Brief: Newborn Town Says Q2 Average Monthly Active Users Of Group's Social Networking Business About 22.503 Mln

Newborn Town

21/07/2023 15:57

July 21 (Reuters) - Newborn Town Inc  9911.HK :
    * Q2 AVERAGE MONTHLY ACTIVE USERS OF GROUP'S SOCIAL
NETWORKING
BUSINESS ABOUT 22.503 MILLION, UP 0.8%
    * REVENUE FROM SOCIAL NETWORKING BUSINESS OF GROUP TO TO
REACH
RMB1,230 MILLION TO RMB1,260 MILLION FOR SIX MONTHS
    * DECLINE IN REVENUE FROM SOCIAL NETWORKING BUSINESS OF
GROUP IN
H1 DUE TO IMPACT OF CONTENT ECOSYSTEM ADJUSTMENT IN Q1


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