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…
Soul App files for IPO, riding early-mover status in AI-backed hunt for emotional satisfaction
The social platform plans to entice investors with the combination of its self-developed AI model, immersive social scenarios, and strong profitability Key Takeaways: Tencent-backed Soulgate, operator of the Soul App,…
Hello Group courts investors with big bottom-line gains
The dating app has moved past its pandemic legacy and earlier regulatory woes with strong gains in its third-quarter profit and margins Key Takeaways: Hello Group’s profit rose 21% in…
Tencent-Backed Soulgate Seeks to Get Its Groove on With Hong Kong IPO
Operator of China’s metaverse social media dating app Soul files for listing less than a month after finally ditching a year-long suspended plan for an IPO on the Nasdaq Key…
After Some Soul Searching, Lonely Hearts App Soulgate Scraps New York IPO
Tencent-backed company attributes decision to finding other funding options, as analysts recommend caution Key points: Soulgate says its last-minute abandonment of a New York IPO came after it received ‘alternative…
IPO-Bound Soulgate Sells Itself as Service for the Lonely, Not Lusty
Operator of the app called Soul says it’s seeking internet natives who ‘experience the loneliness technologies bring’ Key takeaways: Soul’s no real-names and no-pictures policy may help it stand out…
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