China tech: virtualizing debt, AI for daters
“If you come up with a potential weapon of mass destruction, you probably want to keep that a bit quiet in the hope that it will find a way to…
Hello Group takes ‘Cyrano approach’ in bid to rekindle China’s dating interest
The leading dating app has launched an AI-backed function that advises people on what to say to prospective dates, as it tries to return to revenue growth after five years…
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…
