Aug 16, 2022 08:37 PM (GMT+8) · EqualOcean
Weimob (Chinese: 微盟, 02013:HK) disclosed its financial results for the first half of 2022. The company achieved total revenue of CNY 900 million (USD 114.8 million) in the first half of the year and gross profit reached CNY 598 million. Among them, the SaaS business revenue reached CNY 581 million, up 5.7% year-on-year, and the number of paid merchants grew 1.7%. Weimob is continuously increasing its investment in the field of live and short videos and became the official operating service provider of WeChat video in the first half of this year.