Hello Group takes its matchmaking skills beyond China
The operator of the Momo dating app said revenue from its global business could potentially double to 2 billion yuan this year Key Takeaways: Hello Group’s revenue fell 12% in…
BRIEF: Paying user decline drags down Hello Group’s profit
Dating app operator Hello Group (MOMO.US) announced on Monday its revenue reached 2.67 billion yuan ($381 million) in third quarter, down 12.1% year-on-year but ahead of market expectations. Its net…
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…
PODCAST: Foreign Law Firms Flee Shanghai, and No Love in Dating Site’s Latest Results
By Doug Young & Rene Vanguestaine A growing number of foreign law firms are leaving Shanghai. Is the exodus due to slowing business, or are political forces at work? And…
CHINA BULLETIN: Manufacturing Déjà Vu
In this week’s issue European gloom, a new chip fund and foreign law firms flee Shanghai. On a scale of 1 to 100, we give the week a 45 for…
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…
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