Lizhi Inc. operates an online user-generated content audio community, interactive audio entertainment platform, and online audio platform in China and the United States. It provides podcasts, live streaming, and audio entertainment products. The company also offers Lizhi app that allows users to record and share their voices on mobile devices; Tiya App, an audio-based social networking product; and LIZHI Podcast, a podcast app to provide curated podcast content. The company has collaboration agreements with Xpeng Motors, GAC AION New Energy Automobile, and GAC Motor, as well as with BYD DiLink and Huawei Mobile Services. Lizhi Inc. was incorporated in 2010 and is headquartered in Guangzhou, the People's Republic of China.
IPO Year: 2020
Exchange: NASDAQ
Website: lizhiinc.com
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SINGAPORE, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Sound Group Inc. ("Sound Group" or the "Company") (NASDAQ:SOGP), a global audio-centric social and entertainment company, today issued a letter to shareholders from its founder and Chief Executive Officer, Mr. Marco Lai. Dear Shareholders, In the blink of an eye, the Company is already celebrating the fourth anniversary of its listing. Despite persistent external challenges in 2023, we remain firmly committed to the Company's long-term trajectory. Over the past year, we have orchestrated a number of positive transformational initiatives across the Company, and have fully devoted ourselves to elevating operating efficiency and agility, driving
SINGAPORE, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Sound Group Inc. ("Sound Group" or the "Company") (NASDAQ:SOGP), a global audio-centric social and entertainment company, today announced that its American depositary shares, each representing two hundred (200) Class A ordinary shares, par value US$0.0001 per share (the "ADSs"), will commence trading on Nasdaq under the new name "Sound Group Inc." at the market opening on January 26, 2024. As previously announced, a special resolution to approve its name change from "LIZHI INC." to "Sound Group Inc." was adopted at an Extraordinary General Meeting of Shareholders, held by the Company on January 25, 2024, in Singapore. Trading of the ADSs under
SINGAPORE, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Sound Group Inc., formerly known as LIZHI INC. ("Sound Group" or the "Company"), a global audio-centric social and entertainment company, today announced the results of its Extraordinary General Meeting of Shareholders held on January 25, 2024, in Singapore, where it adopted a special resolution to approve its name change from "LIZHI INC." to "Sound Group Inc.". As previously announced, the Company will also change the ticker symbol of its American depositary shares listed on the Nasdaq Capital Market from "LIZI" to "SOGP." The American depositary shares of the Company, each representing two hundred (200) Class A ordinary shares, par value US$0
GUANGZHOU, China, Jan. 11, 2024 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will change the ticker symbol of its American depositary shares listed on the Nasdaq Capital Market from "LIZI" to "SOGP." Trading under the new ticker symbol is expected to begin at the market opening on January 25, 2024. No action by the Company's shareholders is required with respect to the proposed ticker symbol change, and such change will not affect any rights of shareholders or the Company's operations and financial position. About LIZHI INC. LIZHI INC. has created a comprehensive audio-based socia
GUANGZHOU, China, Dec. 14, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 60 Anson Road, Mapletree Anson, #09-01/02, Singapore 079914, at 2:00 pm (Singapore time) on January 25, 2024. The purpose of the EGM is for the Company's shareholders to consider and, if thought fit, approve the change of the Company's legal name from "LIZHI INC." to "Sound Group Inc." The proposed name change will not affect shareholders' rights, the Company's operations, or its financial position. The board of directors of the Company ha
GUANGZHOU, China, Dec. 13, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that its board of directors (the "Board") has approved a share repurchase program whereby LIZHI is authorized to repurchase its Class A ordinary shares (including Class A ordinary shares in the form of American depositary shares) with an aggregate value of up to $3 million over the next 12-month period, starting from today. Mr. Jinnan (Marco) Lai, founder, CEO and Chairman of the Board of LIZHI, said, "The share repurchase program reaffirms our confidence in the long-term growth prospects of all of LIZHI's busi
SINGAPORE, Dec. 07, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment company, has announced that one of its subsidiaries based in Singapore has achieved dual accreditation for ISO/IEC 27001 Information Security Management System (ISMS) and ISO/IEC 27701 Privacy Information Management System (PIMS). This accomplishment was recognized by both the National Accreditation Board (ANAB), the largest accreditation body in North America, and the Singapore Accreditation Council (SAC). The ISO/IEC 27001 and ISO/IEC 27701 certifications demonstrate that the subsidiary's established data compliance management system has successfully
GUANGZHOU, China, Nov. 29, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Highlights Net revenues were RMB425.1 million (US$58.3 million) in the third quarter of 2023, compared with RMB565.2 million in the third quarter of 2022.Average total mobile MAUs1 in the third quarter of 2023 was 42.1 million, compared with 49.7 million in the third quarter of 2022.Average total monthly paying users2 in the third quarter of 2023 was 402.6 thousand, compared with 4
GUANGZHOU, China, Nov. 21, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will report its third quarter 2023 unaudited financial results on Wednesday, November 29, 2023, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:00 p.m. U.S. Eastern Time on November 29, 2023 (9:00 a.m. Beijing/Hong Kong Time on November 30, 2023). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receiv
