 BEIJING, May 10, 2021 PRNewswire -- Phoenix New Media Limited NYSE: FENG Phoenix New Media, ifeng or the Company, a leading new media company in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. Mr. Shuang Liu, CEO of Phoenix New Media, commented, During the first quarter of 2021, we adapted to the evolving advertising landscape and implemented active measures to increase user traffic, enhance user engagement, and improve user retention. 