Hello Group Inc Q4 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Xueging Zhang - CICC - Analyst : (spoken in foreign language) Thanks management for taking my question. My question about Momo. In the first quarter, number of paying users on Momo request by RMB1.2 million quarter on quarter, which is significantly larger than the historical average. So what's the main reason for this? What's the impact on revenue and profit? Can we see the number of paying users around this year? And secondly, how does management view the adjustments to live streaming and vast products over the past year? Are there any further adjustments this year? Lastly, how to view the revenue and profit of the Momo in 2025. Thank you.

Question: Thomas Chong - Jefferies - Analyst : (spoken in foreign language) Thanks management for taking my question. My question is about our overseas application. Can management comment about the key market for social as well as its revenue and earnings? On the other hand, we also talk about the two new apps. Can management share the positioning of these two applications and how it is different from social? How big are these two apps in terms of revenue and spending? In 2025, how should we think about the overall overseas revenue and earnings expectation as well as the growth potential in overseas market. Thank you.

Question: Leo Chiang - Deutsche Bank - Analyst : (spoken in foreign language) Thank you management for taking my question. My question is regarding to Tantan. After one year of, business adjustment, we see Tantan user and revenue scale is still in a declining trend. Can management make sure the plan for Tantan this year in terms of product and operation. How should we think of Tantan revenue and profit outlook in 2025. Thank you.

Question: Jenny Wong - UBS - Analyst : (spoken in foreign language) So thanks management for taking my question. My question is regarding our capital return. As (inaudible) mentioned, this is the seventh consecutive year of issuing special dividends. So looking ahead, are we planning our regular policy? We know that this year is not smaller than previous years, but on the other hand, we extended and upsize our share back program. So does this indicate a strategic preference for [shadow backs] or the dividends in terms of shareholder returns going forward. Thank you.