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Consolidated Balance Sheets (Parenthetical) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 CNY (¥) shares	Dec. 31, 2022 $ / shares
Allowance for doubtful accounts		¥ 12,780	¥ 5,870
Accounts payable of consolidated VIE without recourse	$ 86,857	616,681	617,022
Deferred revenue of consolidated VIE without recourse	62,368	442,805	484,775
Accrued expenses and other current liabilities of consolidated VIE without recourse	88,821	630,617	797,504
Amount due to related parties of the consolidated VIE without recourse the Company		4,314	9,178
Operating lease liability current	8,452	60,008	88,352
Income tax payable of the consolidated VIE without recourse	13,341	94,719	68,765
Deferred consideration in connection with business acquisitions of the consolidated VIEs without recourse	3,840	27,261	26,483
Convertible senior notes-current	0	0	2,646,168
Related Party [Member]
Amount due to related parties of the consolidated VIE without recourse the Company	$ 608	4,314	9,178
Beijing Momo Technology Co., Ltd. [Member]
Accounts payable of consolidated VIE without recourse		521,303	509,042
Deferred revenue of consolidated VIE without recourse		428,547	469,076
Accrued expenses and other current liabilities of consolidated VIE without recourse		293,194	381,220
Amount due to related parties of the consolidated VIE without recourse the Company		355,822	451,793
Operating lease liability current		25,031	23,558
Income tax payable of the consolidated VIE without recourse		33,283	37,837
Deferred consideration in connection with business acquisitions of the consolidated VIEs without recourse		0	0
Convertible senior notes-current		0	0
Long-term borrowings, current portion (including long-term borrowings, current portion of the consolidated VIEs without recourse to the Company of RMB nil and RMB nil as of December 31, 2022 and 2023, respectively)
Beijing Momo Technology Co., Ltd. [Member] \| Related Party [Member]
Amount due to related parties of the consolidated VIE without recourse the Company		¥ 4,314	¥ 9,178
Class A Common Stock [Member]
Ordinary shares, par value \| $ / shares	$ 0.0001			$ 0.0001
Ordinary shares, shares authorized \| shares	800,000,000	800,000,000	800,000,000
Ordinary shares, shares issued \| shares	355,359,232	355,359,232	348,891,334
Ordinary shares, shares outstanding \| shares	294,720,726	294,720,726	296,606,870
Class B Common Stock [Member]
Ordinary shares, par value \| $ / shares	$ 0.0001			$ 0.0001
Ordinary shares, shares authorized \| shares	100,000,000	100,000,000	100,000,000
Ordinary shares, shares issued \| shares	80,364,466	80,364,466	80,364,466
Ordinary shares, shares outstanding \| shares	80,364,466	80,364,466	80,364,466

Property and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

6.	PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:


	As of December 31,
	2022			2023
	RMB			RMB
Computer equipment		792,586			781,377
Office equipment		197,160			184,228
Vehicles		4,171			3,584
Construction in progress		—			547,384
Leasehold improvement		135,757			135,977
Less: accumulated depreciation		(956,884	)		(993,401	)
Exchange difference		194			(116	)

		172,984			659,033

Depreciation expenses charged to the consolidated statements of operations for the years ended December 31, 2021, 2022 and 2023 were RMB155,537, RMB107,015 and RMB74,492, respectively. As of December 31, 2023, constructions in progress in the amount of RMB547,384 were primarily relating to the construction of office buildings.

Short-Term Investments - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Short-Term Investments [Abstract]
Gain from changes in fair value	¥ 8,310	¥ 240

Borrowings

12 Months Ended

Dec. 31, 2023

Long-Term Debt, by Type Alternative [Abstract]

Borrowings

11.	BORROWINGS

Borrowings were as follows as of the respective balance sheet dates:


	As of December 31,
	2022		2023
	RMB		RMB
Long-term secured bank borrowings, current portion		—		215,615
Long-term secured bank borrowings, non-current portion		—		1,938,385

Total		—		2,154,000

The long-term borrowings (including current portion) outstanding as of December 31, 2023 bore an interest rate of 3.8% per annum, and were denominated in RMB. These borrowings were obtained from financial institutions located in the PRC and secured by the Group’s long-term deposits of RMB2,567,100.

As of December 31, 2023, the long-term borrowings, including the portion due within one year which were recorded in “Long-term borrowings, current portion”, will be repaid according to the following schedule:


	Amounts
	RMB
2024		215,615
2025		1,938,385

Total		2,154,000

Property and Equipment, Net - Schedule of Property and Equipment, Net (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Property, Plant and Equipment [Line Items]
Construction in Progress, Gross		¥ 547,384	¥ 0
Less: accumulated depreciation		(993,401)	(956,884)
Exchange difference		(116)	194
Total	$ 92,823	659,033	172,984
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross		781,377	792,586
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross		184,228	197,160
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross		3,584	4,171
Leasehold Improvement [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross		¥ 135,977	¥ 135,757

Significant Accounting Policies - Schedule of Estimated Useful Lives of Intangible Assets (Detail)	Dec. 31, 2023
Technology [Member]
Finite-Lived Intangible Liabilities [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years
Active user [Member]
Finite-Lived Intangible Liabilities [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Trade Names [Member]
Finite-Lived Intangible Liabilities [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years
Minimum [Member] \| Licenses [Member]
Finite-Lived Intangible Liabilities [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years 2 months 12 days
Maximum [Member] \| Licenses [Member]
Finite-Lived Intangible Liabilities [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years

Prepaid Expenses and Other Current Assets - Schedule of Prepaid Expenses and Other Current Assets (Detail)
¥ in Thousands, $ in Thousands

Dec. 31, 2023

USD ($)

Dec. 31, 2023

CNY (¥)

Dec. 31, 2022

CNY (¥)

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deposits with third-party payment channels

^[1]

¥ 245,052

¥ 242,863

Interest receivable

233,280

346,994

Input VAT

^[2]

94,063

58,058

Advance to suppliers

^[3]

78,118

81,821

Deferred platform commission cost

30,539

32,004

Prepaid service fee and issuance fee

17,004

26,172

Others

25,308

31,794

Prepaid expenses and other current assets

$ 101,884

¥ 723,364

¥ 819,706

[1]	Deposits with third-party payment channels are mainly the cash deposited in certain third-party payment channels by the Group for the broadcasters and the gift recipients who received the virtual items in the value-added service to withdraw their revenue sharing and the customer payment to the Group’s account through the third-party payment channels.
[2]	Input VAT mainly occurred from the purchasing of goods or other services, property and equipment and advertising activities. It is subject to verification by related tax authorities before offsetting the VAT output.
[3]	Advance to suppliers were primarily for advertising fees and related service fees.

Intangible Assets, Net - Schedule of Intangible Assets (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Liabilities [Line Items]
Less: accumulated amortization	¥ (531,416)	¥ (526,300)
Less: accumulated impairment loss	(538,109)	(538,109)
Exchange difference	(82,456)	(50,540)
Net book value	17,086	22,203
Trade Names [Member]
Finite-Lived Intangible Liabilities [Line Items]
Intangible assets, gross	709,591	689,333
Active User [Member]
Finite-Lived Intangible Liabilities [Line Items]
Intangible assets, gross	379,387	368,555
Technology [Member]
Finite-Lived Intangible Liabilities [Line Items]
Intangible assets, gross	28,911	28,086
Licenses [Member]
Finite-Lived Intangible Liabilities [Line Items]
Intangible assets, gross	¥ 51,178	¥ 51,178

Segment Information

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Segment Information

20.	SEGMENT INFORMATION

The Group’s chief operating decision maker has been identified as the Chief Executive Officer (“CEO”) who reviews financial information of operating segments based on US GAAP amounts when making decisions about allocating resources and assessing performance of the Group.

During the years ended December 31, 2021, 2022 and 2023, the Group determined that it operated in three

operating segments namely Momo, Tantan and QOOL given that the related financial information is separately reviewed by the Group’s CEO. Momo’s services mostly include live video services, value-added services, mobile marketing services and mobile games derived from the Momo’s platform and other applications. Tantan’s services mainly include value-added services and live video services provided on Tantan’s platform. QOOL services mainly include advertisement services generated from the Group’s broadcasting of content television.

The Group primarily operates in the PRC and substantially all of the Group’s long-lived assets are located in the PRC.

The Group’s chief operating decision maker evaluates performance based on each reporting segment’s net revenue, operating cost and expenses, operating income and net income. Net revenues, operating cost and expenses, operating income, and net income by segment for the years ended December 31, 2021, 2022 and 2023 were as follows:


	For the year ended December 31, 2021

	Momo			Tantan			QOOL			Unallocated			Consolidated
	RMB			RMB			RMB			RMB			RMB
Net revenues:		12,541,205			2,029,184			5,330			—			14,575,719
Cost and expenses:											—
Cost of revenues		(7,301,048	)		(1,044,852	)		(37,531	)		—			(8,383,431	)
Research and development		(828,688	)		(303,093	)		—			—			(1,131,781	)
Sales and marketing		(1,420,130	)		(1,180,146	)		(4,033	)		—			(2,604,309	)
General and administrative		(619,922	)		18,401			(23,179	)		—			(624,700	)
Impairment loss on goodwill and intangible assets		—			—			—			(4,397,012	)		(4,397,012	)
Total cost and expenses		(10,169,788	)		(2,509,690	)		(64,743	)		(4,397,012	)		(17,141,233	)
Other operating income		138,884			37,029			34			—			175,947
Income (loss) from operations		2,510,301			(443,477	)		(59,379	)		(4,397,012	)		(2,389,567	)
Interest income		383,028			1,091			160			—			384,279
Interest expense		(73,776	)		—			—			—			(73,776	)
Other gain or loss, net		(16,000	)		—			—			—			(16,000	)
Income tax (expenses) benefits		(844,987	)		22,431			—			—			(822,556	)
Share of loss on equity method investments		(8,084	)		—			—			—			(8,084	)

Net income (loss)		1,950,482			(419,955	)		(59,219	)		(4,397,012	)		(2,925,704	)

The impairment loss was presented as an unallocated item in the segment information because the CEO does not consider this as part of the segment operating performance measure.


	For the year ended December 31, 2022

	Momo			Tantan			QOOL			Consolidated
	RMB			RMB			RMB			RMB
Net revenues:		11,335,094			1,367,853			1,225			12,704,172
Cost and expenses:
Cost of revenues		(6,704,020	)		(714,936	)		(2,463	)		(7,421,419	)
Research and development		(737,380	)		(268,839	)		—			(1,006,219	)
Sales and marketing		(1,346,692	)		(721,889	)		(5,036	)		(2,073,617	)
General and administrative		(547,798	)		(33,234	)		(14,974	)		(596,006	)
Total cost and expenses		(9,335,890	)		(1,738,898	)		(22,473	)		(11,097,261	)
Other operating income		8,753			11,830			49			20,632
Income (loss) from operations		2,007,957			(359,215	)		(21,199	)		1,627,543
Interest income		368,051			544			284			368,879
Interest expense		(83,530	)		—			—			(83,530	)
Other gain or loss, net		118,325			—			—			118,325
Income tax (expenses) benefits		(586,663	)		24,382			—			(562,281	)
Share of income on equity method investments		11,073			—			—			11,073

Net income (loss)		1,835,213			(334,289	)		(20,915	)		1,480,009


	For the year ended December 31, 2023

	Momo			Tantan			QOOL			Consolidated
	RMB			RMB			RMB			RMB
Net revenues:		10,798,507			1,196,559			7,257			12,002,323
Cost and expenses:
Cost of revenues		(6,404,042	)		(599,348	)		(22,004	)		(7,025,394	)
Research and development		(664,340	)		(220,250	)		—			(884,590	)
Sales and marketing		(1,138,505	)		(268,652	)		(7,792	)		(1,414,949	)
General and administrative		(467,537	)		(26,482	)		(8,460	)		(502,479	)
Total cost and expenses		(8,674,424	)		(1,114,732	)		(38,256	)		(9,827,412	)
Other operating income		125,318			4,411			376			130,105
Income (loss) from operations		2,249,401			86,238			(30,623	)		2,305,016
Interest income		435,451			713			89			436,253
Interest expense		(62,223	)		—			—			(62,223	)
Other gain or loss, net		(26,685	)		—			—			(26,685	)
Income tax expenses		(623,844	)		(6,179	)		—			(630,023	)
Share of loss on equity method investments		(70,643	)		—			—			(70,643	)

Net income (loss)		1,901,457			80,772			(30,534	)		1,951,695

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-15

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-42

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-40

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//280/tableOfContent

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-26

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-34

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-21

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-21

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-32

+ Details

Long-Term Investments - Summary of Equity and Cost Method Investments (Detail)
¥ in Thousands, $ in Thousands

Dec. 31, 2023

USD ($)

Dec. 31, 2023

CNY (¥)

Dec. 31, 2022

CNY (¥)

Investments [Line Items]

Fair value option investment

^[1]

¥ 104,335

¥ 143,540

Long term Investments

$ 110,834

786,911

893,988

58 Daojia Ltd [Member]

Investments [Line Items]

Equity securities

^[2]

300,000

Hangzhou Faceunity Technology Limited [Member]

Investments [Line Items]

Equity securities

^[2]

70,000

Hunan Qindao Cultural Spread Ltd. [Member]

Investments [Line Items]

Equity securities

^[2]

30,000

Haining Yijiayi Culture Co Ltd [Member]

Investments [Line Items]

Equity securities

^[2]

25,000

Shenzhen INMO Technology Co Ltd [Member]

Investments [Line Items]

Equity securities

^[2]

55,343

Other Equity Securities [Member]

Investments [Line Items]

Equity securities

^[2],[3]

34,625

65,875

Jingwei Chuangteng (Hangzhou) L.P. [Member]

Investments [Line Items]

Equity method investments

^[4]

48,687

73,632

Hangzhou Aqua Ventures Investment Management L.P. [Member]

Investments [Line Items]

Equity method investments

^[5]

47,168

48,328

Chengdu Tianfu Qianshi Equity Lp Investment [Member]

Investments [Line Items]

Equity method investments

^[6]

34,082

36,961

Other Equity Method Investments [Member]

Investments [Line Items]

Equity method investments

^[3]

¥ 62,671

¥ 45,309

[1]	In October 2021, the Group completed an investment in an open mutual fund named “AEZ Capital Feeder Fund” (“AEZ”), which is redeemable on a quarterly basis. The Group, as a limited partner, subscribed Class A participating shares with capital contribution of RMB114,707. The Group has significant influence on AEZ and elected the fair value option to account for this investment using the NAV practical expedient whereby the change in fair value of RMB19,010 and RMB (43,854) was recognized during the year ended December 31, 2022 and 2023.
[2]	The Group invested in certain preferred shares of private companies. On April 9, 2021, the Group entered into a preferred share subscription agreement with 58 Daojia Ltd. for a consideration of RMB300 million. The transaction was completed in April 2021. On March 31, 2022, the Group entered into a share purchase agreement with Shenzhen INMO Technology Co., Ltd for a consideration of RMB55,343. The transaction was completed in April 2022. As the investments were neither debt security nor in-substance common stock, they were accounted as equity securities without readily determinable fair values and measured at fair value using the measurement alternative. There has been no orderly transactions for the identical or a similar investment of the same issuer noted during the years ended December 31, 2022, and 2023. In October 2023, the Group disposed the preferred share of Haining Yijiayi Culture Co., Ltd. for cash consideration of RMB25,000.
[3]	Others represent equity method investments or equity securities without readily determinable fair values that are individually insignificant.
[4]	On January 9, 2015, the Group entered into a partnership agreement to subscribe partnership interest, as a limited partner, in Jingwei Chuangteng (Hangzhou) L.P. (“Jingwei”). According to the partnership agreement, the Group committed to subscribe 4.9% partnership interest in Jingwei for RMB30,000. Due to Jingwei’s further rounds of financing, the Group’s partnership interest was diluted to 2.4% as of December 31, 2022 and 2023. The Group recognized its share of partnership profit or (loss) in Jingwei of RMB (5,147), RMB397 and RMB (24,227) during the years ended December 31, 2021, 2022 and 2023, respectively. The Group received distribution from Jingwei of RMB718 during the year ended December 31, 2023.
[5]	On August 18, 2015, the Group entered into a partnership agreement to subscribe partnership interest, as a limited partner, in Hangzhou Aqua Ventures Investment Management L.P. (“Aqua”). According to the partnership agreement, the Group committed to subscribe 42.7% partnership interest for RMB50,000. The Group recognized its share of partnership profit or (loss) in Aqua of RMB (11,013), RMB (3,752) and RMB356 for the years ended December 31, 2021, 2022 and 2023, respectively.
[6]	On September 12, 2018, the Group entered into a partnership agreement to subscribe partnership interest, as a limited partner, in Chengdu Tianfu Qianshi Equity Investment Partnership L.P. (“Tianfu”). According to the partnership agreement, the Group committed to subscribe 5.1% partnership interest for RMB30,000. The Group recognized its share of partnership profit or (loss) in Tianfu of RMB2,453, RMB286 and RMB (1,531) during the years ended December 31, 2021, 2022 and 2023, respectively. [The Group received distribution from Tianfu of RMB2,480 and RMB1,349 during the year ended December 31, 2022 and 2023, respectively.]

