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: Newborn Town’s revenue jumps on acquisitions
Developing markets social media operator Newborn Town Inc. (9911.HK) said on Tuesday its revenue rose more than 50% last year, as it consolidated two recent acquisitions into its results for…
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%…
BRIEF: Newborn Town’s profit grows, but at a high cost
Social media platform operator Newborn Town Inc. (9911.HK) said its profit rose 28% to 225 million yuan ($32 million) in the first half of this year, according to its interim…
FAST NEWS: Newborn Town’s core businesses shine
The Latest: Social networking platform operator Newborn Town Inc. (9911.HK) said Thursday it expects to report that revenue from its social networking business reached between 2.055 billion yuan ($283 million) and 2.085 billion…
Lesi Group underwhelms with IPO in crowded online ad market
The Chinese provider of mobile advertising services has finally won IPO approval at the fourth attempt, but faces a muted market reception Key Takeaways: Lesi Group’s revenue has been growing…
FAST NEWS: Newborn Town’s innovation business jumps
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) said Tuesday it expects to report that revenue from its social networking business reached between 2.95 billion yuan ($415 million) and 3.05 billion yuan…
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