Autohome (ATHM) Announces $200M Share Buyback; Reports Q3 Results

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Autohome Inc. Announces Unaudited 2021 Third Quarter Financial Results and US$200 Million Share Repurchase Program

November 18, 2021 6:25 AM EST

BEIJING, Nov. 18, 2021 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the third quarter ended September 30, 2021 and its US$200 million share repurchase program.

Third Quarter 2021 Highlights[1] 

Net Revenues in the third quarter of 2021 were RMB1,763.8 million ($273.7 million), compared to RMB2,315.6 million in the corresponding period of 2020. Online Marketplace and Others Revenues in the third quarter of 2021 were RMB561.2 million ($87.1 million),... More