
Phoenix New Media revenue rises 22% as net loss narrows in third quarter

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Phoenix New Media Inc. reported a 22.3% increase in total revenues to RMB200.9 million (US$28.2 million) for Q3 2025, driven by growth in paid services and advertising revenues. The net loss narrowed to RMB4.9 million (US$0.7 million) from RMB18.5 million a year earlier, with a net margin improvement from negative 11.3% to negative 2.4%. The company focused on original content, product innovation, offline events, and diversifying monetization channels during the quarter.
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