PR NEWSWIRE – Hello Group, a leading mobile social and entertainment platform in China, announced its Q4 and 2021 financial results.
Q4 highlights:
- Net revenues decreased by 3.2% YOY to RMB3,674.2M ($576.6M
- Net loss attributable to Hello Group was RMB4,242.7M ($665.8M), compared to a net income of RMB651.5M in Q4 2021.
- Monthly Active Users on Momo app were 114.1M in Dec 2021, compared to 113.8M in Dec 2020. MAU on Tantan application were 27M in Dec 2021.
- Total paying users of live video service and value-added service, including 2.5M paying users of Tantan, were 11.4M for the Q4 of 2021, compared to 12.8M in 2020.
Full year 2021 highlights
- Net revenues decreased 3% YOY to RMB14,575.7M ($2,287.2M) for the full year of 2021. Net loss attributable to Hello Group was RMB2,913.7M ($457.2M) for the full year of 2021, compared to a net income of RMB2,103.5M in 2020.
See full article at Hello Group website
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