On November 24th, Jianpu Technology (NYSE: JT), a subsidiary of Rong360, announced its financial results for the third quarter of 2023. Benefiting from its diversified strategy and continuous product innovation, Jianpu Technology achieved a revenue of 256 million yuan in the third quarter of 2023, with a cumulative revenue growth of 12.0% year-on-year in the first three quarters, reaching 831 million yuan. At the same time, Jianpu Technology continued to use AI tools to optimize workflow and improve operational efficiency, narrowing the net loss rate to 2.5% and further approaching breakeven in the third quarter.
According to the financial report, in the first three quarters of 2023, Jianpu Technology's loan recommendation, credit card recommendation, financial digital transformation services, and marketing and other services accounted for 30%, 38%, and 32% of the total revenue, respectively. In addition, Jianpu Technology extends AI solutions to non-financial fields, helping financial and non-financial partners explore new operational models in the context of digital upgrading. Based on this, the revenue from marketing services and other services increased by 72.1% year-on-year in the first three quarters.
In terms of AI innovation practice, Jianpu Technology attempted to apply large-scale language models to content analysis, document preparation assistance, and risk early warning scenarios in the third quarter, and launched various customized products and solutions for banks, telecommunications operators, and regulatory agencies to help financial and non-financial partners achieve digital upgrades. It is reported that Jianpu Technology will introduce AI digital avatars to represent CEOs for the first time in interpreting financial report related information.