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

Estimated Useful Lives

Depreciation is calculated on a straight-line basis over the following estimated useful lives:


Office equipment			3-5 years
Computer equipment			3 years
Vehicles			5 years
Leasehold improvement			Shorter of the lease term or estimated useful lives

Identifiable Intangible Assets Amortized over their estimated useful lives using the straight line method

Separately identifiable intangible assets that have determinable lives continue to be amortized over their estimated useful lives using the straight-line method as follows:


License			3.2-10 years
Technology			3 years
Active user			5 years
Trade name			10 years

Components of Revenues

The following table provides information about disaggregated revenue by types, including a reconciliation of the disaggregated revenue with the Group’s reportable segments:


	For the year ended December 31, 2023

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		5,567,894		504,977		—
Value-added services		5,085,541		667,030		—
Mobile marketing		109,125		24,552		—
Mobile games		19,610		—		—
Other services		16,337		—		7,257

Total		10,798,507		1,196,559		7,257


	For the year ended December 31, 2022

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		5,966,323		544,137		—
Value-added services		5,183,302		823,716		—
Mobile marketing		124,956		—		—
Mobile games		55,732		—		—
Other services		4,781		—		1,225

Total		11,335,094		1,367,853		1,225


	For the year ended December 31, 2021

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		7,475,809		903,136		—
Value-added services		4,845,744		1,126,048		—
Mobile marketing		159,010		—		—
Mobile games		47,712		—		—
Other services		12,930		—		5,330

Total		12,541,205		2,029,184		5,330

Accounts Receivable [Member]

Schedules of Concentration of Risk, by Risk Factor

Third-party application stores and other payment channels accounting for 10% or more of accounts receivables are as follows:


	As of December 31,

	2022			2023
A		18	%		22	%
B		15	%		N/A

Users or customers accounting for 10% or more of accounts receivables is as follows:


	As of December 31,

	2022			2023
C		12	%		N/A

Statutory Reserves and Restricted Net Assets - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Regulated Operations [Abstract]
Appropriation Of After Tax Profit To Statutory Surplus Fund Required Minimum Percentage	10.00%
General reserve as a percentage of registered capital up to which after-tax profit shall be transferred	50.00%
Appropriations to statutory reserves	¥ 0	¥ 517	¥ 679
Total of restricted net assets of the Group's PRC subsidiaries, VIEs and VIEs' subsidiaries	¥ 1,509,111	¥ 1,509,111	¥ 1,508,594

Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2023

Basis of presentation

The consolidated financial statements of the Group have been prepared in accordance with the accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Basis of consolidation

The consolidated financial statements of the Group include the financial statements of Hello Group Inc., its subsidiaries, consolidated VIEs and VIEs’ subsidiaries. All inter-company transactions and balances have been eliminated upon consolidation.

Use of estimates

The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and revenues, cost and expenses in the financial statements and accompanying notes. Significant accounting estimates reflected in the Group’s consolidated financial statements include the useful lives and impairment of property and equipment and intangible assets, the impairment of long-term investments, the valuation allowance for deferred tax assets, and share-based compensation.

Cash and cash equivalents

Cash and cash equivalents consist of cash on hand and highly liquid investments, which are unrestricted from withdrawal or use, or which have original maturities of three months or less when purchased.

Short-term restricted cash

Short-term restricted cash represents RMB deposits in restricted bank accounts that cannot be withdrawn related to ongoing investigations of the alleged illegal activities on the source of the funding consumed on Momo’s platform. The Company considers the expected timing of the release of the restrictions to determine the appropriate financial statement classification.

Short-term deposits

Short-term deposits consist of bank deposits with an original maturity of over three months but within one year.

Short-term investments

Short-term investments include wealth management products with a variable interest rate indexed to performance of underlying assets, which are with an original maturity of less than 12 months. The Group elects the fair value option to record the investments at fair value in accordance with ASC 825 Financial Instruments. Changes in the fair value are recorded under “interest income” in the consolidated statements of operations.

Long-term restricted cash

Long-term restricted cash mainly represents long-term deposits held in designated bank accounts pledged for long-term borrowings, and US dollar deposits held in escrow account related to payable to Tantan’s founders in accordance with its share options repurchase agreement. The Company considers the expected timing of the release of the restrictions is more than one year.

Long-term deposits

Long-term deposits represent time deposits placed in banks with original maturities of more than one year. Interest earned is recorded as interest income in the consolidated statements of operations during the periods presented.

Accounts receivable

Accounts receivable primarily represents the cash due from third-party application stores and other payment channels and advertising customers, net of allowance for doubtful accounts. The Group evaluates its accounts receivable for expected credit losses on a regular basis. The Group maintains an estimated allowance for credit losses based upon its assessment of various factors, including the historical loss experience, the age of accounts receivable balances, credit quality of third-party application stores and other payment channels, advertising customers and other customers, current and future economic conditions and other factors that may affect their ability to pay, to reduce its accounts receivable to the amount that it believes will be collected.

Financial instruments

Financial instruments of the Group primarily consist of cash and cash equivalents, short-term deposits, short-term investments, restricted cash, long-term deposits, accounts receivable, amount due from related parties, equity securities without readily determinable fair value, fair value option investment, accounts payable, deferred revenue, convertible senior notes, borrowings, income tax payable and amount due to related parties.

The Group carries its fair value option investment at fair value. Cash and cash equivalents are recorded at fair value based on the quoted market price in an active market. The carrying values of restricted cash, accounts receivable, amount due from related parties, accounts payable, deferred revenue, income tax payable and amount due to related parties approximate their fair values. It is not practical to estimate the fair value of the Group’s equity securities without readily determinable fair value because of the lack of quoted market price and the inability to estimate fair value without incurring excessive costs. The fair value of the Company’s convertible senior notes, borrowings and term deposits are discussed in Note 12.

Foreign currency risk

The Renminbi (“RMB”) is not a freely convertible currency. The State Administration for Foreign Exchange, under the authority of the People’s Bank of China, controls the conversion of RMB into foreign currencies. The value of the RMB is subject to changes in central government policies and to international economic and political developments affecting supply and demand in the China Foreign Exchange Trading System market. Cash and cash equivalents, restricted cash, short-term investments and term deposits of the Group included aggregate amounts of RMB12,600 million and RMB9,564 million as of December 31, 2022 and 2023, respectively, which were denominated in RMB.

Equity securities without readily determinable fair value

The Group accounts for equity investments that do not have a readily determinable fair value under the measurement alternative in accordance with ASC Topic 321, Investments—Equity Securities, to the extent such investments are not subject to consolidation or the equity method. Under the measurement alternative, these financial instruments are carried at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for an identical or similar investment of the same issuer. If the fair value is less than the investment’s carrying value, the Company recognizes an impairment loss in net income equal to the difference between the carrying value and fair value.

Equity method investments

The investee companies over which the Group has the ability to exercise significant influence, but does not have a controlling interest are accounted for using the equity method. Significant influence is generally considered to exist when the Group has an ownership interest in the voting stock of the investee between 20% and 50%. Other factors, such as representation in the investee’s Board of Directors, voting rights and the impact of commercial arrangements, are also considered in determining whether the equity method of accounting is appropriate. For the investment in limited partnerships, where the Group holds less than a 20% equity or voting interest, the Group’s influence over the partnership operating and financial policies is determined to be more than minor. Accordingly, the Group accounts for these investments as equity method investments.

Under the equity method of accounting, the affiliated company’s accounts are not reflected within the Group’s consolidated balance sheets and consolidated statements of operations; however, the Group’s share of the earnings or losses of the affiliated company is reflected in the caption “share of income (loss) on equity method investments” in the consolidated statements of operations.

An impairment charge is recorded under “share of (loss) income on equity method investments” in the consolidated statements of operations if the carrying amount of the investment exceeds its fair value and this condition is determined to be other-than-temporary.

The Group estimates the fair value of the investee company based on comparable quoted price for similar investment in active market, if applicable, or discounted cash flow approach which requires significant judgments, including the estimation of future cash flows, which is dependent on internal forecasts, the estimation of long term growth rate of a company’s business, the estimation of the useful life over which cash flows will occur, and the determination of the weighted average cost of capital.

Fair value option investments

The Group elected the fair value option to account for certain partnership units investment in a private fund, and measured the investment using the net asset value per share based on the practical expedient in ASC Topic 820, Fair Value Measurements and Disclosures (“ASC 820”) (“NAV practical expedient”), whereby the change in fair value is recognized under “share of (loss) income on equity method investments” in the consolidated statements of operations.

Property and equipment, net

Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:


Office equipment			3-5 years
Computer equipment			3 years
Vehicles			5 years
Leasehold improvement			Shorter of the lease term or estimated useful lives

Direct costs that are related to the construction of property and equipment and incurred in connection with bringing the assets to their intended use are capitalized as construction in progress and are reported under property and equipment, net. Construction in progress is transferred to specific property and equipment items and the depreciation of these assets commences when the assets are ready for their intended use. As of December 31, 2022 and 2023, construction in progress in the amount of

RMB nil and RMB547,384, respectively, were primarily relating to the construction of office buildings and related premises.

Intangible assets

Intangible assets acquired through business acquisitions are recognized as assets separate from goodwill if they satisfy either the “contractual-legal” or “separability” criterion. Purchased intangible assets and intangible assets arising from acquisitions are recognized and measured at fair value upon acquisition. Separately identifiable intangible assets that have determinable lives continue to be amortized over their estimated useful lives using the straight-line method as follows:


License			3.2-10 years
Technology			3 years
Active user			5 years
Trade name			10 years

Impairment of long-lived assets with finite lives

The Group reviews its long-lived assets, including intangible assets with finite lives, for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset (asset group) may no longer be recoverable. When these events occur, the Group tests the recoverability of the asset (asset group) by comparing the carrying value of the long-lived assets (asset group) to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash flow is less than the carrying amount of the assets, the Group recognizes an impairment loss based on the fair value of the assets.

Convertible senior notes

The Group determines the appropriate accounting treatment of its convertible senior notes in accordance with the terms in relation to the conversion feature, call and put options, and beneficial conversion feature. After considering the impact of such features, the Group may account for such instrument as a liability in its entirety, or separate the instrument into debt and equity components following the respective guidance described under ASC 815 “Derivatives and Hedging” and ASC 470 “Debt”. The debt discount, if any, together with the related issuance cost are subsequently amortized as interest expense, using the effective interest method, from the issuance date to the earliest maturity date. Interest expenses are recognized in the consolidated statements of operations in the period in which they are incurred.

Long-term borrowing

Long-term

borrowing

Long-term borrowings are recognized at carrying amount. Interest expense is accrued over the estimated term of the facilities and recorded in the consolidated statements of operations and comprehensive (loss) income.

Fair value

Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Group considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability.

Authoritative literature provides a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. An asset or liability categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement as follows:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices included within Level 1 that are observable for the assets or liabilities such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Revenue recognition

The Group principally derives its revenue from live video services, value-added services, mobile marketing services, mobile games and other services. The Group recognizes revenue when control of the promised goods or services are transferred to the customers, in an amount that reflects the consideration that the Group expects to receive in exchange for those goods or services. The Group applied the five steps method outlined in ASC Topic 606, Revenue from Contracts with Customers (“Topic 606”) to all revenue streams. In addition, the standard requires disclosures of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers.

For the years ended December 31, 2021, 2022 and 2023, the Group’s revenue is reported net of discounts, value added tax and surcharges.

The following table provides information about disaggregated revenue by types, including a reconciliation of the disaggregated revenue with the Group’s reportable segments:


	For the year ended December 31, 2023

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		5,567,894		504,977		—
Value-added services		5,085,541		667,030		—
Mobile marketing		109,125		24,552		—
Mobile games		19,610		—		—
Other services		16,337		—		7,257

Total		10,798,507		1,196,559		7,257


	For the year ended December 31, 2022

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		5,966,323		544,137		—
Value-added services		5,183,302		823,716		—
Mobile marketing		124,956		—		—
Mobile games		55,732		—		—
Other services		4,781		—		1,225

Total		11,335,094		1,367,853		1,225


	For the year ended December 31, 2021

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		7,475,809		903,136		—
Value-added services		4,845,744		1,126,048		—
Mobile marketing		159,010		—		—
Mobile games		47,712		—		—
Other services		12,930		—		5,330

Total		12,541,205		2,029,184		5,330

(a)

Live video service

The Group is principally engaged in providing live video services whereby users can enjoy live performances and interact with the broadcasters for free during the performance. Broadcasters can either host the performance on their own or join a talent agency. The Group generates revenue from sales of virtual items to its customers. The Group designs, creates and offers various virtual items for sales to users with

pre-determined

stand-alone selling price, which if users chose to, can be purchased and be presented to the broadcasters to show their support during their live video performance. The Group has a recharge system for users to purchase the Group’s virtual currency that can then be used to purchase virtual items on the Group’s platform. Users can recharge via various third-party application stores and other payment channels. Virtual currency is

non-refundable

and does not have any expiration date. Based on the turnover history of virtual currency, the Group determined that the virtual currency is often consumed soon after it is purchased and accordingly, the Group concluded that any breakage would be insignificant. Unconsumed virtual currency is recorded as deferred revenue. Virtual currencies used to purchase virtual items are recognized as revenue according to the prescribed revenue recognition policies of virtual items addressed below unless otherwise stated. All virtual items are

non-refundable,

consumed at a

point-in-time

and expire in a few days after the purchase. Under arrangements entered into with broadcasters and talent agencies, the Group shares a portion of the revenues derived from the sales of virtual items with them (“Revenue Sharing”).

The Group has evaluated and determined that it is the principal and views the users to be its customers. Specifically, the Group controls the virtual items before they are transferred to users. Its control is evidenced by the Group’s sole ability to monetize the virtual items before they are transferred to users, and is further supported by the Group being primarily responsible to the users for the delivery of the virtual items as well as having full discretion in establishing pricing for the virtual items. Accordingly, the Group reports its live video service revenues on a gross basis with amounts billed to users for the virtual items recorded as revenues and the Revenue Sharing paid to broadcasters and talent agencies recorded as cost of revenues. Sales proceeds are initially recorded as deferred revenue and recognized as revenue based on the consumption of the virtual items. The Group has determined that the virtual items represent one performance obligation in the live video service. Revenue related to each of the virtual items is recognized at the

point-in-

time when the virtual item is transferred directly to the broadcasters and consumed by users. Although some virtual items have expiry dates, the Group considers that the impact of breakage for the virtual items is insignificant as historical data shows that virtual items are consumed shortly after they are released to users and the forfeiture rate remains relatively low for the periods presented. The Group does not have further performance obligations to the users after the virtual items are consumed.

Users also have the right to purchase various combinations of virtual items and virtual item coupons in the live video, which are generally capable of being distinct. Specifically, the Group enters into certain contracts with its users where virtual item coupons are granted to users with a purchase. The virtual item coupons can be used by the users to exchange for free virtual items in the future. Such virtual item coupons typically expire a few days after being granted. The Group has determined that the virtual item coupons represent a material right under Topic 606 which is recognized as a separate performance obligation at the outset of the arrangement. Judgment is required to determine the standalone selling price for each distinct virtual item and virtual item coupon. The Group allocates the consideration to each distinct virtual item and virtual item coupon based on their relative standalone selling prices. In instances where standalone selling price is not directly observable as the Group does not sell the virtual items or virtual item coupons separately, the Group determines the standalone selling price based on pricing strategies, market factors and strategic objectives. The Group recognizes revenue for each of the distinct virtual item in accordance with the revenue recognition method discussed above unless otherwise stated. Revenue for the virtual item coupons is recognized when the virtual items purchased with the virtual item coupons are consumed. Although virtual item coupons have expiry dates, the Group considers that the impact of breakage for the virtual item coupons is insignificant as historical data shows that virtual item coupons are consumed shortly after they are released to users.

(b)

Value-added services

Value-added services revenues mainly include membership subscription revenue and virtual gift service revenue. Membership subscription is a service package which enables members to enjoy additional functions and privileges. The contract period for the membership subscription ranges from one month to one year. All membership subscription is nonrefundable. The Group has determined that its membership subscription services represent one performance obligation. The Group collects membership subscription in advance and records it as deferred revenue. Revenue is recognized ratably over the contract period as the membership subscription services are delivered.

Virtual gift service enhances users’ experience of interaction and social networking with each other. Generally, users are able to purchase virtual items and send them to other users. The Group shares a portion of the revenues derived from the sales of virtual items with the recipients of the virtual items. All virtual items are nonrefundable, typically consumed at a

point-in-time

and expire a few days after the purchase. Although some virtual items have expiry dates, the Group considers that the impact of breakage for the virtual items is insignificant as historical data shows that virtual items are consumed shortly after they are released to users, and the forfeiture rate remains relatively low for the periods presented. The Group collects the cash from the purchase of virtual items and recognized the sales of virtual items when the performance obligation is satisfied. The Group has determined that it has one single performance obligation which is the display of the virtual item for the users who purchase them. Revenues derived from the sales of virtual items are recorded on a gross basis as the Group has determined that it is the principal in providing the virtual gift services for the same reasons outlined in the revenue recognition policy for its live video services. The portion paid to gift recipients is recognized as cost of revenues.

For virtual gift service, the Group also provides various combinations of virtual items for users to purchase and grant virtual item coupons with the purchase, similar to its live video service. For the same reasons and with the same methods outlined in the revenue recognition policy for its live video services, the Group recognizes revenue for each of the distinct virtual item and recognizes revenue for the virtual item coupons when the virtual items purchased with the virtual item coupons are consumed. Although virtual item coupons have expiry dates, the Group considers that the impact of breakage for the virtual item coupons is insignificant as historical data shows that virtual item coupons are consumed shortly after they are released to users.

(c)

Mobile marketing

The Group provides advertising and marketing solutions to customers for promotion of their brands and conduction of effective marketing activities through its mobile application.

Display-based mobile marketing services

For display-based online advertising services, the Group has determined that its mobile marketing services represent one performance obligation. Accordingly, the Group recognizes mobile marketing revenue ratably over the period that the advertising is provided commencing on the date the customer’s advertisement is displayed, or based on the number of times that the advertisement has been displayed for cost per thousand impressions advertising arrangements.

