Hello Group Inc. (MOMO)
Hello Group Inc. operates in the Internet Content & Information industry of the Communication Services sector, headquartered in Beijing, BE, CN. The stock last traded at $5.86, up 0.51% on the session, giving a market capitalisation of $956.2M. On trailing twelve-month figures it carries a trailing P/E of 8.67, a net margin of 7.2%. Its beta of 0.55 implies it has historically moved less than the broad market.
Hello Group Inc. delivers a suite of mobile-centric social and entertainment offerings across the People's Republic of China. The company's flagship "Momo" platform comprises its primary mobile application along with numerous associated features, tools, and services. This app acts as a central hub where users can connect and engage, facilitated by shared interests and geographical proximity. It provides a variety of recreational activities, including live talent showcases, short video content, social gaming, and interactive video and audio experiences such as virtual parties, mobile karaoke, and user-driven reality programs. Additionally, Momo's user base can livestream diverse content, ranging from talent displays like singing, dancing, and talk shows, to casual discussions and direct interactions between broadcasters and viewers. Hello Group also operates "Tantan," a dedicated social and dating application. Tantan assists individuals in forging romantic connections and meeting new, intriguing people. Its functionalities extend to live video streaming, instant messaging, value-added services, mobile marketing solutions, various mobile games, and audio chatrooms. Established in 2011, the company, originally known as Momo Inc., officially rebranded to Hello Group Inc. in August 2021. Its corporate headquarters are situated in Beijing, People's Republic of China.
Hello Group Inc. is most often compared with the following Communication Services names: