NEWBORNTOWN expects total revenue from its social business in the first three quarters to be between 4.38 billion yuan and 4.44 billion yuan, a year-on-year increase of approximately 34.5% to 36.4%

Zhitong
2025.10.23 08:36
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NEWBORNTOWN expects that the total revenue of its social business for the first three quarters ending September 30, 2025, will reach between 4.38 billion and 4.44 billion yuan, representing a year-on-year growth of approximately 34.5% to 36.4%. As of September 30, 2025, the cumulative downloads of the social business are approximately 920 million, with monthly active users around 34.08 million. Revenue from innovative businesses is expected to be between 530 million and 550 million yuan, with a year-on-year growth of approximately 69.9% to 76.3%. The revenue growth is mainly attributed to the contribution of diversified social products and short drama businesses driven by AI technology