Performance-based mobile marketing services

The Group also enables advertising customers to place links on its mobile platform on a

pay-for-effectiveness

basis, which is referred to as the cost for performance model. The Group charges fees to advertising customers based on the effectiveness of advertising links, which is measured by active clicks. The Group has determined that its mobile marketing services represent one performance obligation. Accordingly, the Group recognizes mobile marketing revenue based on sales of effective clicks. Revenue is estimated by the Group based on its internal data, which is confirmed with respective customers periodically.

The Group’s mobile marketing revenues are recognized net of agency rebates, if applicable. Agency rebates have not been material for the years ended December 31, 2021, 2022 and 2023.

(d)

Mobile games

The Group operates mobile games including both self-developed and licensed mobile games and generates mobile game revenues from the sales of

in-game

virtual currencies or virtual items.

The Group records revenue generated from mobile games on a gross basis if the Group acts as the principal in the mobile game arrangements under which the Group controls the specified services before they are provided to the customers. The Group determines that it has a single performance obligation to the players who purchased the virtual items to gain an enhanced game-playing experience over the playing period of the paying players. Specially, the Group is primarily responsible for fulfilling the promise to provide maintenance services and has discretion in setting the price for virtual currencies or virtual items to the customers. Accordingly, the Group recognizes revenues ratably over the estimated average period of player relationship starting from the point in time when the players purchase the virtual items and once all other revenue recognition criteria are met.

For arrangements that the Group has determined that it is not the principal, the Group considers the game developers to be its customers and records revenue on a net basis based on the ratios

pre-determined

with the online game developers when all the revenue recognition criteria set forth in Topic 606 are met, which is generally when the user consumes virtual currencies issued by the game developers. Specifically, the Group has determined that it has no additional performance obligation to the developers or game players upon completion of the corresponding

in-game

purchase.

(e)

Other services

Revenues from other services mainly consisted of music service revenues, film distribution service, film promotion service and peripheral products.

Practical expedients and exemptions

The Group’s contracts have an original duration of one year or less. Accordingly, the Group does not disclose the value of unsatisfied performance obligations. Additionally, the Group generally expenses sales commissions when incurred because the amortization period would have been one year or less. These costs are recorded within selling and marketing expenses.

Contract balances

Contract balances include accounts receivable and deferred revenue. Accounts receivable represent cash due from third-party application stores and other payment channels as well as from advertising customers and are recorded when the right to consideration is unconditional. The Group evaluates its accounts receivable for expected credit losses on a regular basis. The Group recorded no material impairment charges related to contract assets in the period. Deferred revenue primarily includes cash received from paying users related to the Group’s live video service and value-added service as well as cash received from the Group’s advertising customers. Deferred revenue is recognized as revenue over the estimated service period or when all of the revenue recognition criteria have been met. Revenue recognized in 2022 and 2023 that was included in the deferred revenue balance as of January 1, 2022 and 2023 were RMB539,967 and RMB 484,775, respectively.

Cost of revenues

Cost of revenues consist of expenditures incurred in the generation of the Group’s revenues, including but not limited to revenue sharing with the broadcasters, talent agencies, gift recipients resulting from the sales of virtual items, commission fee paid to third-party application stores and other payment channels, bandwidth costs, salaries and benefits paid to employees, depreciation and amortization and production cost in connection with the television content and films. These costs are expensed as incurred except for the direct and incremental platform commission fees to third-party application stores and other payment channels and production cost in connection with the television content and films which are deferred in “Prepaid expenses and other current assets” on the consolidated balance sheets. Such deferred costs are recognized in the consolidated statements of operations in “Cost of revenues” in the period in which the related revenues are recognized.

Government subsidies

Government subsidies primarily consist of financial subsidies received from provincial and local governments for operating a business in their jurisdictions and compliance with specific policies promoted by the local governments. For certain government subsidies, there are no defined rules and regulations to govern the criteria necessary for companies to receive such benefits, and the amount of financial subsidy is determined at the discretion of the relevant government authorities. The Group records government subsidies as other operating income when received from the local government authority, because the government subsidies are not subject to further performance obligations or future returns. Government subsidies recorded as other operating income amounted to RMB63,615, RMB23,593 and RMB72,502 for the years ended December 31, 2021, 2022 and 2023, respectively.

Research and development expenses

Research and development expenses primarily consist of (i) salaries and benefits for research and development personnel, and (ii) technological service fee, depreciation and office rental expenses associated with the research and development activities. The Group’s research and development activities primarily consist of the research and development of new features for its mobile platform and its self-developed mobile games. The Group has expensed all research and development expenses when incurred.

Value added taxes ("VAT")

Value added taxes (“VAT”)

Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded in accrued expenses and other current liabilities on the consolidated balance sheets. Revenue is recognized net of VAT amounted to RMB1,136,147, RMB977,780 and RMB901,381 for the years ended December 31, 2021, 2022 and 2023, respectively.

Income taxes

Current income taxes are provided for in accordance with the laws of the relevant tax authorities. Deferred income taxes are recognized when temporary differences exist between the tax bases of assets and liabilities and their reported amounts in the consolidated financial statements. Net operating loss carry forwards and credits are applied using enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is

more-likely-than-not

that a portion of or all of the deferred tax assets will not be realized.

Deferred income taxes are recognized on the undistributed earnings of subsidiaries, which are presumed to be transferred to the parent company and are subject to withholding taxes, unless there is sufficient evidence to show that the subsidiary has invested or will invest the undistributed earnings indefinitely or that the earnings will be remitted in a

tax-free

liquidation.

The impact of an uncertain income tax position on the income tax return is recognized at the largest amount that is more-likely-than- not to be sustained upon audit by the relevant tax authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Interest and penalties on income taxes will be classified as a component of the provisions for income taxes.

Foreign currency translation

The reporting currency of the Company is the Renminbi (“RMB”). The functional currency of the Company is the US dollar (“US$”). The Company’s operations are principally conducted through the subsidiaries, consolidated VIEs and VIEs’ subsidiaries located in the PRC where the local currency is the functional currency.

Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at the rates of exchange in place at the balance sheet date. Transactions in currencies other than the functional currency during the year are converted into the functional currency at the applicable rates of exchange prevailing when the transactions occurred. Transaction gains and losses are recognized in the consolidated statement of operations.

Assets and liabilities of the Group companies are translated from their respective functional currencies to the reporting currency at the exchange rates at the balance sheet dates, equity accounts are translated at historical exchange rates and revenues and expenses are translated at the average exchange rates in effect during the reporting period. The resulting foreign currency translation adjustments are recorded in other comprehensive (loss) income.

Convenience translation

Translations of the consolidated balance sheets, the consolidated statements of operations, the consolidated statements of comprehensive (loss) income, and the consolidated statements of cash flows from RMB into US$ as of and for the year ended December 31, 2023 are solely for the convenience of the readers and were calculated at the rate of US$1.00=RMB7.0999, representing the noon buying rate set forth in the H.10 statistical release of the U.S. Federal Reserve Board on December 29, 2023. No representation is made that the RMB amounts could have been, or could be, converted, realized or settled into US$ at that rate on December 31, 2023, or at any other rate.

Leases

The Group leases administrative office spaces and internet data center (“IDC”) facilities in different cities in the PRC under operating leases. The Group determines whether an arrangement constitutes a lease and records lease liabilities and

right-of-use

assets on its consolidated balance sheets at the lease commencement. The Group elected the practical expedient not to separate lease and

non-lease

components of contracts, except for bandwidth service included in IDC facilities lease contracts. The Group measures its lease liabilities based on the present value of the total lease payments not yet paid discounted based on its incremental borrowing rate, as the rate implicit in the lease is not readily available. The Group’s incremental borrowing rate is the estimated rate the Group would be required to pay for a collateralized borrowing equal to the total lease payments over the term of the lease. The Group estimates an incremental borrowing rate based on the credit quality of the Group and by comparing interest rates available in the market for similar borrowings, and adjusting this amount based on the impact of collateral over the term of each lease. The Group measures

right-of-use

assets based on the corresponding lease liability adjusted for payments made to the lessor at or before the commencement date, and initial direct costs it incurs under the lease. The Group begins recognizing rental expense when the lessor makes the underlying asset available to the Group. The Group’s leases have remaining lease terms of up to approximately three years, some of which include options to extend the leases for an additional period which has to be agreed with the lessors based on mutual negotiation. After considering the factors that create an economic incentive, the Group did not include renewal option periods in the lease term for which it is not reasonably certain to exercise.

For short-term leases, the Group records rental expense in its consolidated statements of operations on a straight-line basis over the lease term. The Group also elected the exemption for contracts with lease terms of 12 months or less.

Advertising expenses

Advertising expenses, including advertisements through various forms of media and marketing and promotional activities, are included in “sales and marketing expense” in the consolidated statements of operations and are expensed when incurred. Total advertising expenses incurred were RMB2,192,512, RMB1,766,995 and RMB1,173,743 for the years ended December 31, 2021, 2022 and 2023, respectively.

Comprehensive (loss) income

Comprehensive (loss) income includes net (loss) income and foreign currency translation adjustments. Comprehensive (loss) income is reported in the consolidated statements of comprehensive (loss) income.

Share-based compensation

Share-based payment transactions with employees, executives and consultants are measured based on the grant-date fair value of the equity instrument issued and recognized as compensation expense net of a forfeiture rate on a straight-line basis, over the requisite service period, with a corresponding impact reflected in additional

paid-in

capital.

The estimate of forfeiture rate is adjusted over the requisite service period to the extent that actual forfeiture rate differs, or is expected to differ, from such estimates. Changes in estimated forfeiture rate is recognized through a cumulative

catch-up

adjustment in the period of change.

Changes in the terms or conditions of share options are accounted as a modification. The Group calculates the excess of the fair value of the modified option over the fair value of the original option immediately before the modification, measured based on the share price and other pertinent factors at the modification date. For vested options, the Group recognizes incremental compensation cost in the period that the modification occurred. For unvested options, the Group recognizes, over the remaining requisite service period, the sum of the incremental compensation cost and the remaining unrecognized compensation cost for the original award on the modification date.

Net (loss) income per share

Basic net (loss) income per ordinary share is computed by dividing net (loss) income attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period.

Diluted net (loss) income per ordinary share reflect the potential dilution that could occur if securities were exercised or converted into ordinary shares. The Group had share options, restricted share units and convertible senior notes, which could potentially dilute basic earnings per share in the future. To calculate the number of shares for diluted net (loss) income per ordinary share, the effect of the share options and restricted share units is computed using the treasury stock method, and the effect of the convertible senior notes is computed using the

as-if-converted

method.

Recent accounting pronouncements adopted

In October 2021, the FASB issued ASU

No. 2021-08,

Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (ASU

2021-08),

which clarifies that an acquirer of a business should recognize and measure contract assets and contract liabilities in a business combination in accordance with Topic 606, Revenue from Contracts with Customers The new amendments are effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The amendments should be applied prospectively to business combinations occurring on or after the effective date of the amendments, with early adoption permitted. The Group adopted ASU

2021-08

on January 1, 2023 and the adoption did not have an impact on the Group’s consolidated financial statements.

In July 2023, the FASB issued ASU

No. 2023-03,

“Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718): Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 120, SEC Staff Announcement at the March 24, 2022 EITF Meeting, and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation

S-X:

Income or Loss Applicable to Common Stock.” ASU

2023-03

amends the ASC for SEC updates pursuant to SEC Staff Accounting Bulletin No. 120; SEC Staff Announcement at the March 24, 2022 Emerging Issues Task Force (“EITF”) Meeting; and Staff Accounting Bulletin Topic 6.B, Accounting Series Release 280—General Revision of Regulation

S-X:

Income or Loss Applicable to Common Stock. These updates were immediately effective and did not have a significant impact on the Group’s consolidated financial statements.

Recent accounting pronouncements not yet adopted

In June 2022, the FASB issued ASU

2022-03,

“Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”, which clarifies that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments also clarify that an entity cannot, as a separate unit of account, recognize and measure a contractual sale restriction. This guidance also requires certain disclosures for equity securities subject to contractual sale restrictions. This guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years, with early adoption permitted. The Group is in the process of evaluating the impact of the adoption of this pronouncement on its consolidated financial statements.

In November 2023, the FASB issued ASU

2023-07

“Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU

2023-07”).

ASU

2023-07

intends to improve reportable segment disclosure requirements, enhance interim disclosure requirements and provide new segment disclosure requirements for entities with a single reportable segment. ASU

2023-07

is effective for fiscal years beginning after December 15, 2023, and for interim periods with fiscal years beginning after December 15, 2024. ASU

2023-07

is to be adopted retrospectively to all prior periods presented. The Group is in the process of evaluating the impact of the adoption of this pronouncement on its consolidated financial statements.

In December 2023, the FASB issued ASU

2023-09

“Improvements to Income Tax Disclosures” (“ASU

2023-09”).

ASU

2023-09

intends to improve the transparency of income tax disclosures. ASU

2023-09

is effective for fiscal years beginning after December 15, 2024 and is to be adopted on a prospective basis with the option to apply retrospectively. The Group is in the process of evaluating the impact of the adoption of this pronouncement on its consolidated financial statements.

Revenues [Member]

Concentration of credit risk and revenue

Concentration of revenue

No user or customer accounted for 10% or more of net revenues for the years ended December 31, 2021, 2022 and 2023, respectively.

Accounts Receivable [Member]

Concentration of credit risk and revenue

Concentration of credit risk

Financial instruments that potentially expose the Group to concentration of credit risk consist primarily of cash and cash equivalents, short-term deposits, short-term investments, restricted cash, long-term deposits and accounts receivable. The Group places their cash with financial institutions with high-credit ratings and quality.

Third-party application stores and other payment channels accounting for 10% or more of accounts receivables are as follows:


	As of December 31,

	2022			2023
A		18	%		22	%
B		15	%		N/A

Users or customers accounting for 10% or more of accounts receivables is as follows:


	As of December 31,

	2022			2023
C		12	%		N/A

Accrued Expenses and Other Current Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Payables and Accruals [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consisted of the following:


	As of December 31,
	2022		2023
	RMB		RMB
Accrued payroll and welfare		210,853		188,089
Balance of users’ virtual accounts		136,757		138,926
Payable for advertisement		135,569		119,635
Accrued professional services and related service fee		54,833		49,489
Other tax payables		48,752		49,136
VAT payable		16,333		24,932
Payable for repurchase of subsidiary’s share options		25,604		11,729
Contingent loss liability (Note 18)		92,881		—
Others		75,922		48,681

Total		797,504		630,617

Leases

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Leases

10.

LEASES

Operating leases

The Group’s leases consist of operating leases for administrative office spaces and IDC facilities in different cities in the PRC. For leases with terms greater than 12 months, the Company records the related asset and lease liability at the present value of lease payments over the lease term. The Company elected the practical expedient not to separate lease and

non-lease

components of contracts, except for bandwidth service included in IDC facilities lease contracts. As of December 31, 2023, the Group had no long-term leases that were classified as a financing lease. The Company also elected the short-term lease exemption for all contracts with lease terms of 12 months or less.

Total operating lease expense was RMB170,547 and RMB97,819, including RMB9,657 and RMB8,217 short-term lease expense for the years ended December 31, 2022 and 2023, respectively. The operating lease expense was recorded in cost and expenses on the consolidated statements of operations.


	For the years ended December 31
	2022			2023
	RMB			RMB
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		161,743			81,958
Non-cash right-of-use assets obtained in exchange for new lease obligations:
Operating leases		22,238			85,924
Weighted average remaining lease term
Operating leases		1.63			2.16
Weighted average discount rate
Operating leases		3.57	%		5.37	%

As of December 31, 2023, the Group has no significant lease contract that has been entered into but not yet commenced, and the future minimum payments under operating leases were as follows:


	Amounts
	RMB
2024		61,638
2025		44,847
2026 and thereafter		12,554
Less imputed interest		6,860

Total		112,179

Payments under operating leases are expensed on a straight-line basis over the periods of their respective leases. The terms of the leases do not contain rent escalation or contingent rents.

