Hello Group courts investors with big bottom-line gains
The dating app has moved past its pandemic legacy and earlier regulatory woes with strong gains in its third-quarter profit and margins Key Takeaways: Hello Group’s profit rose 21% in…
Hello Group’s Tantan welcomes first-ever profits
The leading provider of online dating services said its profit rose 35% in the first quarter, even as its revenue fell, as the smaller of its two main apps became…
Hello Group Soars as Investors Snap Up Stock on China Covid Easing
Shares of company often called the ‘Tinder of China’ surged nearly 30% in heavy trading after it reported results largely in line with recent trendsKey Takeaways:Hello Group’s stock jumped nearly…
Shrinking Hello Group Targets Tantan Breakeven in 2023
Social media app operator, often called the ‘Tinder of China,’ saw its revenue drop 15% in the second quarter, and forecast a similar decline in the third Key Takeaways: Hello…
FAST NEWS: Newborn Town Forecasts Big Adjusted Profit Jump, But Investors Unimpressed
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) said on Tuesday morning it expects to report an adjusted net profit of about 300 million yuan ($48.2 million) to…
Dating App Hello Group Gets Spurned by Investors as Rivals Swarm
Company’s strategic shift to customer retention from monetization knocks quarterly revenues lower as competition intensifies Key takeaways: Shares in Hello Group sank to a five-year low after release of its…
Dating App Momo Seeks Image Makeover With Name Change
Adoption of new Hello Group name comes as U.S.-listed Chinese shares get pressured by ominous signals from Beijing Key points: Momo’s name change to Hello Group may reflect a change…