With the leap in improvement, Tantan subscription revenue will gradually recover, and non-subscription revenue is expected to accelerate in the second half of this year after the user experience is optimized.
Looking forward to the next quarter of 2020, the company expects total revenue to be between RMB 3.8 billion and RMB 3.9 billion, a year-on-year decrease of 8.5% to 6.1%. This expectation still considers the potential impact of the outbreak.
US stocks closed on May 27, Momo rose 5.39% to $ 21.12, with a total market value of $ 4.408 billion.