Intangible Assets, Net - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Depreciation expenses and impairment loss	¥ 5,116	¥ 5,116	¥ 109,062
Intangible Asset Impairment	¥ 0	¥ 0	¥ 538,109

Fair Value - Additional Information (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other gain or (loss), net	$ (3,759)	¥ (26,685)	¥ 118,325	¥ (16,000)
Fair value of the Note		19,854	2,555,530
Fair value of the short-term and long-term deposits		5,248,881	8,246,994
Impairment loss on equity method investments		0	4,600
Equity Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other gain or (loss), net		¥ 31,250	¥ 11,250

Consolidated Statements of Operations ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) ¥ / shares shares	Dec. 31, 2022 CNY (¥) ¥ / shares shares	Dec. 31, 2021 CNY (¥) ¥ / shares shares
Income Statement [Abstract]
Net revenues	$ 1,690,492	¥ 12,002,323	¥ 12,704,172	¥ 14,575,719
Cost and expenses:
Cost of revenues (including share-based compensation of RMB17,941, RMB14,195 and RMB6,307 in 2021, 2022 and 2023, respectively)	(989,506)	(7,025,394)	(7,421,419)	(8,383,431)
Research and development (including share-based compensation of RMB139,571, RMB88,797 and RMB64,561 in 2021, 2022 and 2023, respectively)	(124,592)	(884,590)	(1,006,219)	(1,131,781)
Sales and marketing (including share-based compensation of RMB70,821, RMB38,432 and RMB29,066 in 2021, 2022 and 2023, respectively)	(199,291)	(1,414,949)	(2,073,617)	(2,604,309)
General and administrative (including share-based compensation of RMB247,438, RMB260,060 and RMB167,167 in 2021, 2022 and 2023, respectively)	(70,773)	(502,479)	(596,006)	(624,700)
Impairment loss on goodwill and intangible assets	0	0	0	(4,397,012)
Total cost and expenses	(1,384,162)	(9,827,412)	(11,097,261)	(17,141,233)
Other operating income	18,325	130,105	20,632	175,947
(Loss) income from operations	324,655	2,305,016	1,627,543	(2,389,567)
Interest income	61,445	436,253	368,879	384,279
Interest expense	(8,764)	(62,223)	(83,530)	(73,776)
Other gain or (loss), net	(3,759)	(26,685)	118,325	(16,000)
(Loss) income before income tax and share of loss on equity method investments	373,577	2,652,361	2,031,217	(2,095,064)
Income tax expense	(88,737)	(630,023)	(562,281)	(822,556)
(Loss) income before share of loss on equity method investments	284,840	2,022,338	1,468,936	(2,917,620)
Share of (loss) income on equity method investments	(9,950)	(70,643)	11,073	(8,084)
Net (loss) income	274,890	1,951,695	1,480,009	(2,925,704)
Less: net loss attributable to non-controlling interest	(829)	(5,886)	(4,274)	(11,996)
Net (loss) income attributable to the shareholders of Hello Group Inc.	$ 275,719	¥ 1,957,581	¥ 1,484,283	¥ (2,913,708)
Net (loss) income per share attributable to ordinary shareholders
Basic \| (per share)	$ 0.73	¥ 5.18	¥ 3.8	¥ (7.2)
Diluted \| (per share)	$ 0.69	¥ 4.92	¥ 3.65	¥ (7.2)
Weighted average shares used in calculating net (loss) income per ordinary share
Basic	377,639,399	377,639,399	390,176,367	404,701,910
Diluted	401,833,328	401,833,328	423,810,279	404,701,910

Subsequent Event - Additional Information (Detail) $ / shares in Units, ¥ in Thousands, $ in Millions						12 Months Ended
	Jun. 06, 2024 USD ($)	Mar. 14, 2024 USD ($) $ / shares	Mar. 16, 2023	Mar. 24, 2022	Mar. 25, 2021	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Subsequent Event [Line Items]
Dividend payable date						Apr. 30, 2023	Apr. 30, 2022	Apr. 30, 2021
Stock repurchased during period value \| ¥						¥ 212,195	¥ 395,846	¥ 862,865
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividend record date		Apr. 12, 2024
Ex-dividend date		Apr. 11, 2024
Stock repurchased during period value	$ 200.0
Dividend Declared [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Aggregate amount dividend payable		$ 98.9
Dividend Paid [Member]
Subsequent Event [Line Items]
Dividend record date			Apr. 28, 2023	Apr. 13, 2022	Apr. 13, 2021
Ex-dividend date			Apr. 27, 2023	Apr. 12, 2022	Apr. 12, 2021
Dividend Paid [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Dividend payable date		Apr. 30, 2024
American Depository Shares [Member] \| Dividend Declared [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividend amount per ADS \| $ / shares		$ 0.54
Common Stock [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Stock repurchased during period value		$ 286.1
Common Stock [Member] \| Dividend Declared [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividend amount per share \| $ / shares		$ 0.27

Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Summary of operating lease additional information

The operating lease expense was recorded in cost and expenses on the consolidated statements of operations.


	For the years ended December 31
	2022			2023
	RMB			RMB
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		161,743			81,958
Non-cash right-of-use assets obtained in exchange for new lease obligations:
Operating leases		22,238			85,924
Weighted average remaining lease term
Operating leases		1.63			2.16
Weighted average discount rate
Operating leases		3.57	%		5.37	%

Summary of future minimum payments under operating leases

As of December 31, 2023, the Group has no significant lease contract that has been entered into but not yet commenced, and the future minimum payments under operating leases were as follows:


	Amounts
	RMB
2024		61,638
2025		44,847
2026 and thereafter		12,554
Less imputed interest		6,860

Total		112,179

Related Party Balances and Transactions - Schedule of Purchase from Related Parties (Detail) - CNY (¥)
¥ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Purchase from related parties

¥ 179,055

¥ 176,674

¥ 253,806

Hunan Qindao Network Media Technology Co., Ltd. [Member]

Purchase from related parties

^[1]

179,000

176,674

253,691

Others [Member]

Purchase from related parties

¥ 55

¥ 0

¥ 115

[1]	The purchases from Hunan Qindao Network Media Technology Co., Ltd. mainly represented the Revenue Sharing.

Significant Accounting Policies - Schedule of Third-Party Application Stores and Other Payment Channels Accounting Receivables (Detail) - Accounts Receivable [Member] - Credit Concentration Risk [Member]	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Third-party Payment Channel A [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	22.00%	18.00%
Third-party Payment Channel B [Member]
Concentration Risk [Line Items]
Concentration risk, percentage		15.00%
Third-party Payment Channel C [Member]
Concentration Risk [Line Items]
Concentration risk, percentage		12.00%

Intangible Assets, Net

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

7.	INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:


	As of December 31,
	2022			2023
	RMB			RMB
Trade name		689,333			709,591
Active user		368,555			379,387
Technology		28,086			28,911
License		51,178			51,178
Less: accumulated amortization		(526,300	)		(531,416	)
Less: accumulated impairment loss		(538,109	)		(538,109	)
Exchange difference		(50,540	)		(82,456	)

Net book value		22,203			17,086

Amortization expenses charged to the consolidated statements of operations for the years ended December 31, 2021, 2022 and 2023 were RMB109,062, RMB5,116 and RMB5,116, respectively. The impairment loss on acquired intangible assets was RMB538,109, nil and nil for the years ended December 31, 2021, 2022 and 2023.

The estimated aggregate amortization expenses for each of the five succeeding fiscal years and thereafter are as follows:


For the year ended December 31,	Amounts
2024		5,116
2025		5,116
2026		5,116
2027		1,358
2028		104
Thereafter		276

Total		17,086

Long-Term Investments (Tables)

12 Months Ended

Dec. 31, 2023

Long-term Investments [Abstract]

Summary of Equity and Cost Method Investments


	As of December 31,
	2022		2023
	RMB		RMB
Equity method investments
Jingwei Chuangteng (Hangzhou) L.P. (i)		73,632		48,687
Hangzhou Aqua Ventures Investment Management L.P. (ii)		48,328		47,168
Chengdu Tianfu Qianshi Equity Investment Partnership L.P. (iii)		36,961		34,082
Others (vi)		45,309		62,671
Equity securities without readily determinable fair values
58 Daojia Ltd. (iv)		300,000		300,000
Hangzhou Faceunity Technology Limited (iv)		70,000		70,000
Hunan Qindao Cultural Spread Ltd. (iv)		30,000		30,000
Haining Yijiayi Culture Co., Ltd. (iv)		25,000		—
Shenzhen INMO Technology Co., Ltd. (iv)		55,343		55,343
Others (vi)		65,875		34,625
Fair value option investment
AEZ Capital Feeder Fund (v)		143,540		104,335

		893,988		786,911

Consolidated Statements of Changes in Equity ¥ in Thousands, $ in Thousands	USD ($) shares	CNY (¥) shares	Common Stock [Member] CNY (¥) shares	Additional Paid-in Capital [Member] CNY (¥)	Treasury Stock [Member] CNY (¥)	Retained Earnings [Member] CNY (¥)	Accumulated Other Comprehensive Income (Loss) [Member] CNY (¥)	Non-controlling Interests [Member] CNY (¥)
Balance at Dec. 31, 2020		¥ 14,835,329	¥ 274	¥ 6,743,172	¥ (732,474)	¥ 8,444,086	¥ 183,922	¥ 196,349
Balance, Shares at Dec. 31, 2020 \| shares			419,163,084
Net income (loss)		(2,925,704)				(2,913,708)		(11,996)
Repurchase of shares		(862,865)			(862,865)
Share-based compensation		429,951		470,739				(40,788)
Issuance of ordinary shares in connection with exercise of options and vesting of restricted share units		¥ 790	¥ 3	787
Issuance of ordinary shares in connection with exercise of options and vesting of restricted share units, shares \| shares	4,344,192	4,344,192	4,344,192
Cash Dividends		¥ (852,743)				(852,743)
Foreign currency translation adjustment		(39,161)					(34,554)	(4,607)
Balance at Dec. 31, 2021		10,585,597	¥ 277	7,214,698	(1,595,339)	4,677,635	149,368	138,958
Balance, Shares at Dec. 31, 2021 \| shares			423,507,276
Net income (loss)		1,480,009				1,484,283		(4,274)
Repurchase of shares		(395,846)			(395,846)
Share-based compensation		376,513		372,696				3,817
Issuance of ordinary shares in connection with exercise of options and vesting of restricted share units		¥ 153	¥ 4	149
Issuance of ordinary shares in connection with exercise of options and vesting of restricted share units, shares \| shares	5,748,524	5,748,524	5,748,524
Cash Dividends		¥ (840,997)				(840,997)
Foreign currency translation adjustment		(274,791)					(289,621)	14,830
Balance at Dec. 31, 2022		10,930,638	¥ 281	7,587,543	(1,991,185)	5,320,921	(140,253)	153,331
Balance, Shares at Dec. 31, 2022 \| shares			429,255,800
Net income (loss)	$ 274,890	1,951,695				1,957,581		(5,886)
Repurchase of shares		(212,195)			(212,195)
Share-based compensation		253,680		252,350				1,330
Issuance of ordinary shares in connection with exercise of options and vesting of restricted share units		¥ 610	¥ 5	605
Issuance of ordinary shares in connection with exercise of options and vesting of restricted share units, shares \| shares	6,467,898	6,467,898	6,467,898
Acquisition of non-controlling interests				(26,823)				26,823
Cash Dividends		¥ (958,052)				(958,052)
Foreign currency translation adjustment	$ 2,875	20,414					14,171	6,243
Balance at Dec. 31, 2023	$ 1,688,304	¥ 11,986,790	¥ 286	¥ 7,813,675	¥ (2,203,380)	¥ 6,320,450	¥ (126,082)	¥ 181,841
Balance, Shares at Dec. 31, 2023 \| shares			435,723,698

Related Party Balances and Transactions (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Related Party Transactions

(1)

Amount due from related parties


	As of December 31,
	2022		2023
	RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (i)		—		27,258
Others		55		—

Total		55		27,258

(i)

The amount of RMB27,258 as of December 31, 2023 represented the revenue sharing of live video service paid in advance to Hunan Qindao Network Media Technology Co., Ltd., which should be deducted from the amount of revenue sharing to be paid in

following

years. According to the arrangement of repayment plan, RMB7,258 is due in year of 2024 and RMB10,000 is due in year of 2025 and 2026, respectively.

(2)

Amount due to related parties – current


	As of December 31,
	2022		2023
	RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (ii)		9,178		4,314

Total		9,178		4,314

(ii)	The amount of RMB9,178 and R MB4,314 as of December 31, 2022 and 2023 represented the unpaid revenue sharing of live video service to Hunan Qindao Network Media Technology Co., Ltd.

(3)

Purchases from related parties


	For the year ended December 31,
	2021		2022		2023
	RMB		RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (iii)		253,691		176,674		179,000
Others		115		—		55

Total		253,806		176,674		179,055

(iii)

The purchases from Hunan Qindao Network Media Technology Co., Ltd. mainly represented the Revenue Sharing.

Ordinary Shares

12 Months Ended

Dec. 31, 2023

Federal Home Loan Banks [Abstract]

Ordinary Shares

14.	ORDINARY SHARES

In 2021, 2022 and 2023, 4,344,192, 5,748,524 and 6,467,898 ordinary shares were issued in connection with the exercise of options and vesting of restricted share units previously granted to employees, executives and consultants under the Company’s share incentive plans (see Note 16), respectively.

On September 3, 2020, the Company’s Board of Directors authorized a share repurchase program (“2020 share repurchase program”) under which the Company may repurchase up to US$300 million of its shares over the next 12 months. The Company’s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.

On June 7, 2022, the Company’s Board of Directors authorized a share repurchase program (“2022 share repurchase program”) under which the Company may repurchase up to US$200 million of its shares over the next 24 months. The Company’s proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.

For the years ended December 31, 2021, 2022 and 2023, the Company repurchased 21,124,816, 23,978,072 and 8,354,042 Class A ordinary shares for US$133,395 (RMB862,865), US$56,714 (RMB395,846) and US$29,378 (RMB212,195) on the open market, at a weighted average price of US$12.61, US$4.71 and US$7.01 per ADS, respectively. The Company accounts for the repurchased ordinary shares under the cost method and includes such treasury stock as a component of the shareholders’ equity.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-13

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-14

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481062/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 505
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481004/946-505-50-6

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480237/815-40-50-6

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-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1

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-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
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-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

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-Topic 505
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//505/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
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-Name Accounting Standards Codification
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-Subparagraph (g)
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-Paragraph 13
-Subparagraph (i)
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Reference 16: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (b)
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Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 505
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-Subparagraph (a)
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+ Details

Statutory Reserves and Restricted Net Assets

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Statutory Reserves and Restricted Net Assets

22.	STATUTORY RESERVES AND RESTRICTED NET ASSETS

In accordance with the Regulations on Enterprises with Foreign Investment of China and their articles of association, the Group’s subsidiaries and VIEs located in the PRC, being foreign invested enterprises established in the PRC, are required to provide for certain statutory reserves. These statutory reserve funds include one or more of the following: (i) a general reserve, (ii) an enterprise expansion fund or discretionary reserve fund, and (iii) a staff bonus and welfare fund. Subject to certain cumulative limits, the general reserve fund requires a minimum annual appropriation of 10% of

after-tax

profit (as determined under accounting principles generally accepted in China at each

year-end);

the other fund appropriations are at the subsidiaries’ or the affiliated PRC entities’ discretion. These statutory reserve funds can only be used for specific purposes of enterprise expansion, staff bonus and welfare, and are not distributable as cash dividends except in the event of liquidation of our subsidiaries, our affiliated PRC entities and their respective subsidiaries. The Group’s subsidiaries, VIEs and VIEs’ subsidiaries are required to allocate at least 10% of their after tax profits to the general reserve until such reserve has reached 50% of their respective registered capital.

Appropriations to the enterprise expansion reserve and the staff welfare and bonus reserve are to be made at the discretion of the board of directors of each of the Group’s subsidiaries.

The appropriations to these reserves by the Group’s PRC subsidiaries, VIEs and VIEs’ subsidiaries were RMB679, RMB517 and RMB nil for the years ended December 31, 2021, 2022 and 2023, respectively.

Relevant PRC statutory laws and regulations permit payments of dividends by the Company’s subsidiaries and consolidated VIEs incorporated in the PRC only out of their retained earnings, if any, as determined in accordance with the PRC accounting standards and regulations. The capital and statutory reserves restricted which represented the amount of net assets of the Group’s PRC subsidiaries, VIEs and VIEs’ subsidiaries in the Group not available for distribution were RMB1,508,594, RMB1,509,111 and RMB1,509,111 as of December 31, 2021, 2022 and 2023, respectively.

Leases - Summary of Operating Lease Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Disclosure Of Operating Lease Additional Information [Abstract]
Operating cash flows from operating leases	¥ 81,958	¥ 161,743
Operating leases	¥ 85,924	¥ 22,238
Weighted average remaining lease term, Operating leases	2 years 1 month 28 days	1 year 7 months 17 days
Weighted average discount rate, Operating leases	5.37%	3.57%