GUANGZHOU, China, Oct. 26, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment company, has once again been named one of "China's Top 100 Internet Companies" by the Internet Society of China ("ISC"). The annual "China's Top 100 Internet Companies" list was unveiled earlier today at the "2023 China Internet Enterprise Comprehensive Competitiveness Index Press Conference and Hundred Enterprises Forum" jointly hosted by the ISC and the Xiamen Municipal Government. This marks the fifth consecutive year that LIZHI has received the accolade and gained recognition from both the ISC and the industry. Since 2013, the ISC has been d
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BEIJING, Aug. 30, 2021 /PRNewswire/ -- Missfresh (NASDAQ:MF) ("Missfresh" or the "Company"), an innovative leader in China's neighborhood retail industry, announced on August 26th at 6:00 pm ET its financial results for the quarter ended June 30, 2021. Missfresh saw strong growth in the second quarter of 2021: Total net revenues reached RMB1,894.5 million (US$293.4 million) for the second quarter of 2021, representing a 40.7% year-on-year increase;Total GMV reached RMB2,313.7 million (US$358.3 million) for the second quarter of 2021, representing a 35.4% year-on-year increase;Total number of orders fulfilled reached 23.8 million for the second quarter of 2021, representing a 32.2% year-on-y
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GUANGZHOU, China, Nov. 29, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operational Highlights Net revenues were RMB425.1 million (US$58.3 million) in the third quarter of 2023, compared with RMB565.2 million in the third quarter of 2022.Average total mobile MAUs1 in the third quarter of 2023 was 42.1 million, compared with 49.7 million in the third quarter of 2022.Average total monthly paying users2 in the third quarter of 2023 was 402.6 thousand, compared with 4
GUANGZHOU, China, Nov. 21, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will report its third quarter 2023 unaudited financial results on Wednesday, November 29, 2023, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:00 p.m. U.S. Eastern Time on November 29, 2023 (9:00 a.m. Beijing/Hong Kong Time on November 30, 2023). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receiv
GUANGZHOU, China, Aug. 29, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operational Highlights Net revenues were RMB592.9 million (US$81.8 million) in the second quarter of 2023, representing a 15% increase from RMB515.7 million in the second quarter of 2022.Average total mobile MAUs1 in the second quarter of 2023 was 45.6 million, compared with 49.7 million in the second quarter of 2022.Average total monthly paying users2 in the second quarter of
GUANGZHOU, China, Aug. 14, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will report its second quarter 2023 unaudited financial results on Tuesday, August 29, 2023, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 p.m. U.S. Eastern Time on August 29, 2023 (9:00 a.m. Beijing/Hong Kong Time on August 30, 2023). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receive details for t
GUANGZHOU, China, May 25, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Financial and Operational Highlights Net revenues were RMB631.0 million (US$91.9 million) in the first quarter of 2023, representing a 22% increase from RMB516.7 million in the first quarter of 2022.Average total mobile MAUs1 in the first quarter of 2023 was 49.6 million, compared to 51.5 million in the first quarter of 2022.Average total monthly paying users2 in the first quarter of 2023 was 471.5 thousand, compared to
GUANGZHOU, China, May 10, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will report its first quarter 2023 unaudited financial results on Thursday, May 25, 2023, before the open of U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on May 25, 2023 (7:00 PM Beijing/Hong Kong Time on May 25, 2023). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receive details for the conference
GUANGZHOU, China, March 16, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter 2022 Financial and Operational Highlights Net revenues were RMB587.6 million (US$85.2 million) in the fourth quarter of 2022, representing a 5% increase from RMB560.3 million in the fourth quarter of 2021.Average total mobile MAUs1 in the fourth quarter of 2022 was 50.8 million, compared to 54.1 million in the fourth quarter of 2021.Average total monthly paying users2 in the fourth quarter of 2022
GUANGZHOU, China, March 06, 2023 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will report its fourth quarter and fiscal year 2022 unaudited financial results on Thursday, March 16, 2023, before the open of U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on March 16, 2023 (7:00 PM Beijing/Hong Kong Time on March 16, 2023). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receive de
GUANGZHOU, China, Nov. 08, 2022 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced that it will report its third quarter 2022 unaudited financial results on Wednesday, November 16, 2022, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on November 16, 2022 (9:00 PM Beijing/Hong Kong Time on November 16, 2022). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receiv
GUANGZHOU, China, Aug. 18, 2022 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial and Operational Highlights Net revenues were RMB515.7 million (US$77.0 million) in the second quarter of 2022, compared to RMB559.3 million in the second quarter of 2021.Average total mobile MAUs1 in the second quarter of 2022 was 49.7 million, compared to 60.9 million in the second quarter of 2021, primarily due to reduced advertisement spending on users with lower commercialization capability.Average total
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