Jiahui Wang's questions to Hello Group Inc (MOMO) leadership • Q3 2024
Question
Jiahui 'Jenny' Wang from UBS asked about the outlook for the Momo cash cow business, questioning if product adjustments would continue, when a growth recovery might occur, and its long-term sustainability.
Answer
CEO Tang Yan stated that after a year of adjustments to create a healthier ecosystem, the company is satisfied and will maintain its strategy of deemphasizing high-revenue competition events. CFO Cathy Peng added that no significant additional adjustments are planned for 2025. She anticipates the YoY revenue decline for the Momo segment will narrow significantly in 2025, though a Q1 seasonal dip is expected, with a Q2 recovery dependent on the macro environment.