HK Stock Market Move | MOBVISTA (01860) rises over 6% AppLovin's third-quarter performance exceeds expectations Company's intelligent bidding products drive rapid growth.
Huilang Technology (01860) rose by more than 6%, with a 6.02% increase as of the time of writing, reaching 18.66 Hong Kong dollars, with a trading volume of 161 million Hong Kong dollars.
MOBVISTA (01860) rose over 6%, as of the time of writing, up 6.02% to HKD 18.66, with a total turnover of 161 million Hong Kong dollars.
In terms of news, digital advertising technology company AppLovin's financial performance for the third quarter of 2025 and outlook for the fourth quarter exceeded expectations. The financial report shows that AppLovin's third-quarter revenue reached 1.41 billion US dollars, a year-on-year increase of 68.9%, with a net profit of 835.5 million US dollars, surpassing the previous expectation of 826.5 million US dollars. It is reported that both Applovin and MOBVISTA focus on programmatic advertising business, achieving automated matching and precise delivery of advertising resources through algorithms and big data technology.
In the first half of this year, MOBVISTA achieved revenue of 938 million US dollars, a significant year-on-year increase of 47%; adjusted EBITDA reached 88.681 million US dollars, a year-on-year increase of 41%. The advertising platform Mintegral generated revenue of 897 million US dollars, a year-on-year increase of 49%, with gaming category revenue of 662 million US dollars, a year-on-year increase of 51.7%, and non-gaming category revenue of 236 million US dollars, a year-on-year increase of 40.6%. Sealand pointed out that the company is a leading global programmatic advertising platform, utilizing intelligent bidding strategies to capture incremental budgets from mid-to-heavy gaming and non-gaming advertisers, with growth potential expected to continue to expand.
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