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Social Media/Entertainment

Trip.com first quarter result

Trip.com’s overseas journey cruises ahead, as profit wobbles

China’s leading online travel agent, formerly known as Ctrip, wants to be a global player, but spending on such efforts could erode its profits Key Takeaways: Trip.com’s revenue rose 16%…
May 23, 2025
9961.HK TCOM.US
Yalla does gaming

Yalla rallies on share buyback, hopes for upcoming midcore game

The Middle Eastern social media and gaming company announced it will launch a highly anticipated self-developed midcore game in the third quarter Key Takeaways: Yalla reported its revenue rose 6.5%…
May 22, 2025
YALA.US
MGM China loses momentum as Macau gaming revenue shows fatigue

Macao’s gaming fatigue takes the roar out of MGM China

Once a favorite of investment banks for its strong post-pandemic performance, MGM China’s business started to contract in the first quarter of 2025 Key Takeaways: MGM China’s revenue fell 3%…
May 12, 2025
2282.HK
Newborn Town stands to become the winner as it is seen as a haven stock amid the trade war

Investors find safe haven in Newborn Town during global trade war

The Middle East-focused social media operator performed strongly in the first quarter, as its stock has been on a recent roll Key Takeaways: Newborn Town’s social networking revenue rose 40%…
May 6, 2025
9911.HK
Quhuo supplies takeout dining drivers

Quhuo’s transformation story hits headwinds as new initiatives stumble

The company is moving away from its original business of providing takeout dining drivers, but revenue for most of its major new initiatives contracted in the second half of 2024…
May 2, 2025
QH.US
Sands China has reported a drop in quarterly profit

Sands China gambles on room revamp to revive flagging profits

The Macao casino operator has reported a drop in quarterly profit but is banking on demand for its refurbished rooms during May’s Golden Week holidays Key Takeaways: Sands China’s first-quarter…
May 2, 2025
1928.HK
Tongcheng buys Wanda's hotel management business

Tongcheng beefs up its hotel management, as Wanda buys more time

China’s third-largest online travel company is buying the hotel management unit of a former highflying operator now struggling to stay one step ahead of its creditors Key Takeaways Tongcheng has…
April 24, 2025
0780.HK 0169.HK
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