Share-Based Compensation - Additional Information (Detail) $ / shares in Units, ¥ in Thousands, $ in Thousands						1 Months Ended		12 Months Ended
	Apr. 06, 2023 shares	Apr. 15, 2022 shares	Apr. 15, 2021 shares	Aug. 30, 2019 shares	Jul. 31, 2018 shares	Aug. 31, 2018 shares	Nov. 30, 2014 shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 USD ($) $ / shares	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2021 CNY (¥)	Dec. 31, 2023 CNY (¥) shares	Mar. 31, 2017 shares	Apr. 30, 2016 shares	Mar. 31, 2015 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vested								15,275,055	15,275,055
Options expected to vest								12,495,624						12,495,624
Options expected to vest, weighted-average exercise price \| $ / shares								$ 0.0002
Options expected to vest, Aggregate intrinsic value \| $								$ 43,420		$ 46,564
Weighted average fair value per option at grant date, Granted \| $ / shares								$ 4		$ 2.48		$ 7.2
Total intrinsic value of options exercised \| $								$ 24,815		$ 20,261		$ 28,487
Share-based compensation								$ 37,620	¥ 267,101		¥ 401,484		¥ 475,771
Weighted average remaining contractual term options outstanding								7 years 3 months 7 days	7 years 3 months 7 days	6 years 4 months 24 days	6 years 4 months 24 days
Number of options, Granted								7,888,864	7,888,864
Share based liability \| $												120,000
Payments for Employee related liabilities \| $												108,000
Escrow Deposit \| $												$ 12,000
Tantan Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share split ratio				1-for-5
Employee vested option repurchased \| ¥									¥ 13,422		¥ 24,971
Payments for vested options repurchased \| ¥									28,126		89,652
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation \| ¥									¥ 5,799		9,335		10,512
Unrecognized compensation expense \| ¥														¥ 5,856
Weighted average recognition period								2 years 2 months 23 days	2 years 2 months 23 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Nonvested Options Forfeited, Number of Shares								75,000	75,000
2012 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum aggregate number of shares issued								44,758,220						44,758,220
Number of share options granted							0
2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangements expiration Period								10 years	10 years
Unrecognized compensation expense \| ¥														¥ 376,594
Weighted average recognition period								2 years 7 months 9 days	2 years 7 months 9 days
Weighted average remaining contractual term options outstanding								7 years 3 months 7 days	7 years 3 months 7 days
2014 Plan [Member] \| Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum aggregate number of shares issued							14,031,194
Increase in number of shares reserved for future issuances								1.50%	1.50%
Number of shares reserved for future issuances, description								Starting from 2017, the number of shares reserved for future issuances under the 2014 Plan will be increased by a number equal to 1.5% of the total number of outstanding shares on the last day of the immediately preceding calendar year, or such lesser number of Class A ordinary shares as determined by the Company’s board of directors, on the first day of each calendar year during the term of the 2014 Plan.	Starting from 2017, the number of shares reserved for future issuances under the 2014 Plan will be increased by a number equal to 1.5% of the total number of outstanding shares on the last day of the immediately preceding calendar year, or such lesser number of Class A ordinary shares as determined by the Company’s board of directors, on the first day of each calendar year during the term of the 2014 Plan.
2014 Plan [Member] \| RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, vesting period								4 years	4 years
2014 Plan [Member] \| RSUs [Member] \| Independent Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share options granted	130,000	130,000	130,000
2014 Plan [Member] \| Employee and Executives Share Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation \| ¥									¥ 246,551		¥ 363,361		460,227
2015 Plan [Member] \| Tantan Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum aggregate number of shares issued				9,039,035											2,793,812	2,000,000	1,000,000
2018 Plan [Member] \| Tantan Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum aggregate number of shares issued				29,818,370	5,963,674
Share based compensation arrangements expiration Period					10 years
Number of shares reserved for issuance, description								the maximum aggregate number of shares which may be issued shall initially be 5,963,674 ordinary shares, plus that number of ordinary shares authorized for issuance under the 2015 Plan, in an amount equal to (i) the number of ordinary shares that were not granted pursuant to the 2015 Plan, plus (ii) the number of ordinary shares that were granted pursuant to the 2015 Plan that have expired without having been exercised in full or have otherwise become unexercisable.	the maximum aggregate number of shares which may be issued shall initially be 5,963,674 ordinary shares, plus that number of ordinary shares authorized for issuance under the 2015 Plan, in an amount equal to (i) the number of ordinary shares that were not granted pursuant to the 2015 Plan, plus (ii) the number of ordinary shares that were granted pursuant to the 2015 Plan that have expired without having been exercised in full or have otherwise become unexercisable.
2018 Plan [Member] \| Options classified as Equity Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining contractual term options outstanding								5 years 8 months 8 days	5 years 8 months 8 days	6 years 6 months 29 days	6 years 6 months 29 days
Number of options, Granted								46,000	46,000
2018 Plan [Member] \| Options classified as Equity Awards [Member] \| Tantan Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vested								3,079,483	3,079,483
Options expected to vest								439,684						439,684
Options expected to vest, weighted-average exercise price \| $ / shares								$ 0.07
Options expected to vest, Aggregate intrinsic value \| $								$ 0		$ 0
Weighted average fair value per option at grant date, Granted \| $ / shares								$ 0		$ 0		$ 1.39
Share-based compensation \| ¥									¥ 14,751		¥ 28,788		¥ 76,989
Unrecognized compensation expense \| ¥														¥ 370
Weighted average recognition period								11 months 4 days	11 months 4 days
Weighted average remaining contractual term options outstanding								5 years 8 months 8 days	5 years 8 months 8 days
2018 Plan [Member] \| Options classified as Liability Awards [Member] \| Tantan Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation \| ¥									¥ 0		¥ 0
2018 Plan [Member] \| Founders [Member] \| Options classified as Liability Awards [Member] \| Tantan Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, vesting period						4 years
Number of options, Granted						17,891,025

Fair Value

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Fair Value

12.	FAIR VALUE

Measured on a recurring basis

The Group measures its financial assets and liabilities including cash and cash equivalents, short-term investments and fair value option investment at fair value on a recurring basis as of December 31, 2022 and 2023. Cash and cash equivalents are classified within Level 1 of the fair value hierarchy because they are valued based on the quoted market price in an active market. Short-term investments consist of wealth management products with a variable interest rate and the Group elects the fair value option to record investments at fair value. The Group values its wealth management products using alternative pricing sources and models utilizing market observable inputs, and accordingly the Group classifies the valuation techniques that use these inputs as Level 2. For fair value option investments that use NAV practical expedient to measure fair value, it is not categorized in the fair value hierarchy per ASC 820.

As of December 31, 2022 and 2023, information about inputs for the fair value measurements of the Group’s assets that are measured at fair value on a recurring basis in periods subsequent to their initial recognition is as follows:


	Fair Value Measured as of December 31,
Description	2023		Quoted Prices in Active Market for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	RMB		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents		5,620,466		5,620,466		—		—

Total		5,620,466		5,620,466		—		—


	Fair Value Measured as of December 31,
Description	2022		Quoted Prices in Active Market for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	RMB		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents		5,018,129		5,018,129		—		—
Short-term investments		300,240		—		300,240		—

Total		5,318,369		5,018,129		300,240		—

Disclosed on a recurring basis

The fair value of the Notes was determined based on inputs that are observable in the market or that could be derived from, or corroborated with, observable market data, including the trading price of the Company’s convertible notes, when available, the Company’s stock price and interest rates based on similar debt issued by parties with credit ratings similar to the Company (Level 2). As of December 31, 2022 and 2023, the fair value of the Notes was RMB2,555,530 and RMB19,854, respectively.

As of December 31, 2022 and 2023, the fair value of the short-term deposits and long-term deposits was RMB8,246,994 and RMB5,248,881, respectively, and the interest rates were determined based on the prevailing interest rates in the market (Level 2).

Interest rates under the long-term borrowing agreements with the lending parties were determined based on the prevailing interest rates in the market (Level 2). The carrying value of the long-term borrowing approximates to fair value.

Measured on nonrecurring basis

The Group measures its equity method investments at fair value on a nonrecurring basis whenever events or changes in circumstances indicate that the carrying value may not be recoverable. During the years ended December 31, 2022 and 2023, the Group recorded an impairment loss of RMB4,600 and nil, respectively.

For equity securities without readily determinable fair value for which the Group elected to use the measurement alternative, the investment is measured at fair value on a nonrecurring basis whenever there is an impairment or any changes resulting from observable price changes in an orderly transaction for an identical or a similar investment of the same issuer. During the years ended December 31, 2022 and 2023, the Group performed an impairment test on its equity securities without readily determinable fair value investees and recorded an impairment loss of RMB11,250 and RMB31,250, respectively.

Such impairments are considered level 3 fair value measurements because the Group used unobservable inputs such as the management projection of discounted future cash flow and the discount rate.

The Group’s intangible assets are primarily acquired through business acquisitions. The group measures its intangible assets at fair value on a nonrecurring basis annually or whenever events or changes in circumstances indicate that carrying amount of a reporting unit exceeds its fair value. Acquired intangible assets are measured using the income approach — discounted cash flow method when events or changes in circumstance indicate that the carrying amount of an asset may no longer be recoverable.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Organization and Principal Activities

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Organization and Principal Activities

1.	ORGANIZATION AND PRINCIPAL ACTIVITIES

Hello Group Inc. (the “Company”) is the holding company for a group of companies, which was incorporated in the British Virgin Islands (“BVI”) on November 23, 2011. In July 2014, the Company was redomiciled in the Cayman Islands (“Cayman”) as an exempted company registered under the laws of the Cayman Islands, and was renamed Momo Inc

In August 2021, the Company changed its name from “Momo Inc.” to “Hello Group Inc.”. The Company, its subsidiaries, which include the wholly-foreign owned enterprises (“WFOEs”), consolidated variable interest entities (“VIEs”) and VIEs’ subsidiaries (collectively the “Group”) are principally engaged in providing mobile-based social and entertainment services. The Group started its operation in July 2011. The Group started its monetization in the third quarter of 2013, by offering a platform for live video services, value-added services, mobile marketing services, mobile games and other services.

In May 2018, the Company completed the acquisition of 100% equity stake of Tantan Limited (“Tantan”). Tantan is a leading social and dating app that was founded in 2014. Tantan is designed to help its users find and establish romantic connections as well as meet interesting people. The total consideration consisted of cash consideration of RMB3,930,246 (US$613,181) and 5,328,853 Class A ordinary shares of the Company.

As of December 31, 2023, details of the Company’s major subsidiaries, VIEs and VIEs’ subsidiaries are as follows:


Major subsidiaries
Momo Technology HK Company Limited (“Momo HK”)
Beijing Momo Information Technology Co., Ltd. (“Beijing Momo IT”)
Tantan Limited (“Tantan”)
Tantan Hong Kong Limited (“Tantan HK”)
Tantan Technology (Beijing) Co., Ltd. (“Tantan Technology”)
QOOL Media Inc. (“QOOL Inc.”)
QOOL Media Technology (Tianjin) Co., Ltd.
SpaceCape Technology Pte. Ltd.
Major VIEs
Beijing Momo Technology Co., Ltd. (“Beijing Momo”) *
QOOL Media (Tianjin) Co., Ltd. (“QOOL Tianjin”) *
Tantan Culture Development (Beijing) Co., Ltd. (“Tantan Culture”) *
Hainan Miaoka Network Technology Co., Ltd. (“Miaoka”) *
Beijing Top Maker Culture Co, Ltd. (“Beijing Top Maker”) *
Beijing Perfect Match Technology Co, Ltd. (“Beijing Perfect Match”) *
SpaceTime (Beijing) Technology Co, Ltd. (“SpaceTime Beijing”) *
Tianjin Nishuodedoudui Technology Co., Ltd. (“Tianjin Nishuodedoudui”) *
Hainan Yilingliuer Network Technology Co., Ltd. (“Hainan Yilingliuer”) *
Major VIEs’ subsidiaries
Chengdu Momo Technology Co., Ltd. (“Chengdu Momo”) *
Tianjin Heer Technology Co., Ltd. (“Tianjin Heer”) *
Loudi Momo Technology Co., Ltd. (“Loudi Momo”) *
Tianjin Apollo Exploration Culture Co., Ltd. (“Tantan Apollo”) *

*	These entities are controlled by the Company pursuant to the contractual arrangements disclosed below.

The VIE arrangements

The People’s Republic of China (“PRC”) regulations currently limit direct foreign ownership of business entities providing value-added telecommunications services, advertising services and internet services in the PRC where certain licenses are required for the provision of such services. The Group provides substantially all of its services in China through certain PRC domestic companies, which hold the operating licenses and approvals to enable the Group to provide such mobile internet content services in the PRC. Specifically, these PRC domestic companies that are material to the Company’s business are Beijing Momo, Chengdu Momo, Tianjin Heer, Loudi Momo, QOOL Tianjin, Miaoka, Tantan Culture, Beijing Top Maker, Beijing Perfect Match, SpaceTime Beijing, Tantan Apollo, Tianjin Nishuodedoudui and Hainan Yilingliuer. The equity interests of these PRC domestic companies are held by PRC citizens or by PRC entities owned and/or controlled by PRC citizens.

The Company obtained control over consolidated VIEs by entering into a series of contractual arrangements with the VIEs and their equity holders (the “Nominee Shareholders”), which enable the Company to (1) have power to direct the activities that most significantly affects the economic performance of the VIEs, and (2) receive the economic benefits of the VIEs that could be significant to the VIEs. Accordingly, the Company is considered the primary beneficiary of VIEs and has consolidated the VIEs’ financial results of operations, assets and liabilities in the Company’s consolidated financial statements. In making the conclusion that the Company is the primary beneficiary of the VIEs, the Company’s rights under the Power of Attorney also provide the Company’s abilities to direct the activities that most significantly impact the VIEs economic performance. The Company also believes that this ability to exercise control ensures that the VIEs will continue to execute and renew the Exclusive Cooperation Agreements and pay service fees to the Company. By charging service fees in whatever amounts the Company deems fit, and by ensuring that the Exclusive Cooperation Agreements is executed and renewed indefinitely, the Company has the rights to receive substantially all of the economic benefits from the VIEs.

Details of the typical structure of the Company’s significant VIEs are set forth below:

Agreements that provide the Company effective control over the VIEs:

(1)

Power of Attorneys

Pursuant to the Power of Attorneys, the Nominee Shareholders of the VIEs each irrevocably appointed respective WFOEs as the

attorney-in-fact

to act on their behalf on all matters pertaining to the VIEs and to exercise all of their rights as a shareholder of the VIEs, including but not limited to convene, attend and vote on their behalf at shareholders’ meetings, designate and appoint directors and senior management members. The WFOEs may authorize or assign their rights under this appointment to a person as approved by its board of directors at its sole discretion. Each power of attorney will remain in force until the shareholder ceases to hold any equity interest in the VIEs. The Company believes the Powers of Attorneys can demonstrate the power of its WFOEs to direct how the VIEs should conduct their daily operations.

(2)

Exclusive Call Option Agreements

Under the Exclusive Call Option Agreements among the WFOEs, the VIEs and their Nominee Shareholders, each of the Nominee Shareholders irrevocably granted the respective WFOE or its designated representative(s) an exclusive option to purchase, to the extent permitted under PRC law, all or part of his, her or its equity interests in the VIEs at the consideration equal to the nominal price or at lowest price as permitted by PRC laws.

The WFOEs or their designated representative(s) have sole discretion as to when to exercise such options, either in part or in full. Without the WFOEs’ written consent, the Nominee Shareholders of the VIEs shall not transfer, donate, pledge, or otherwise dispose any equity interests of the VIEs in any way. In addition, any consideration paid by the WFOEs to the Nominee Shareholders of the VIEs in exercising the option shall be transferred back to the respective WFOE or its designated representative(s). This agreement could be terminated when all the shareholders’ equity were acquired by the WFOEs or their designated representative(s) subject to the law of PRC.

In addition, the VIEs irrevocably granted the WFOEs an exclusive and irrevocable option to purchase any or all of the assets owned by the VIEs at the lowest price permitted under PRC law. Without the WFOEs’ prior written consent, the VIEs and their Nominee Shareholders will not sell, transfer, mortgage or otherwise dispose of the VIEs’ material assets, legal or beneficial interests or revenues of more than certain amount or allow an encumbrance on any interest in the VIEs.

(3)

Spousal Consent Letters

Each spouse of the married Nominee Shareholders of the VIEs entered into a Spousal Consent Letter, which unconditionally and irrevocably agreed that the equity interests in the VIEs held by and registered in the name of their spouse will be disposed of pursuant to the Equity Interest Pledge Agreements, the Exclusive Call Option Agreements, and the Power of Attorneys. Each spouse agreed not to assert any rights over the equity interests in the VIEs held by their spouse. In addition, in the event that the spouse obtains any equity interests in the VIEs held by their spouse for any reason, they agreed to be bound by the contractual arrangements.

Agreements that transfer economic benefits to the Company:

(1)

Exclusive Cooperation Agreements

Each relevant VIEs has entered into an exclusive technology services agreement or an exclusive services agreement with the respective WFOEs, pursuant to which the relevant WFOEs provides exclusive services to the VIEs. In exchange, the VIEs pay a service fee to the WFOEs, the amount of which shall be determined, to the extent permitted by applicable PRC laws as proposed by the WFOEs, resulting in a transfer of substantially all of the profits from the VIEs to the WFOEs.

(2)

Equity Interest Pledge Agreements

Under the equity interest pledge agreement among the WFOEs and each of the Nominee Shareholders of the VIEs, the Nominee Shareholders pledged all of their equity interests in the VIEs to the respective WFOEs to guarantee the VIEs’ and their shareholders’ payment obligations arising from the Exclusive Cooperation Agreements, Business Operations Agreements and the Exclusive Call Option Agreements, including but not limited to, the payments due to the respective WFOEs for services provided.

If any VIEs or any of their Nominee Shareholders breaches their contractual obligations under the above agreements, the respective WFOEs, as the pledgee, will be entitled to certain rights and entitlements, including receiving priority proceeds from the auction or sale of whole or part of the pledged equity interests of the VIEs in accordance with PRC legal procedures. During the term of the pledge, the shareholders of the VIEs shall cause the VIEs not to distribute any dividends and if they receive any dividends generated by the pledged equity interests, they shall transfer such received amounts to an account designated by the respective parties according to the instruction of the respective WFOEs.

The pledge will remain binding until the VIEs and their Nominee Shareholders have fully performed all their obligations under the Exclusive Cooperation Agreements, Business Operations Agreements and Exclusive Call Option Agreements.

(3)

Business Operations Agreements

Under the Business Operations Agreements among the WFOEs, the VIEs and the Nominee Shareholders of the VIEs, without the prior written consent of the WFOEs or their designated representative(s), the VIEs shall not conduct any transaction that may substantially affect the assets, business, operation or interest of the WFOEs. The VIEs and Nominee Shareholders shall also follow the WFOEs’ instructions on management of the VIEs’ daily operation, finance and employee matters and appoint the nominee(s) designated by the WFOEs as the director(s) and senior management members of the VIEs. In the event that any agreements between the WFOEs and the VIEs terminates, the WFOEs have the sole discretion to determine whether to continue any other agreements with the VIEs. The WFOEs are entitled to any dividends or other interests declared by the VIEs and the shareholders of the VIEs have agreed to promptly transfer such dividends or other interests to the WFOEs. The agreement shall remain effective for 10 years. At the discretion of the WFOEs, this agreement will be renewed on applicable expiration dates, or the WFOEs and the VIEs will enter into another exclusive agreement.

Through these contractual agreements, the Company has the ability to effectively control the VIEs and is also able to receive substantially all the economic benefits of the VIEs.

Risk in relation to the VIE structure

The Company believes that the WFOEs’ contractual arrangements with the VIEs are in compliance with PRC law and are legally enforceable. The shareholders of the VIEs are also shareholders of the Company and therefore have no current interest in seeking to act contrary to the contractual arrangements. However, uncertainties in the PRC legal system could limit the Company’s ability to enforce these contractual arrangements and if the shareholders of the VIEs were to reduce their interest in the Company, their interests may diverge from that of the Company and that may potentially increase the risk that they would seek to act contrary to the contractual terms, for example by influencing the VIEs not to pay the service fees when required to do so.

