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    Jenny Jan

    Research Analyst at UBS Group AG

    Jenny Jan is an analyst at UBS Group AG specializing in financial services research. While specific details about her coverage universe and performance metrics are not publicly available, she is known for her analytical expertise and commitment to providing actionable investment insights. Jenny's career at UBS is focused on delivering comprehensive sector analysis, and she holds the necessary industry credentials to advise clients professionally. Her experience and professional registration ensure that her recommendations meet high industry standards.

    Jenny Jan's questions to Hello Group (MOMO) leadership

    Jenny Jan's questions to Hello Group (MOMO) leadership • Q2 2024

    Question

    Jenny Jan from UBS asked for an update on the progress of Hello Group's overseas business and requested any financial outlook or guidance for the segment for the current year.

    Answer

    CEO Yan Tang outlined three growth factors for the overseas business: strengthening localized operations, expanding product offerings to include live-streaming, and expanding into the GCC region. He acknowledged that progress on localization was slower than anticipated. CFO Cathy Peng elaborated that the company needs to build up local operational infrastructure, which may cause the year-over-year growth rate to slow from Q1 levels to the mid-30% range in the second half of the year as they lay the groundwork for future expansion.

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