DAO), it is important to understand the ownership structure of the business. We can see that public companies own the lion’s share in the company with 57% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.
While insiders, who own 20% shares weren’t spared from last week’s…
