ORBIS INVESTMENT MANAGEMENT LTD - 31 Dec 2025 SCHEDULE 13G/A Report for Youdao, Inc. American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO)

Filing Manager
ORBIS INVESTMENT MANAGEMENT LTD
Reporting Manager
Orbis Investment Management Limited
Security
Youdao, Inc. American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001
Symbol
DAO
Shares outstanding
31,278,640 shares
Disclosed Ownership
6,943,858 shares
Ownership
22%
Form type
SCHEDULE 13G/A
Filing time
17 Feb 2026, 12:11:36 UTC
Date of event
31 Dec 2025
Previous filing
14 Nov 2025
SEC
View on sec.gov

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Quoteable Key Fact

"ORBIS INVESTMENT MANAGEMENT LTD disclosed 22% ownership in Youdao, Inc. American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO) on 31 Dec 2025."

Quick Takeaways

  • ORBIS INVESTMENT MANAGEMENT LTD filed SCHEDULE 13G/A for Youdao, Inc. American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO).
  • Disclosed ownership: 22%.
  • Date of event: 31 Dec 2025.

What Changed

  • Previous schedule filing date: 14 Nov 2025.
  • Current filing was accepted on 17 Feb 2026, 12:11.

Why This Matters

  • This page explains what this Schedule 13D/13G filing tells you before manager-level rows.
  • You can verify ownership claims directly against the original SEC filing.

Official SEC Source

Backed by Schedule 13D/13G

Beneficial ownership values are sourced from the original SEC Schedule 13D/13G filing.

See Original Filing

Reporting Managers (1)

Name Ownership Shares Owned sole voting power shared voting power Signature Title CIK
Orbis Investment Management Limited 22% 6,943,858 6,943,858 0 Matthew Gaarder Attorney-in-Fact

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