Headquartered in Building 203, Beijing Fiscal year ends December NASDAQ: MOMO ir.hellogroup.com
Hello Group Inc. operates in Asia's online social networking space through its portfolio of mobile applications. Its flagship product, Momo, is a mobile application that connects people and facilitates social interactions based on location, interests, and a variety of online recreational activities including audio and video-based entertainment. Tantan, acquired in May 2018, is a social and dating application designed to help users find romantic connections. Since 2019, the company has expanded its portfolio through internal incubation and strategic acquisitions, adding apps such as Hertz, Soulchill, and Happn, which target niche markets and selective user demographics both domestically in China and internationally. The company generates revenue primarily through virtual gift services across audio, video, and text-based scenarios, as well as membership subscriptions. Hello Group has been actively growing its overseas presence, particularly in the Middle East and North Africa (MENA) region, with new audio- and video-based social entertainment and dating products. Updated
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Hello Group Inc. operates in Asia's online social networking space through its portfolio of mobile applications.
The Wall Street consensus 12-month price target for MOMO is $7.77.
