Fubo Group (03738) rose more than 6%, reaching a new high of HK$3.79 since March last year. As of press release, it rose 6.46% to HK$3.79, with a turnover of HK$67.1957 million.
The Zhitong Finance App learned that Fubo Group (03738) rose by more than 6%, reaching a new high of HK$3.79 since March last year. As of press release, it rose 6.46% to HK$3.79, with a turnover of HK$67.1957 million.
According to the news, Fubo Group recently announced that in the three months ending September 30, 2024, the Group's total revenue increased by about 29% year on year; revenue from mainland China business increased by about 27% year on year in RMB; and monthly continuous revenue (MRR) increased by about 32% year on year. Shanxi Securities said earlier that with the intensive introduction of policies related to data elements, the process of marketization of data elements is expected to accelerate.
Guosheng Securities pointed out that in the first half of the year, Fubo Group's subscription business service capabilities expanded to more copyright categories, and the number of customers continued to grow, and the content library penetration rate increased steadily to achieve service coverage for all categories of copyrighted content; value-added business grew rapidly and social media monetization capabilities expanded; service content went overseas, and brand influence in the Chinese market increased; the number of customers in the US market continued to expand, and cooperation with music brand customers continued to expand.