Hello Group Inc., a Chinese company that operates the popular dating apps Momo and Tantan, reported a net income of almost two billion yuan in 2023. The Group's flagship app Momo, originally a simple location-based dating app, now relies on live video streaming services as its main revenue stream. Its monetization model which encourages users to buy virtual gifts for streamers was once highly profitable until the Chinese government has doubled down its regulations on live streaming.
Annual net income attributable to Hello Group Inc. from 2014 to 2023
(in million yuan)
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Hello Group. (March 14, 2024). Annual net income attributable to Hello Group Inc. from 2014 to 2023 (in million yuan) [Graph]. In Statista. Retrieved December 27, 2024, from https://www.statista.com/statistics/1031452/china-momo-annual-net-income/
Hello Group. "Annual net income attributable to Hello Group Inc. from 2014 to 2023 (in million yuan)." Chart. March 14, 2024. Statista. Accessed December 27, 2024. https://www.statista.com/statistics/1031452/china-momo-annual-net-income/
Hello Group. (2024). Annual net income attributable to Hello Group Inc. from 2014 to 2023 (in million yuan). Statista. Statista Inc.. Accessed: December 27, 2024. https://www.statista.com/statistics/1031452/china-momo-annual-net-income/
Hello Group. "Annual Net Income Attributable to Hello Group Inc. from 2014 to 2023 (in Million Yuan)." Statista, Statista Inc., 14 Mar 2024, https://www.statista.com/statistics/1031452/china-momo-annual-net-income/
Hello Group, Annual net income attributable to Hello Group Inc. from 2014 to 2023 (in million yuan) Statista, https://www.statista.com/statistics/1031452/china-momo-annual-net-income/ (last visited December 27, 2024)
Annual net income attributable to Hello Group Inc. from 2014 to 2023 (in million yuan) [Graph], Hello Group, March 14, 2024. [Online]. Available: https://www.statista.com/statistics/1031452/china-momo-annual-net-income/
