Yalla records stable revenue, prepares for next growth stage
The social networking and gaming company’s revenue rose despite one-off impact from the World Cup in Qatar, as it continued sowing the seeds for its next stage of growth Key…
YALA.US
FAST NEWS: Weibo Profit Tumbles on Sliding Ad Revenue
The latest: Weibo Corp. (WB.US; 9898.HK) on Thursday reported its revenue dropped 22% to $450 million in the second quarter, while its net profit plunged 65% to $28.3 million. Looking up:…
FAST NEWS: SEC Doubles Number of Chinese Companies at Risk of Delisting
The latest: The U.S. Securities and Exchange Commission (SEC) on Tuesday added 12 company names to a growing list of New York-traded Chinese firms that could be delisted for failing…
Weibo Plays With the Big Boys in Numbers, But Investors Still Worry
Despite impressive financial results last year, China’s Twitter equivalent faces the challenge of better monetizing users in its highly regulated home market Key takeaways: Weibo’s revenue rose above pre-pandemic levels…
FAST NEWS: Baidu Joins List of U.S.-Traded Chinese Stocks in Danger of Delisting
The latest: China’s dominant search engine Baidu Inc. (BIDU.US; 9888.HK) on Wednesday was added to a growing list of companies facing the risk of forced delisting from U.S. stock exchanges.…
FAST NEWS: Weibo Added to U.S. List for Potential Forced Delisting
The latest: Weibo Corp. (WB.US; 9898.HK) was added to a U.S. government list of New York-traded Chinese companies that could face possible delisting for failing to comply with a U.S.…
Dating App Hello Group Gets Spurned by Investors as Rivals Swarm
Company’s strategic shift to customer retention from monetization knocks quarterly revenues lower as competition intensifies Key takeaways: Shares in Hello Group sank to a five-year low after release of its…
