QTT: Working On User Expansion and Retention By Improving Content Development
QTT will report 2Q19 results on September4th after the markets close followed by a 9pm EST conference call. Based on our data and model, we believe the company’s 2Q19 revenue is likely to be within its guidance range of RMB1,380M - RMB1,420M. However, its new APP, Midu, is under the government’s regulation control and its commercialization is impacted during 3Q19.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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