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…
Fosun Pharma Hopes Covid Vaccine Can Cure Its Ailing Margins
Company licensed to sell BioNTech’s mRNA vaccine in China reported its revenue rose 28.8% last year, with the Comirnaty vaccine bringing in over $157 million Key takeaways: Fosun Pharma’s revenue…
Hello Group to Say ‘Bye Bye’ to Struggling Tantan App?
The company often called the ‘Tinder of China’ says revenue from its Tantan unit purchased in 2018 plunged 40% in last year’s fourth quarter Key Takeaways: Hello Group’s revenue fell…
IPO-Bound Soulgate Sells Itself as Service for the Lonely, Not Lusty
Operator of the app called Soul says it’s seeking internet natives who ‘experience the loneliness technologies bring’ Key takeaways: Soul’s no real-names and no-pictures policy may help it stand out…
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