Newborn Town leans on better monetization as user growth slows
The social media company’s revenue rose over 30% in the first half of the year, as it wrung more money from individual spenders in the face of decelerating user growth…
BRIEF: Hello Group’s booming offshore business fails to offset weakness at home
Dating app operator Hello Group Inc. (MOMO.US) on Tuesday reported its revenue fell 5.3% year-on-year in the first quarter to 2.39 billion yuan ($353 million), as continued weakness in its…
Digital matchmaker Milian looks for love from Hong Kong investors
The company hopes to charm the market with its profitable dating business built around Yidui, a live video app where hosts get paid to help awkward users break the ice…
BRIEF: Hello Group forecasts another year of revenue decline for 2025
Online dating app operator Hello Group Inc. (MOMO.US), sometimes called the “Tinder of China,” reported on Wednesday that its revenue fell slightly in the third quarter, as strong gains in…
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…
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…
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