Lesi Group underwhelms with IPO in crowded online ad market
The Chinese provider of mobile advertising services has finally won IPO approval at the fourth attempt, but faces a muted market reception Key Takeaways: Lesi Group’s revenue has been growing…
FAST NEWS: Newborn Town’s innovation business jumps
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) said Tuesday it expects to report that revenue from its social networking business reached between 2.95 billion yuan ($415 million) and 3.05 billion yuan…
FAST NEWS: Games could power Newborn Town as core social revenue sags
The latest: Social networking platform Newborn Town Inc. (9911.HK) on Friday reported that revenue from its core social networking business totaled between 1.23 billion yuan ($170 million) and 1.26 billion yuan in…
FAST NEWS: Newborn Town’s revenue dips in first quarter
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) reported Thursday that revenue from its social networking business totaled between 580 million yuan ($84 million) and 600 million yuan…
FAST NEWS: Newborn Town Social Business Revenue Up 20% in 2022
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) said Tuesday it expects to report that revenue from its social networking business reached between 2.45 billion yuan ($366 million)…
FAST NEWS: Newborn Town’s Social Business Revenue Up 65% in First Quarter
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) said late Tuesday its social networking business revenue is expected to reach approximately 625 million yuan ($98 million) to 650 million yuan…
FAST NEWS: Newborn Town Forecasts Big Adjusted Profit Jump, But Investors Unimpressed
The latest: Social networking platform operator Newborn Town Inc. (9911.HK) said on Tuesday morning it expects to report an adjusted net profit of about 300 million yuan ($48.2 million) to…