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汽车 之 家 AUTOHOME INC . Autohome Inc. Announces Unaudited First Quarter Ended March 31 , 2021 Financial Results BEIJING , May 27 , 2021 - 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 first quarter ended March 31 , 2021 . First Quarter 2021 Highlights¹ Net Revenues in the first quarter of 2021 were RMB1,841.6 million ( $ 281.1 million ) , an increase of 19.1 % year - over - year . ● Online Marketplace and Others Revenues in the first quarter of 2021 were RMB539.1 million ( $ 82.3 million ) , an increase of 74.0 % year - over - year . Data Products achieved evenue growth of 64.9 % year - over - year in the first quarter of 2021. Revenue contribution from TTP Car , Inc. ( TTP ) 2 in the first quarter of 2021 was higher than the Company's prior expectation . Net Income attributable to Autohome Inc. in the first quarter of 2021 was RMB633.8 million ( $ 96.7 million ) , compared to RMB587.2 million for the corresponding period of 2020 . Adjusted Net Income attributable to Autohome Inc. ( Non - GAAP ) ³ in the first quarter of 2021 was RMB734.9 million ( $ 112.2 million ) , compared to RMB646.2 million for the corresponding period of 2020 . Mr. Quan Long , Chairman of the Board of Directors and Chief Executive Officer of Autohome , stated , " We are very pleased with our achievements in the first quarter with total revenues increasing 19.1 % year - over - year , driven by our resilient core business and robust new initiatives . During the quarter , we deepened our cooperation with new energy vehicle ( " NEV " ) automakers in order to capture more growth opportunities . We also upgraded our main App with a more streamlined interface and cleaner functionality , further enhancing our user experience and with younger demographics in mind . " Mr. Long added , " We're witnessing that changes are coming to the automotive industry . In the face of a challenging macro environment and fluctuation in automobile sales stemming from the pandemic , the auto industry has started to step up efforts towards a digital transformation . Emerging premium electric ¹ The reporting currency of the Company is Renminbi ( " RMB " ) . For the convenience of readers , certain amounts throughout the release are presented in US dollars ( " $ " ) . Unless otherwise noted , all conversions from RMB to US $ are translated at the noon buying rate of US $ 1.00 to RMB6.5518 on March 31 , 2021 in the City of New York for cable transfers of RMB as certified for customs purposes by the Federal Reserve Bank of New York . No representation is made that the RMB amounts could have been , or could be , converted into US $ at such rate . 2 TTP Car , Inc. , or TTP , a company operating an online bidding platform for used automobiles . Starting the first quarter of 2021 , the Company consolidated TTP's operating results . In the statements of operations , TTP's revenue is recorded as " online marketplace and others " . In April 2021 , the Company completed the second closing of its investment in TTP , in exchange for an additional 4.17 % preferred shares of TTP involving a value of US $ 25 million . After the second closing , the Company holds investments in TTP both in forms of convertible bonds and preferred shares , representing in aggregate 51.00 % of TTP's equity interest on as - converted basis . 3 Adjusted net income attributable to Autohome Inc. ( Non - GAAP ) is defined as net income attributable to Autohome Inc. , excluding share based compensation expenses , amortization expenses of intangible assets related to acquisitions , certain noncontrolling interests adjustments for TTP ( which for the first time starting in Q1 of 2021 included interest income related to convertible bond investment to TTP , which is eliminated in consolidation ) , and accretion of convertible redeemable noncontrolling interests to redemption value . For more information on this and other non - GAAP financial measures , please see the section captioned " Use of Non - GAAP Financial Measures " and the tables captioned " Reconciliations of Non - GAAP and GAAP Results " set forth at the end of this release . 1