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Last update Dec 16, 9:46 PM CET
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Hello Group Inc. Sponsored ADR
5.50
0.05
0.90%

Overview

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Description

Hello Group Inc. is a social networking company that primarily operates in China. The company is best known for its mobile application platforms, including Momo and Tantan, which facilitate social connections and interactive experiences among users. Momo originally started as a location-based social search and instant messaging application, allowing users to connect with people nearby and engage in conversations. Over time, it has evolved to include live video streaming and various social entertainment features, broadening its appeal and functionality. Tantan, often referred to as the "Tinder of China," focuses on social discovery and facilitates dating connections, offering a platform for users to meet, chat, and interact based on mutual interests. Hello Group Inc. plays a significant role in the online social and entertainment ecosystem, catering to the evolving digital interaction needs of millions of users. Its platforms not only support personal relationships but also contribute to the growth of online social commerce and content creation, with monetization primarily driven by live streaming services, membership subscriptions, and advertising. Founded in 2011 and headquartered in Beijing, Hello Group Inc. continues to leverage technology and social dynamics to influence digital interactions in one of the largest internet markets in the world.

About

CEO
Mr. Yan Tang
Employees
1705
Address
Tower 2, Wangjing SOHO
20th Floor, Block B No.1 Futongdong Street Chaoyang District
Beijing, 100102
Phone
86 10 5731 0567
Instrument type
American depositary receipt
Sector
Communication Services
Industry
Internet Content & Information
Country
Germany
MIC code
XFRA
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