iHuman Inc. Faces Mixed Q2 2024 Financial Results

iHuman (IH) has released an update.

iHuman Inc., a key player in China’s tech-driven educational products, reported a decline in revenue and profits in Q2 2024 compared to the previous year, despite a significant user growth. The company saw revenues drop to RMB 215.1 million, while net income fell to RMB 24.7 million, alongside a 20.8% increase in monthly active users. Amidst these financial results, iHuman continues to innovate, launching new products like the iHuman Pinyin Reader and expanding globally with themes that captivate young audiences and collaborations aimed at integrating their apps into smart devices.

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