Hello Group Inc. Announces Effectiveness of Name Change

Rhea-AI Summary

Hello Group Inc. (NASDAQ: MOMO) announced a corporate name change from Momo Inc. to Hello Group Inc., effective August 2, 2021. The company's American depositary shares, each representing two Class A ordinary shares, will begin trading under the new name on the same day. Hello Group is a significant player in China’s online social and entertainment sector, operating platforms such as Momo and Tantan, which facilitate social interactions and dating.

Positive

• Name change to Hello Group Inc. aligns with broader company strategy.
• Continued operation of popular platforms like Momo and Tantan supports user engagement.

Negative

• None.

BEIJING, Aug. 2, 2021 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading mobile social and entertainment platform in China, today announced that it has changed its name from "Momo Inc." to "Hello Group Inc.," effective August 2, 2021. The American depositary shares of the Company, each representing two Class A ordinary shares, par value US$0.0001 per share, will begin trading under the new corporate name on August 2, 2021.

About Hello Group Inc.

We are a leading player in China's online social and entertainment space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which was added into our family of applications through acquisition in May 2018, is a leading social and dating application. It is designed to help its users find and establish romantic connections as well as meet interesting people. We also operate a number of other applications to serve different social and entertainment demands from our users.

For investor and media inquiries, please contact:

Hello Group Inc.

Investor Relations
Phone: +86-10-5731-0538
Email: ir@immomo.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: eyuan@christensenir.com  

In the US

Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com

View original content:https://www.prnewswire.com/news-releases/hello-group-inc-announces-effectiveness-of-name-change-301345874.html

SOURCE Momo Inc.

FAQ

What is the new name of MOMO?

MOMO has changed its name to Hello Group Inc. as of August 2, 2021.

When did the name change for MOMO take effect?

The name change for MOMO to Hello Group Inc. took effect on August 2, 2021.

What platforms does Hello Group operate?

Hello Group operates platforms like Momo and Tantan, focusing on social interactions and dating.

Will the trading symbol for MOMO change after the name change?

No, the trading symbol MOMO remains the same after the name change.