Hello Group courts big spenders abroad as Chinese daters economize
The social-app operator is boosting its paid user base at home, but weaker spending and setbacks overseas are prolonging its long-awaited turnaround Key Takeaways: Hello Group’s revenue fell 5.1% in…
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%…
Newborn Town reports blowout business, but investors fail to move in
The social networking company reported strong performance in the first three quarters of the year, including revenue growth of more than 60% Key Takeaways: Newborn Town’s revenue grew between 60.7%…
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’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…
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