However, the Company cannot assure that when conflicts of interest arise, the shareholders will act in the best interests of the Company or that conflicts of interests will be resolved in the Company’s favor. Currently, the Company does not have existing arrangements to address potential conflicts of interest the shareholders of the VIEs may encounter in their capacity as the beneficial owners and director of the VIEs on the one hand, and as beneficial owners and directors or officer of the Company, on the other hand. The Company believes the shareholders of the VIEs will not act contrary to any of the contractual arrangements and the Exclusive Call Option Agreements provides the Company with a mechanism to remove the shareholders as the beneficial shareholders of the VIEs should they act to the detriment of the Company. The Company relies on the VIEs’ shareholders, as directors and officer of the Company, to fulfill their fiduciary duties and abide by laws of the PRC and the Cayman and act in the best interest of the Company. If the Company cannot resolve any conflicts of interest or disputes between the Company and the VIEs’ shareholders, the Company would have to rely on legal proceedings, which could result in disruption of its business, and there is substantial uncertainty as to the outcome of any such legal proceedings.

The Company’s ability to control the VIEs also depends on the Power of Attorneys. The WFOEs and VIEs have to vote on all matters requiring shareholder approval in the VIEs. As noted above, the Company believes these Power of Attorneys are legally enforceable but may not be as effective as direct equity ownership.

In addition, if the legal structure and contractual arrangements were found to be in violation of any existing PRC laws and regulations, the PRC government could:

•

revoke the Group’s business and operating licenses;

•

require the Group to discontinue or restrict operations;

•

restrict the Group’s right to collect revenues;

•

block the Group’s websites;

•

require the Group to restructure the operations in such a way as to compel the Group to establish a new enterprise,

re-apply

for the necessary licenses or relocate our businesses, staff and assets;

•

requiring the Group to restructure the ownership structure or operations, including terminating the contractual arrangements with the VIEs and deregistering the equity pledges of the VIEs, which in turn would affect the ability to consolidate, derive economic interests from, or exert effective control over VIEs;

•

restricting or prohibiting the use of the proceeds of any of offshore financings to finance the business and operations in china;

•

impose additional conditions or requirements with which the Group may not be able to comply; or

•

take other regulatory or enforcement actions against the Group that could be harmful to the Group’s business.

The imposition of any of these penalties may result in a material and adverse effect on the Group’s ability to conduct the Group’s business. In addition, if the imposition of any of these penalties causes the Company to lose the rights to direct the activities of the VIEs or the right to receive their economic benefits, the Company would no longer be able to consolidate the VIEs. The Group does not believe that any penalties imposed or actions taken by the PRC government would result in the liquidation of the Company, WFOEs, or the VIEs.

The following consolidated financial statements amounts and balances of the VIEs were included in the accompanying consolidated financial statements after the elimination of intercompany balances and transactions as of and for the years ended December 31:


	As of December 31,

	2022		2023
	RMB		RMB
Cash and cash equivalents		2,108,248		2,622,793
Short-term deposits		850,000		—
Other current assets		654,109		533,132

Total current assets		3,612,357		3,155,925
Long-term deposits		—		150,000
Long-term investments		380,187		295,840
Other non-current assets		291,841		314,121

Total assets		4,284,385		3,915,886

Accounts payable		509,042		521,303
Deferred revenue		469,076		428,547
Other current liabilities		451,793		355,822

Total current liabilities		1,429,911		1,305,672
Other non-current liabilities		34,059		29,279

Total liabilities		1,463,970		1,334,951


	For the years ended December 31,

	2021		2022		2023
	RMB		RMB		RMB
Net revenues		14,336,539		12,152,997		11,203,950
Net income		5,674,607		4,593,510		4,179,878
Net cash provided by operating activities		5,748,529		4,445,523		4,118,893
Net cash provided by investing activities		254,093		451,928		726,076
Net cash provided by financing activities		—		—		—

The unrecognized revenue-producing assets that are held by the VIEs are primarily self-developed intangible assets such as domain names, trademark and various licenses which are

un-recognized

on the consolidated balance sheets.

The VIEs contributed an aggregate of 98.4%, 95.7% and 93.3% of the consolidated net revenues for each of the years ended December 31, 2021, 2022 and 2023, respectively. As of the fiscal years ended December 31, 2022 and 2023, the VIEs accounted for an aggregate of 27.1% and 24.1%, respectively, of the consolidated total assets, and 29.9% and 31.5%, respectively, of the consolidated total liabilities. The assets that were not associated with the VIEs primarily consist of cash and cash equivalents, short-term deposits and long-term deposits.

There are no consolidated VIEs’ assets that are collateral for the VIEs’ obligations and can only be used to settle the VIEs’ obligations. There are no creditors (or beneficial interest holders) of the VIEs that have recourse to the general credit of the Company or any of its consolidated subsidiaries. There are no

terms in any arrangements, considering both explicit arrangements and implicit variable interests that require the Company or its subsidiaries to provide financial support to the VIEs. However, if the VIEs ever need financial support, the Company or its subsidiaries may, at its option and subject to statutory limits and restrictions, provide financial support to consolidated VIEs through loans to the shareholders of the VIEs or entrustment loans to the VIEs. Relevant PRC laws and regulations restrict the VIEs from transferring a portion of their net assets, equivalent to the balance of their statutory reserve and their share capital, to the Company in the form of loans and advances or cash dividends. Please refer to Note 22 for disclosure of restricted net assets. The Group may lose the ability to use and enjoy assets held by the VIEs that are important to the operation of business if the VIEs declare bankruptcy or become subject to a dissolution or liquidation proceeding.

Share-Based Compensation - Summary of Options Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Outstanding beginning balance	28,244,623
Number of options, Granted	7,888,864
Number of options, Exercised	(6,349,148)
Number of options, Forfeited	(500,386)
Number of options, Outstanding ending balance	29,283,953	28,244,623
Number of options, Exercisable	15,275,055
Weighted average exercise price per option, Outstanding beginning balance	$ 0.0157
Weighted average exercise price per option, Granted	0.0002
Weighted average exercise price per option, Exercised	0.0133
Weighted average exercise price per option, Forfeited	0.0002
Weighted average exercise price per option, Outstanding ending balance	0.0123	$ 0.0157
Weighted average exercise price per option, Exercisable	$ 0.0234
Weighted average remaining contractual term options outstanding	7 years 3 months 7 days	6 years 4 months 24 days
Weighted average remaining contractual life, Exercisable	5 years 9 months 29 days
Aggregated intrinsic value, Outstanding beginning balance	$ 101,402	$ 126,375
Aggregated intrinsic value, Exercisable	$ 52,724
Options classified as Equity Awards [Member] \| 2018 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Outstanding beginning balance	4,621,016
Number of options, Granted	46,000
Number of options, Repurchased	(393,457)
Number of options, Forfeited	(461,258)
Number of options, Outstanding ending balance	3,812,301	4,621,016
Number of options, Exercisable	3,079,483
Weighted average exercise price per option, Outstanding beginning balance	$ 1.4607
Weighted average exercise price per option, Granted	$ 0.0001
Weighted average exercise price per option, Repurchased	0.993
Weighted average exercise price per option, Forfeited	$ 0.1361
Weighted average exercise price per option, Outstanding ending balance	1.6516	$ 1.4607
Weighted average exercise price per option, Exercisable	$ 2.0289
Weighted average remaining contractual term options outstanding	5 years 8 months 8 days	6 years 6 months 29 days
Weighted average remaining contractual life, Exercisable	5 years 14 days
Aggregated intrinsic value, Outstanding beginning balance	$ 0	$ 0
Aggregated intrinsic value, Exercisable	$ 0

Net Income (Loss) Per Share - Calculation of Net Income (loss) Per Share (Detail) ¥ / shares in Units, ¥ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥) ¥ / shares shares	Dec. 31, 2023 $ / shares	Dec. 31, 2022 CNY (¥) ¥ / shares shares	Dec. 31, 2021 CNY (¥) ¥ / shares shares
Numerator:
Net (loss) income attributed to ordinary shareholders for computing net (loss) income per ordinary share-basic and diluted \| ¥	¥ 1,957,581		¥ 1,484,283	¥ (2,913,708)
Denominator for computing net (loss) income per share-basic:
Weighted average ordinary shares outstanding used in computing net (loss) income per ordinary share-basic	377,639,399		390,176,367	404,701,910
Denominator for computing net (loss) income per share-diluted:
Weighted average shares outstanding used in computing net (loss) income per ordinary share-diluted	401,833,328		423,810,279	404,701,910
Net (loss) income per ordinary share attributable to Hello Group Inc. – basic \| (per share)	¥ 5.18	$ 0.73	¥ 3.8	¥ (7.2)
Net (loss) income per ordinary share attributable to Hello Group Inc. – diluted \| (per share)	¥ 4.92	$ 0.69	¥ 3.65	¥ (7.2)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

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+ Details

Related Party Balances and Transactions - Schedule of Amount Due to Related Parties-current (Parenthetical) (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Unpaid Revenue [Member] \| Hunan Qindao Network Media Technology Co., Ltd. [Member]
Related Party Transaction [Line Items]
Amount due to related parties	¥ 4,314	¥ 9,178

Accrued Expenses and Other Current Liabilities

12 Months Ended

Dec. 31, 2023

Payables and Accruals [Abstract]

Accrued Expenses and Other Current Liabilities

8.	ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consisted of the following:


	As of December 31,
	2022		2023
	RMB		RMB
Accrued payroll and welfare		210,853		188,089
Balance of users’ virtual accounts		136,757		138,926
Payable for advertisement		135,569		119,635
Accrued professional services and related service fee		54,833		49,489
Other tax payables		48,752		49,136
VAT payable		16,333		24,932
Payable for repurchase of subsidiary’s share options		25,604		11,729
Contingent loss liability (Note 18)		92,881		—
Others		75,922		48,681

Total		797,504		630,617

Segment Information - Components of Revenues (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Revenue from External Customer [Line Items]
Net revenues	$ 1,690,492	¥ 12,002,323	¥ 12,704,172	¥ 14,575,719
Cost and expenses:
Cost of revenues	(989,506)	(7,025,394)	(7,421,419)	(8,383,431)
Research and development	(124,592)	(884,590)	(1,006,219)	(1,131,781)
Sales and marketing	(199,291)	(1,414,949)	(2,073,617)	(2,604,309)
General and administrative		(502,479)	(596,006)	(624,700)
Impairment loss on goodwill and intangible assets	0	0	0	(4,397,012)
Total cost and expenses	(1,384,162)	(9,827,412)	(11,097,261)	(17,141,233)
Other operating income	18,325	130,105	20,632	175,947
(Loss) income from operations	324,655	2,305,016	1,627,543	(2,389,567)
Interest income	61,445	436,253	368,879	384,279
Interest expense	(8,764)	(62,223)	(83,530)	(73,776)
Other gain or (loss), net	(3,759)	(26,685)	118,325	(16,000)
Income tax (expenses) benefits	(88,737)	(630,023)	(562,281)	(822,556)
Share of (loss) income on equity method investments	(9,950)	(70,643)	11,073	(8,084)
Net income (loss)	$ 274,890	1,951,695	1,480,009	(2,925,704)
Unallocated segment [Member]
Revenue from External Customer [Line Items]
Net revenues				0
Cost and expenses:
Cost of revenues				0
Research and development				0
Sales and marketing				0
General and administrative				0
Impairment loss on goodwill and intangible assets				(4,397,012)
Total cost and expenses				(4,397,012)
Other operating income				0
(Loss) income from operations				(4,397,012)
Interest income				0
Interest expense				0
Other gain or (loss), net				0
Income tax (expenses) benefits				0
Share of (loss) income on equity method investments				0
Net income (loss)				(4,397,012)
Momo Inc [Member]
Revenue from External Customer [Line Items]
Net revenues		10,798,507	11,335,094	12,541,205
Cost and expenses:
Cost of revenues		(6,404,042)	(6,704,020)	(7,301,048)
Research and development		(664,340)	(737,380)	(828,688)
Sales and marketing		(1,138,505)	(1,346,692)	(1,420,130)
General and administrative		(467,537)	(547,798)	(619,922)
Impairment loss on goodwill and intangible assets				0
Total cost and expenses		(8,674,424)	(9,335,890)	(10,169,788)
Other operating income		125,318	8,753	138,884
(Loss) income from operations		2,249,401	2,007,957	2,510,301
Interest income		435,451	368,051	383,028
Interest expense		(62,223)	(83,530)	(73,776)
Other gain or (loss), net		(26,685)	118,325	(16,000)
Income tax (expenses) benefits		(623,844)	(586,663)	(844,987)
Share of (loss) income on equity method investments		(70,643)	11,073	(8,084)
Net income (loss)		1,901,457	1,835,213	1,950,482
Tantan Limited [Member]
Revenue from External Customer [Line Items]
Net revenues		1,196,559	1,367,853	2,029,184
Cost and expenses:
Cost of revenues		(599,348)	(714,936)	(1,044,852)
Research and development		(220,250)	(268,839)	(303,093)
Sales and marketing		(268,652)	(721,889)	(1,180,146)
General and administrative		(26,482)	(33,234)	18,401
Impairment loss on goodwill and intangible assets				0
Total cost and expenses		(1,114,732)	(1,738,898)	(2,509,690)
Other operating income		4,411	11,830	37,029
(Loss) income from operations		86,238	(359,215)	(443,477)
Interest income		713	544	1,091
Interest expense		0	0	0
Other gain or (loss), net		0	0	0
Income tax (expenses) benefits		(6,179)	24,382	22,431
Share of (loss) income on equity method investments		0	0	0
Net income (loss)		80,772	(334,289)	(419,955)
Qool Inc [Member]
Revenue from External Customer [Line Items]
Net revenues		7,257	1,225	5,330
Cost and expenses:
Cost of revenues		(22,004)	(2,463)	(37,531)
Research and development		0	0	0
Sales and marketing		(7,792)	(5,036)	(4,033)
General and administrative		(8,460)	(14,974)	(23,179)
Impairment loss on goodwill and intangible assets				0
Total cost and expenses		(38,256)	(22,473)	(64,743)
Other operating income		376	49	34
(Loss) income from operations		(30,623)	(21,199)	(59,379)
Interest income		89	284	160
Interest expense		0	0	0
Other gain or (loss), net		0	0	0
Income tax (expenses) benefits		0	0	0
Share of (loss) income on equity method investments		0	0	0
Net income (loss)		¥ (30,534)	¥ (20,915)	¥ (59,219)

Distribution To Shareholders

12 Months Ended

Dec. 31, 2023

Distribution To Shareholders [Abstract]

Distribution To Shareholders

15.	DISTRIBUTION TO SHAREHOLDERS

On March 25, 2021, the Company declared a special cash dividend in the amount of US$0.64 per ADS, or US$0.32 per ordinary share. US$132,032 (RMB852,743) cash dividend was paid in

April 2021

to shareholders of record at the close of business on April 13, 2021. The

ex-dividend

date was April 12, 2021. The cash dividend was recorded as a reduction of retained earnings.

On March 24, 2022, the Company declared a special cash dividend in the amount of US$0.64 per ADS, or US$0.32 per ordinary share. US$127,262 (RMB840,997) cash dividend was paid in

April 2022

to shareholders of record at the close of business on April 13, 2022. The

ex-dividend

date was April 12, 2022. The cash dividend was recorded as a reduction of retained earnings.

On March 16, 2023, the Company declared a special cash dividend in the amount of US$0.72 per ADS, or US$0.36 per ordinary share. US$136,555 (RMB958,052) cash dividend was paid in

2023

to shareholders of record at the close of business on April 28, 2023. The

ex-dividend

date was April 27, 2023. The cash dividend was recorded as a reduction of retained earnings.

Significant Accounting Policies - Components of Revenues (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Momo Inc [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	¥ 10,798,507	¥ 11,335,094	¥ 12,541,205
Momo Inc [Member] \| Live Video Service [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	5,567,894	5,966,323	7,475,809
Momo Inc [Member] \| Value-added Services [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	5,085,541	5,183,302	4,845,744
Momo Inc [Member] \| Mobile Marketing [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	109,125	124,956	159,010
Momo Inc [Member] \| Mobile Games [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	19,610	55,732	47,712
Momo Inc [Member] \| Other Services [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	16,337	4,781	12,930
Tantan Limited [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	1,196,559	1,367,853	2,029,184
Tantan Limited [Member] \| Live Video Service [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	504,977	544,137	903,136
Tantan Limited [Member] \| Value-added Services [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	667,030	823,716	1,126,048
Tantan Limited [Member] \| Mobile Marketing [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	24,552
Qool Inc [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	7,257	1,225	5,330
Qool Inc [Member] \| Other Services [Member]
Revenue From Contract With Customers [Line Items]
Total revenues	¥ 7,257	¥ 1,225	¥ 5,330

Intangible Assets, Net - Schedule of Future Amortization Expense (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
2024	¥ 5,116
2025	5,116
2026	5,116
2027	1,358
2028	104
Thereafter	276
Net book value	¥ 17,086	¥ 22,203

Income Taxes - Components of Group's Deferred Tax Assets and Liabilities (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred tax assets:
Advertising expense	¥ 398,842	¥ 403,600
Net operating loss carry-forward	241,440	224,193
Accrued expenses	23,125	24,601
Impairment on long-term investments	22,367	20,929
Less: valuation allowance	(654,033)	(638,980)
Deferred tax assets, net	31,741	34,343
Deferred tax liabilities:
Intangible assets acquired	4,073	5,327
Accelerated tax depreciation	5,216	4,999
Withholding income tax	15,698	11,685
Deferred tax liabilities, net	¥ 24,987	¥ 22,011

Prepaid Expenses and Other Current Assets

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Current Assets

4.	PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consisted of the following:


	As of December 31,
	2022		2023
	RMB		RMB
Deposits with third-party payment channels (i)		242,863		245,052
Interest receivable		346,994		233,280
Input VAT (ii)		58,058		94,063
Advance to suppliers (iii)		81,821		78,118
Deferred platform commission cost		32,004		30,539
Prepaid service fee and issuance fee		26,172		17,004
Others		31,794		25,308

		819,706		723,364

(i)

Deposits with third-party payment channels are mainly the cash deposited in certain third-party payment channels by the Group for the broadcasters and the gift recipients who received the virtual items in the value-added service to withdraw their revenue sharing and the customer payment to the Group’s account through the third-party payment channels.

