Duiba Group Ltd. Reports 23.7% Decline in Revenue and Increased Net Loss for First Half of 2025
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Duiba Group Ltd. reported a 23.7% decline in revenue for the first half of 2025, totaling RMB 349.6 million, down from RMB 458.3 million in 2024. The company also experienced an increased net loss of RMB 24.5 million, compared to RMB 17.6 million the previous year. The advertising business saw a slight revenue decline, and the user management SaaS platform had fewer paying customers. Looking ahead, Duiba anticipates limited growth in the internet advertising sector and plans to focus on cost reduction and expanding other business capabilities, with no interim dividend recommended.
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