Newborn Town Inc. (HK:9911) has released an update.
Newborn Town Inc. reports strong growth in the first half of 2024, with a 5.9% increase in social networking downloads and a significant 65.3% to 67.7% revenue boost year-on-year. The company’s innovative business also performed well, marking a 46.6% to 61.8% revenue increase, driven by the success of its casual game business and a new social e-commerce venture. These unaudited figures highlight the company’s aggressive expansion and diversification in the digital space.
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