Stagnating Weibo at existential moment
One of China’s earliest social media companies said most of its major metrics were flat in its latest quarterly report, as it remains reliant on advertising for 85% of its…
Yalla revenue growth returns to double-digits ahead of new gaming push
The Middle Eastern social media company reported its strongest revenue growth in two years as it prepares to launch two new self-developed games later this year Key Takeaways: Yalla’s revenue…
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…
BRIEF: Olympics provides lift to Weibo’s profit
Social media platform Weibo Corp. (WB.US; 9898.HK) announced on Tuesday its revenue rose 5% to $464.5 million year-on-year in third-quarter. It credited the growth to strong ad revenues from certain key…
Yalla holds out 2025 as its ‘Year of the Game’ as growth picks up
The Middle Eastern social media company held two major live events in the third quarter, as it prepares to start testing its new self-developed mid-core games by year-end Key Takeaways:…
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…
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%…
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Stagnating Weibo at existential moment
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BRIEF: Olympics provides lift to Weibo’s profit
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