Brief: Newborn Town Sees FY Revenue From Social Networking Business RMB2,950 Mln To RMB3,050 Mln

Newborn Town

16/01/2024 10:48

Jan 16 (Reuters) - Newborn Town Inc  9911.HK :
    * SEES REVENUE FROM SOCIAL NETWORKING BUSINESS OF GROUP
RMB2,950
MILLION TO RMB3,050 MILLION FOR YEAR
    * AVERAGE MONTHLY ACTIVE USERS OF GROUP'S SOCIAL NETWORKING
BUSINESS 27.833 MILLION FOR Q4 OF 2023
    * VOLUME OF ACCUMULATIVE DOWNLOADS OF GROUP'S SOCIAL
NETWORKING
BUSINESS 620 MILLION AS OF 31 DEC 2023
    * REVENUE FROM INNOVATIVE BUSINESS OF GROUP EXPECTED TO
REACH
RMB320 MILLION TO RMB360 MILLION FOR YEAR

Source text for Eikon:  ID:n11039557-1 
Further company coverage:  9911.HK 

 ((Reuters.Briefs@thomsonreuters.com;))