Brief: Hello Group expects revenue to continue declining in 2025
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Hello Group's revenue in the third quarter slightly declined, with overseas business growth offsetting weakness in the domestic market. Revenue decreased by 0.9% year-on-year, overseas business grew by 70%, and the domestic market declined by 10%. The revenue decline in the fourth quarter is expected to be between 0.6% and 4.4%. Profit decreased by 22% year-on-year. The stock fell 1.1% during trading hours and rebounded by 1.4% after hours, with a cumulative decline of 4.3% for the year
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