BRIEF: BofA downgrades Hello Group on livestreaming, dividend concerns
Bank of America lowered its rating on dating app Hello Group (MOMO.US) by two notches to “underperform,” citing weakness in China’s livestreaming market and the possibility that the company’s next…
BRIEF: Hello Group revenue decline accelerates in second quarter
Dating app operator Hello Group Inc. (MOMO.US) said on Tuesday its revenue and profit declined in the second quarter, as business from its new apps failed to offset double-digit declines…
Hello Group still looking for investor love as revenue declines accelerate
The company sometimes called the ‘Tinder of China’ said its revenue fell 9% in the first quarter, and predicted the rate of decline would accelerate Key Takeaways: Hello Group’s three…
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…
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