(ii)	Input VAT mainly occurred from the purchasing of goods or other services, property and equipment and advertising activities. It is subject to verification by related tax authorities before offsetting the VAT output.

(iii)

Advance to suppliers were primarily for advertising fees and related service fees.

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Components of Group's Deferred Tax Assets and Liabilities

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Group’s deferred tax assets and liabilities are as follows:


	As of December 31,
	2022			2023
	RMB			RMB
Deferred tax assets:
Advertising expense		403,600			398,842
Net operating loss carry-forward		224,193			241,440
Accrued expenses		24,601			23,125
Impairment on long-term investments		20,929			22,367
Less: valuation allowance		(638,980	)		(654,033	)

Deferred tax assets, net		34,343			31,741

Deferred tax liabilities:
Intangible assets acquired		5,327			4,073
Accelerated tax depreciation		4,999			5,216
Withholding income tax		11,685			15,698

Deferred tax liabilities, net		22,011			24,987

Schedule of Reconciliation between Income Tax Expense to Income before Income Taxes and Actual Provision for Income Tax

Reconciliation between income tax expense computed by applying the PRC EIT rate of 25% to income before income taxes and the actual provision for income tax is as follows:


	For the year ended December 31,
	2021			2022			2023
	RMB			RMB			RMB
Net (loss) income before provision for income tax		(2,095,064	)		2,031,217			2,652,361
PRC statutory tax rate		25	%		25	%		25	%
Income tax (benefit) expense at statutory tax rate		(523,766	)		507,804			663,090
Permanent differences and Research and development super-deduction		(55,871	)		(34,966	)		(76,414	)
Change in valuation allowance		118,570			64,389			31,283
Effect of income tax rate difference in other jurisdictions		1,201,729			35,564			41,854
Effect of tax holidays and preferential tax rates		(195,209	)		(147,894	)		(213,804	)
Effect of the preferential tax rate adjustment of prior year’s EIT		(60,325	)		(26,873	)		—
Effect of PRC withholding tax		337,428			164,257			184,014

Provision for income tax		822,556			562,281			630,023

Increase in Income Tax Expenses and Net Income Per Share Amounts

If Beijing Momo IT, Chengdu Momo and Tantan Technology did not enjoy income tax exemptions and preferential tax rates for the years ended December 31, 2021, 2022 and 2023, the increase in income tax expenses and resulting net (loss) income per share amounts would be as follows:


	For the year ended December 31,
	2021			2022		2023
	RMB			RMB		RMB
Increase in income tax expenses		195,209			147,894		213,804
Net (loss) income per ordinary share attributable to Hello Group Inc. - basic		(7.68	)		3.43		4.62
Net (loss) income per ordinary share attributable to Hello Group Inc. - diluted		(7.68	)		3.30		4.39

Short-Term Investments - Summary of Short Term Investment (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Short Term Investment [Line Items]
Variable-rate financial instruments	$ 0	¥ 0	¥ 300,240
Variable-rate financial instruments [Member]
Short Term Investment [Line Items]
Variable-rate financial instruments		¥ 0	¥ 300,240

Accrued Expenses and Other Current Liabilities - Schedule of Accrued Expenses and Other Current Liabilities (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Payables and Accruals [Abstract]
Accrued payroll and welfare		¥ 188,089	¥ 210,853
Balance of users' virtual accounts		138,926	136,757
Payable for advertisement		119,635	135,569
Accrued professional services and related service fee		49,489	54,833
Other tax payables		49,136	48,752
VAT payable		24,932	16,333
Payable for repurchase of subsidiary's share options		11,729	25,604
Contingent loss liability (Note 18)		0	92,881
Others		48,681	75,922
Total	$ 88,821	¥ 630,617	¥ 797,504

Distribution to Shareholders - Additional Information (Detail) $ / shares in Units, ¥ in Thousands, $ in Thousands							12 Months Ended
	Mar. 16, 2023 USD ($) $ / shares	Mar. 16, 2023 CNY (¥)	Mar. 24, 2022 USD ($) $ / shares	Mar. 24, 2022 CNY (¥)	Mar. 25, 2021 USD ($) $ / shares	Mar. 25, 2021 CNY (¥)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Distribution to shareholders [Line Items]
Dividend payable date							Apr. 30, 2023	Apr. 30, 2022	Apr. 30, 2021
Dividend Paid [Member]
Distribution to shareholders [Line Items]
Cash dividend paid	$ 136,555	¥ 958,052	$ 127,262	¥ 840,997	$ 132,032	¥ 852,743
Dividend record date	Apr. 28, 2023	Apr. 28, 2023	Apr. 13, 2022	Apr. 13, 2022	Apr. 13, 2021	Apr. 13, 2021
Ex-dividend date	Apr. 27, 2023	Apr. 27, 2023	Apr. 12, 2022	Apr. 12, 2022	Apr. 12, 2021	Apr. 12, 2021
American Depository Shares [Member] \| Dividend Declared [Member]
Distribution to shareholders [Line Items]
Cash dividend amount per ADS	$ 0.72		$ 0.64		$ 0.64
Common Stock [Member] \| Dividend Declared [Member]
Distribution to shareholders [Line Items]
Cash dividend amount paid per share	$ 0.36		$ 0.32		$ 0.32

Property and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following:


	As of December 31,
	2022			2023
	RMB			RMB
Computer equipment		792,586			781,377
Office equipment		197,160			184,228
Vehicles		4,171			3,584
Construction in progress		—			547,384
Leasehold improvement		135,757			135,977
Less: accumulated depreciation		(956,884	)		(993,401	)
Exchange difference		194			(116	)

		172,984			659,033

Net Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Calculation of Net Income (loss) Per Share

The calculation of net (loss) income per share is as follows:


	For the year ended December 31,
	2021			2022			2023
	RMB			RMB			RMB
Numerator:
Net (loss) income attributed to ordinary shareholders for computing net (loss) income per ordinary share-basic and diluted		(2,913,708	)		1,484,283			1,957,581
Denominator:
Denominator for computing net (loss) income per share-basic:
Weighted average ordinary shares outstanding used in computing net (loss) income per ordinary share-basic		404,701,910			390,176,367			377,639,399

Denominator for computing net (loss) income per share-diluted:
Weighted average shares outstanding used in computing net (loss) income per ordinary share-diluted		404,701,910	(i)		423,810,279	(i)		401,833,328	(i)

Net (loss) income per ordinary share attributable to Hello Group Inc. – basic		(7.20	)		3.80			5.18

Net (loss) income per ordinary share attributable to Hello Group Inc. – diluted		(7.20	)		3.65			4.92

Summary of Potential Ordinary Shares Outstanding Excluded from Computation of Diluted Net income (Loss) Per Ordinary Share

The following table summarizes potential ordinary shares outstanding excluded from the computation of diluted net (loss) income per ordinary share for the years ended December 31, 2021, 2022 and 2023, because their effect is anti-dilutive:


	For the year ended December 31,
	2021		2022		2023
Share issuable upon exercise of share options		29,676,253		14,676,458		4,420,431
Share issuable upon exercise of RSUs		272,500		217,612		102,344

(i)

The calculation of the weighted average number of ordinary shares for the purpose of diluted net income per share has considered the effect of certain potentially dilutive securities. The computation of diluted loss per share for the year ended December 31, 2021 has not considered the effect of the share options, RSUs and convertible senior notes given that the effect is anti-dilutive.

Employee Benefit Plan

12 Months Ended

Dec. 31, 2023

Retirement Benefits [Abstract]

Employee Benefit Plan

21.	EMPLOYEE BENEFIT PLAN

Full time employees of the Group in the PRC participate in a government-mandated defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. The Group accrues for these benefits based on certain percentages of the employees’ salaries. The total provisions for such employee benefits were RMB241,672, RMB 228,137 and RMB206,513 for the years ended December 31, 2021, 2022 and 2023, respectively.

- Definition

The entire disclosure for retirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 70
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480794/715-70-50-1

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480482/715-20-55-17

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (q)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (l)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//715/tableOfContent

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)(iii)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (o)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (p)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (r)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480506/715-20-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 20
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480126/715-20-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 715
-SubTopic 60
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480266/715-60-50-3

+ Details

Related Party Balances and Transactions - Schedule of Amount Due from a Related Party-current (Detail) - CNY (¥)
¥ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Amounts due from related parties

¥ 27,258

¥ 55

Hunan Qindao Network Media Technology Co., Ltd. [Member]

Amounts due from related parties

^[1]

27,258

Others [Member]

Amounts due from related parties

¥ 0

¥ 55

[1]

The amount of RMB27,258 as of December 31, 2023 primarily represented the revenue sharing of live video service paid in advance to Hunan Qindao Network Media Technology Co., Ltd., which should be deducted from the amount of revenue sharing to be paid in on-going years. According to the arrangement of repayment plan, RMB7,258 is due in year of 2024 and RMB10,000 is due in year of 2025 and 2026, respectively.

Share-Based Compensation

12 Months Ended

Dec. 31, 2023

Share-based Payment Arrangement [Abstract]

Share-Based Compensation

16.	SHARE-BASED COMPENSATION

Share options granted by the Company

In November 2012, the Company adopted a share incentive plan (“2012 Plan”), which was amended in October 2013. The maximum aggregate number of shares which may be issued pursuant to all awards under the 2012 Plan is 44,758,220 ordinary shares.

In November, 2014, the Company adopted the 2014 share incentive plan (“2014 Plan”), pursuant to which a maximum aggregate of 14,031,194 Class A ordinary shares may be issued pursuant to all awards granted thereunder.

Starting from 2017, the number of shares reserved for future issuances under the 2014 Plan will be increased by a number equal to 1.5% of the total number of outstanding shares on the last day of the immediately preceding calendar year, or such lesser number of Class A ordinary shares as determined by the Company’s board of directors, on the first day of each calendar year during the term of the 2014 Plan. With the adoption of the 2014 Plan, the Company will no longer grant any incentive shares under the 2012 Plan. The time and condition to exercise options will be determined by the Board or a committee of the Board. The term of the options may not exceed ten years from the date of the grant, except for the situation of amendment, modification and termination. Under the 2014 Plan, share options are subject to vesting schedules ranging from two to four years.

The following table summarizes the option activity for the year ended December 31, 2023:


	Number of options			Weighted average exercise price per option (US$)		Weighted average remaining contractual life (years)		Aggregated intrinsic Value (US$)
Outstanding as of December 31, 2022		28,244,623			0.0157		6.40		126,375

Granted		7,888,864			0.0002
Exercised		(6,349,148	)		0.0133
Forfeited/cancel		(500,386	)		0.0002

Outstanding as of December 31, 2023		29,283,953			0.0123		7.27		101,402

Exercisable as of December 31, 2023		15,275,055			0.0234		5.83		52,724

There were 15,275,055 vested options, and 12,495,624

options expected to vest within the remaining vesting schedules as of December 31, 2023. For options expected to vest, the weighted- average exercise price was

US$0.0002 as of December 31, 2023 and aggregate intrinsic value was US$46,564 and US$43,420 as of December 31, 2022 and 2023, respectively.

The weighted-average grant-date fair value of the share options granted during the years 2021, 2022, and 2023 was US$7.2, US$2.48 and US$4.00, respectively. The total intrinsic value of options exercised for the years ended December 31, 2021, 2022 and 2023 was US$28,487, US$20,261 and US$24,815, respectively.

The fair value of options granted was estimated on the date of grant using the Black-Sholes pricing model with the following assumptions used for grants during the applicable periods:

Risk-free interest
rate of return

Expected term

Volatility

Dividend yield

Exercise price
(US$)

2021

1.64%~1.96%

6 years

50.2%~51.8%

—

0.0002

2022

2.20%~4.86%

6 years

50.3%~57.8%

—

0.0002

2023

4.24%~5.66%

6 years

62.5%~66.1%

—

0.0002

(1)

Risk-free interest rate

Risk-free interest rate was estimated based on the daily treasury long term rate of U.S. Department of the Treasury with a maturity period close to the expected term of the options, plus the country default spread of China.

(2)

Expected term

The expected term of the options represents the period of time between the grant date and the time the options are either exercised or forfeited, including an estimate of future forfeitures for outstanding options.

(3)

Volatility

The volatility of the underlying ordinary shares during the life of the options was estimated based on the historical stock price volatility of the Company in the period equal to the expected term of the options.

(4)

Dividend yield

The dividend yield was estimated by the Group based on its expected dividend policy over the expected term of the options.

(5)

Exercise price

The exercise price of the options was determined by the Group’s board of directors.

(6)

Fair value of underlying ordinary shares

The fair value of the ordinary shares is determined as the closing sales price of the ordinary shares as quoted on the principal exchange or system.

For employee, executives and

non-employee

share options, the Group recorded share-based compensation of RMB460,227, RMB363,361 and RMB246,551 during the years ended December 31, 2021, 2022 and 2023, respectively, based on the fair value on the grant dates over the requisite service period of award according to the vesting schedule for employee share option.

As of December 31, 2023, total unrecognized compensation expense relating to unvested share options was RMB376,594, which will be recognized over a weighted average period of 2.61 years. The weighted-average remaining contractual term of options outstanding is 7.27 years.

Restricted share units (“RSUs”) granted by the Company

On April 15, 2021, April 15, 2022

and April 6, 2023, the Company granted 130,000, 130,000 and 130,000 shares of RSUs, respectively, to independent directors under the 2014 Plan with a vesting period of 4 years.

The Company will forfeit the unvested portion of the RSUs if the grantees terminate their service during the vesting period. 75,000 shares of RSUs were forfeited in 2023.

The Group recorded share-based compensation of RMB10,512, RMB9,335 and RMB5,799 for RSUs for the years ended December 31, 2021, 2022 and 2023, respectively, based on the fair value on the grant dates over the requisite service period of award using the straight-line method.

As of December 31, 2023, total unrecognized compensation expense relating to unvested RSUs was RMB5,856 which will be recognized over a weighted average period of 2.23 years.

Share options granted by Tantan

In March 2015, Tantan adopted the 2015 share incentive plan (“2015 Plan”), pursuant to which a maximum aggregate of 1,000,000 shares may be issued pursuant to awards may be authorized, but unissued ordinary shares. The Board of Directors of Tantan may in its discretion make adjustments to the numbers of shares. In April 2016 and March 2017, the Board of Directors of Tantan approved to adjust the numbers of shares to a maximum aggregate of 2,000,000 and 2,793,812, respectively.

In July 2018, Tantan adopted the 2018 share incentive plan (“2018 Plan”), pursuant to which the maximum aggregate number of shares which may be issued shall initially be 5,963,674 ordinary shares, plus that number of ordinary shares authorized for issuance under the 2015 Plan, in an amount equal to (i) the number of ordinary shares that were not granted pursuant to the 2015 Plan, plus (ii) the number of ordinary shares that were granted pursuant to the 2015 Plan that have expired without having been exercised in full or have otherwise become unexercisable. The time and condition to exercise options will be determined by Tantan’s Board. The term of the options may not exceed ten years from the date of the grant, except for the situation of amendment, modification and termination.

Tantan split its shares

1-for-5

on August 30, 2019. As a result, the Board of Directors of Tantan approved the amended and restated 2015 share incentive plan (“Amended and Restated 2015 Plan”) and adjusted the maximum aggregate number of shares which may be issued under the 2015 plan to 9,039,035 shares; the Board of Directors of Tantan also approved the amended and restated 2018 share incentive plan (“Amended and Restated 2018 Plan”) and adjusted the maximum aggregate number of shares which may be issued under the 2018 plan to 29,818,370 shares, plus that number of ordinary shares authorized for issuance under Tantan’s Amended and Restated 2015 Plan, in an amount equal to (i) the number of ordinary shares that were not granted pursuant to the 2015 Plan, plus (ii) the number of ordinary shares that were granted pursuant to the 2015 Plan that have expired without having been exercised in full or have otherwise become unexercisable. Accordingly, all below figures are adjusted retrospectively.

Options classified as equity awards

The following table summarizes the option activity for the year ended December 31, 2023:


	Number of options			Weighted average exercise price per option		Weighted average remaining contractual life		Aggregated intrinsic Value
				(US$)		(years)		(US$)
Outstanding as of December 31, 2022		4,621,016			1.4607		6.58		—

Granted		46,000			0.0001
Repurchased		(393,457	)		0.9930
Forfeited		(461,258	)		0.1361

Outstanding as of December 31, 2023		3,812,301			1.6516		5.69		—

Exercisable as of December 31, 2023		3,079,483			2.0289		5.04		—

During the years ended December 31, 2022 and 2023, the Company voluntarily repurchased for employees’ vested options upon the termination of their employment with total consideration of RMB24,971 and RMB13,422, respectively. Those options were subsequently canceled. Cash payments amounting to RMB89,652 and RMB28,126 were made during the year ended December 31, 2022 and 2023, respectively. The Group recorded the consideration directly to equity, to the extent that the amount does not exceed the fair value of the vested option repurchased at the repurchase date. The Group recorded any excess of the repurchase price over the fair value of the vested options repurchased as additional compensation cost.

There were 3,079,483 vested options, and 439,684

options expected to vest within the remaining vesting schedules as of December 31, 2023. For options expected to vest, the weighted-average exercise price was

US$0.07 as of December 31, 2023 and the aggregate intrinsic value amounted to US$ nil and US$ nil as of December 31, 2022 and 2023, respectively.

