Hello Group’s profit rose 21% in the third quarter, as its profit margin increased 3.7 percentage points to 22.4%. Revenue and monthly paying users continued to decline for its Momo and Tantan dating ...
Hello Group's investment thesis is being reconsidered due to a decline in users and revenues, impacting future dividends. Both MOMO and Tantan apps are losing users, with Tantan being a loss-making ...