Hello Group Turns To AI To Boost Slumping Revenue
1. Hello Group's revenue fell 2.6% in Q2, continuing a five-year decline. 2. AI features tested in Momo app aim to improve user engagement and retention. 3. International revenue contribution grew to 17%, but growth is expected to slow. 4. The company reported a net loss of 139 million yuan, its first since 2021. 5. Analysts remain mixed; 6 hold 'buy' ratings amid concerning consumer sentiment.