The weighted-average grant-date fair value of the share options granted during the years ended December 31, 2021, 2022 and 2023 was US$1.39, US$ nil and US$ nil, respectively.

The fair value of each option granted was estimated on the date of grant using the binomial tree pricing model with the following assumptions used for grants during the applicable periods:


	Risk-free interest rate of return		Contractual term		Volatility		Dividend yield		Exercise price (US$)
2021		2.04%~2.04%		10 years		59.0%~59.0%		—		0.002~5.0
2022		4.40%~4.40%		10 years		56.2%~56.2%		—		0.0001
2023		5.45%		10 years		56.6%		—		0.0001

(1)

Risk-free interest rate

(2)

Contractual term

Tantan used the original contractual term.

(3)

Volatility

The volatility of the underlying ordinary shares during the life of the options was estimated based on the historical stock price volatility of comparable listed companies over a period comparable to the expected term of the options.

(4)

Dividend yield

The dividend yield was estimated by Tantan based on its expected dividend policy over the expected term of the options.

(5)

Exercise price

The exercise price of the options was determined by the Board of Directors of Tantan.

(6)

Fair value of underlying ordinary shares

The estimated fair value of the ordinary shares underlying the options as of the respective grant dates was determined based on a retrospective valuation before Tantan was acquired and on a contemporaneous valuation after Tantan was acquired, which used management’s best estimate for projected cash flows as of each valuation date.

For share options classified as equity awards, Tantan recorded share-based compensation of RMB76,989, RMB28,788 and RMB14,751 during the years ended December 31, 2021, 2022 and 2023, respectively, based on the fair value of the grant dates over the requisite service period of award according to the vesting schedule for employee share option.

As of December 31, 2023, total unrecognized compensation expense relating to unvested share options was RMB370 which will be recognized over a weighted average period of 0.93 years. The weighted-average remaining contractual term of options outstanding is 5.69 years.

Options classified as liability awards

In August 2018, Tantan granted 17,891,025 share options to its founders under the 2018 Plan. The founders have the right to request Tantan to redeem for cash the vested options upon the termination of the founders’ employment at a fixed equity value of Tantan. Therefore, the awards are classified as liability on the consolidated balance sheet due to their cash settlement feature. The options include a four-years vesting condition whereas options vest ratably at the end of each year. Accordingly, the awards are

re-measured

at each reporting date with a corresponding charge to share-based compensation expense and are amortized over the estimated vesting period. The share options also include a performance condition in which the founders have the right to receive fully vested options immediately upon achieving certain performance conditions.

During the year ended December 31, 2019, all outstanding options granted to Tantan’s founders were vested as the necessary performance conditions were probable to be satisfied. Thereafter, the awards are

re-measured

at fair value at each reporting date with a corresponding charge to share-based compensation expense.

In May 2021, the founders resigned from Tantan and exercised the right to have Tantan repurchased for cash the vested options at the

pre-agreed

fixed equity value of US$120,000. Those options were subsequently canceled. The difference between the repurchase price and the fair value of the awards as of settlement date was recorded as an adjustment of share-based compensation during the year ended December 31, 2021. Cash payments amounting to US$108,000 were made to the founders during the year ended December 31, 2021, and the remaining US$12,000 is in an escrow account payable upon certain conditions are met.

There is no remaining share option that has a cash settlement feature as of December 31, 2021 a

d thereafter.

For share options classified as liability awards, Tantan recorded share-based compensation of RMB nil and RMB

nil

during the years ended December 31, 2022 and 2023, respectively, including the impact of the accelerate vesting and the subsequent adjustment of the fair value at each reporting dates and the settlement date.

Income Taxes

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Income Taxes

13.	INCOME TAXES

Cayman

In July 2014, the Company was redomiciled in the Cayman Islands as an exempted company registered under the laws of the Cayman Islands. Under the current laws of the Cayman Islands, it is not subject to tax on either income or capital gain.

BVI

Momo BVI is a

tax-exempted

company incorporated in the BVI.

Hong Kong

The Company’s subsidiaries domiciled in Hong Kong are subject to a

two-tiered

income tax rate for taxable income earned in Hong Kong effective since April 1, 2018. The first 2 million Hong Kong dollars of profits earned by the company are subject to be taxed at an income tax rate of 8.25%, while the remaining profits will continue to be taxed at the existing tax rate of 16.5%. In addition, to avoid abuse of the

two-tiered

tax regime, each group of connected entities can nominate only one Hong Kong entity to benefit from the

two-tiered

tax rate. WFOE Beijing Momo IT declared special dividend of RMB3,600 million and RMB1,800 million to Momo HK during the years ended December 31, 2022 and 2023, respectively. Withholding taxes of RMB360 million and RMB180 million in connection with these dividends were fully paid during the years ended December 31, 2022 and 2023.

Singapore

The Company’s subsidiaries domiciled in Singapore are subject to a tax rate of 17% on their taxable income.

PRC

Beijing Momo IT was qualified as “High and New Technology Enterprises” in 2020 and 2023, respectively, and was accordingly entitled to a preferential tax rate of 15% from 2020 to 2025.

Chengdu Momo Technology Co., Ltd (“Chengdu Momo”) has qualified as western China development enterprise since 2014. According to No. 23 announcement of the State Administration of Taxation of PRC in April 2018, Chengdu Momo is no longer required to submit the preferential tax rate application to the tax authority, but is only required to keep the relevant materials for future tax inspection instead. Based on the historical experience, the Group believes Chengdu Momo will most likely to qualify as western China development enterprise and accordingly be entitled to a preferential income tax rate of 15% for the year ended December 31, 2023 because Chengdu Momo’s business nature has no significant changes. As a result, the Group applied 15% to determine the tax liabilities for Chengdu Momo.

In December 2022, Tantan Technology renewed the qualification as HNTE. As such, Tantan Technology enjoyed a preferential tax rate of 15% from 2019 to 2024. Tantan Technology applied for Software Enterprise (“SE”) status for fiscal year 2021 and was approved in 2022 respectively, which entitled Tantan Technology to enjoy an income tax exemption in 2021. Accordingly, in 2022 Tantan Technology recorded the preferential tax rate adjustment from 15% to 0% for income tax expense of the fiscal year of 2021. The other entities incorporated in the PRC are subject to an enterprise income tax at a rate of 25%.

During the year ended December 31, 2023, no tax audit was conducted by the relevant tax authorities on the Group’s PRC entities. In accordance with relevant PRC tax administration laws, tax years from

2019 to 2023 of the Group’s PRC subsidiaries, VIEs and VIEs’ subsidiaries, remain subject to tax audits as of December 31, 2023, at the tax authority’s discretion.

Under the Enterprise Income Tax Law (the “EIT Law”) and its implementation rules which became effective on January 1, 2008, dividends generated after January 1, 2008 and payable by foreign-invested enterprise in the PRC to its foreign investors who are

non-resident

enterprises are subject to a 10% withholding tax, unless any such foreign investor’s jurisdiction of incorporation has a tax treaty with the PRC that provides for a different withholding arrangement. Under the taxation arrangement between the PRC and Hong Kong, a qualified Hong Kong tax resident which satisfies the criteria of “beneficial owner” and directly holds 25% or more of the equity interest in a PRC resident enterprise is entitled to a reduced withholding tax rate of 5% for dividends generated in the PRC. Cayman, where the Company is incorporated, does not have a tax treaty with PRC.

Uncertainties exist with respect to how the current income tax law in the PRC applies to the Group’s overall operations, and more specifically, with regard to tax residency status. The EIT Law includes a provision specifying that legal entities organized outside of the PRC will be considered residents for Chinese income tax purposes if the place of effective management or control is within the PRC. The implementation rules to the EIT Law provide that

non-resident

legal entities will be considered China residents if substantial and overall management and control over the manufacturing and business operations, personnel, accounting, properties, etc., occurs within the PRC. Despite the present uncertainties resulting from the limited PRC tax guidance on the issue, the Group does not believe that the legal entities organized outside of the PRC within the Group should be treated as residents for EIT law purposes. If the PRC tax authorities subsequently determine that the Company and its subsidiaries registered outside the PRC should be deemed resident enterprises, the Company and its subsidiaries registered outside the PRC will be subject to the PRC income taxes, at a rate of 25%.

If any entity within the Group that is outside the PRC were to be a

non-resident

for PRC tax purposes, dividends paid to it out of profits earned after January 1, 2008 would be subject to a withholding tax at a rate of 10%, subject to reduction by an applicable tax treaty with the PRC. During the year ended December 31, 2021, 2022 and 2023, Beijing Momo IT paid RMB130 million, RMB360 million and RMB180 million, respectively, withholding tax when it paid a special dividend to its parent company, Momo HK. The Group has accrued withholding tax of RMB164 million and RMB184 million on retained earnings generated in 2022 and 2023 by Beijing Momo IT, because Beijing Momo IT’s earnings are to be remitted to its offshore parent company in the foreseeable future to fund its demand on US dollar in business operations, payments of dividends, potential investments, etc.

Aggregate undistributed earnings of the Company’s PRC subsidiaries and the VIEs are available for reinvestment. Upon distribution of such earnings, the Company will be subject to the PRC EIT, the amount of which is impractical to estimate. The Company did not record any other withholding tax on any of the aforementioned undistributed earnings except for retained earnings generated in 2021, 2022 and 2023 by Beijing Momo IT, because the rest of the subsidiaries and the VIEs do not intend to declare dividends and the Company intends to permanently reinvest it within the PRC. As of December 31, 2023, the unrecognized deferred tax liability related to the remaining undistributed earnings that the Company still intends to indefinitely reinvest in the PRC amounted to RMB897,215.


	As of December 31,
	2022			2023
	RMB			RMB
Deferred tax assets:
Advertising expense		403,600			398,842
Net operating loss carry-forward		224,193			241,440
Accrued expenses		24,601			23,125
Impairment on long-term investments		20,929			22,367
Less: valuation allowance		(638,980	)		(654,033	)

Deferred tax assets, net		34,343			31,741

Deferred tax liabilities:
Intangible assets acquired		5,327			4,073
Accelerated tax depreciation		4,999			5,216
Withholding income tax		11,685			15,698

Deferred tax liabilities, net		22,011			24,987

The Group considers the following factors, among other matters, when determining whether some portion or all of the deferred tax assets will more likely than not be realized: the nature, frequency and severity of losses, forecasts of future profitability, the duration of statutory carry-forward periods, the Group’s experience with tax attributes expiring unused and tax planning alternatives. The Group’s ability to realize deferred tax assets depends on its ability to generate sufficient taxable income within the carry-forward periods provided for in the tax law.

As of December 31, 2023, the net operating loss carry-forward for the Company’s subsidiaries domiciled in the PRC, consolidated VIEs, and VIEs’ subsidiaries amounted to

RMB876,126. The net operating loss in the PRC can be carried forward for five years to offset future taxable profit, and the period was extended to 10 years for entities qualified as HNTE in 2019 and thereafter.

As of December 31, 2023, the net operating loss carryforward for the Company’s subsidiaries domiciled in Hong Kong amounted to RMB222,251, which would be carried forward indefinitely and set off against its future taxable profits.

As of December 31, 2023, the net operating loss carryforward for the Company’s subsidiaries domiciled in Singapore amounted to RMB61,463, which can be carried forward indefinitely and set off against its future taxable profits.

The Group does not file combined or consolidated tax returns, therefore, losses from individual subsidiaries or the VIEs may not be used to offset other subsidiaries’ or VIEs’ earnings within the Group. Valuation allowance is considered on each individual subsidiary and legal entity basis. Valuation allowances have been established in respect of certain deferred tax assets as it is considered more likely than not that the relevant deferred tax assets will not be realized in the foreseeable future.

Reconciliation between income tax expense computed by applying the PRC EIT rate of 25% to income before income taxes and the actual provision for income tax is as follows:


	For the year ended December 31,
	2021			2022			2023
	RMB			RMB			RMB
Net (loss) income before provision for income tax		(2,095,064	)		2,031,217			2,652,361
PRC statutory tax rate		25	%		25	%		25	%
Income tax (benefit) expense at statutory tax rate		(523,766	)		507,804			663,090
Permanent differences and Research and development super-deduction		(55,871	)		(34,966	)		(76,414	)
Change in valuation allowance		118,570			64,389			31,283
Effect of income tax rate difference in other jurisdictions		1,201,729			35,564			41,854
Effect of tax holidays and preferential tax rates		(195,209	)		(147,894	)		(213,804	)
Effect of the preferential tax rate adjustment of prior year’s EIT		(60,325	)		(26,873	)		—
Effect of PRC withholding tax		337,428			164,257			184,014

Provision for income tax		822,556			562,281			630,023


	For the year ended December 31,
	2021			2022		2023
	RMB			RMB		RMB
Increase in income tax expenses		195,209			147,894		213,804
Net (loss) income per ordinary share attributable to Hello Group Inc. - basic		(7.68	)		3.43		4.62
Net (loss) income per ordinary share attributable to Hello Group Inc. - diluted		(7.68	)		3.30		4.39

No significant unrecognized tax benefit was identified for the years ended December 31, 2021, 2022 and 2023. The Group did not incur any material interest and penalties related to potential underpaid income tax expenses and also believed that uncertainty in income taxes did not have a significant impact on the unrecognized tax benefits within next twelve months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

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-Topic 946
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+ Details

Property and Equipment, Net - Additional information (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 10,492	¥ 74,492	¥ 107,015	¥ 155,537
Construction in Progress, Gross		¥ 547,384	¥ 0

Long-Term Investments

12 Months Ended

Dec. 31, 2023

Long-term Investments [Abstract]

Long-Term Investments

5.	LONG-TERM INVESTMENTS


	As of December 31,
	2022		2023
	RMB		RMB
Equity method investments
Jingwei Chuangteng (Hangzhou) L.P. (i)		73,632		48,687
Hangzhou Aqua Ventures Investment Management L.P. (ii)		48,328		47,168
Chengdu Tianfu Qianshi Equity Investment Partnership L.P. (iii)		36,961		34,082
Others (vi)		45,309		62,671
Equity securities without readily determinable fair values
58 Daojia Ltd. (iv)		300,000		300,000
Hangzhou Faceunity Technology Limited (iv)		70,000		70,000
Hunan Qindao Cultural Spread Ltd. (iv)		30,000		30,000
Haining Yijiayi Culture Co., Ltd. (iv)		25,000		—
Shenzhen INMO Technology Co., Ltd. (iv)		55,343		55,343
Others (vi)		65,875		34,625
Fair value option investment
AEZ Capital Feeder Fund (v)		143,540		104,335

		893,988		786,911

The Group performed impairment analysis for equity method investments and equity securities without readily determinable fair values periodically. Impairment losses of RMB18,000, RMB11,250 and RMB31,250 were recorded for long-term investments under “other gain or loss, net” in the consolidated statements of operations for the years ended December 31, 2021, 2022 and 2023, respectively.

(i)

On January 9, 2015, the Group entered into a partnership agreement to subscribe partnership interest, as a limited partner, in Jingwei Chuangteng (Hangzhou) L.P. (“Jingwei”). According to the partnership agreement, the Group committed to subscribe 4.9% partnership interest in Jingwei for RMB30,000. Due to Jingwei’s further rounds of financing, the Group’s partnership interest was diluted to 2.4% as of December 31, 2022 and 2023. The Group recognized its share of partnership profit or (loss) in Jingwei of RMB (5,147), RMB397 and RMB (24,227) during the years ended December 31, 2021, 2022 and 2023, respectively. The Group received distribution from Jingwei of RMB718 during the year ended December 31, 2023.

(ii)

On August 18, 2015, the Group entered into a partnership agreement to subscribe partnership interest, as a limited partner, in Hangzhou Aqua Ventures Investment Management L.P. (“Aqua”). According to the partnership agreement, the Group committed to subscribe 42.7% partnership interest for RMB50,000. The Group recognized its share of partnership profit or (loss) in Aqua of RMB (11,013), RMB (3,752) and RMB356 for the years ended December 31, 2021, 2022 and 2023, respectively.

(iii)

On September 12, 2018, the Group entered into a partnership agreement to subscribe partnership interest, as a limited partner, in Chengdu Tianfu Qianshi Equity Investment Partnership L.P. (“Tianfu”). According to the partnership agreement, the Group committed to subscribe 5.1% partnership interest for RMB30,000. The Group recognized its share of partnership profit or (loss) in Tianfu of RMB2,453, RMB286 and RMB (1,531) during the years ended December 31, 2021, 2022 and 2023, respectively. The Group received distribution from Tianfu of RMB2,480 and RMB1,349 during the year ended December 31, 2022 and 2023, respectively.

(iv)

The Group invested in certain preferred shares of private companies. On April 9, 2021, the Group entered into a preferred share subscription agreement with 58 Daojia Ltd. for a consideration of RMB300 million. The transaction was completed in April 2021. On March 31, 2022, the Group entered into a share purchase agreement with Shenzhen INMO Technology Co., Ltd for a consideration of RMB55,343. The transaction was completed in April 2022. As the investments were neither debt security nor

in-substance

common stock, they were accounted as equity securities without readily determinable fair values and measured at fair value using the measurement alternative. There has been no orderly transactions for the identical or a similar investment of the same issuer noted during the years ended December 31, 2022, and 2023. In October 2023, the Group

surrendered

the preferred share

holding to and received RMB25,000 in cash from

Haining Yijiayi Culture Co., Ltd.

(v)

In October 2021, the Group completed an investment in an open mutual fund named “AEZ Capital Feeder Fund” (“AEZ”), which is redeemable on a quarterly basis. The Group, as a limited partner, subscribed Class A participating shares with capital contribution of RMB114,707. The Group has significant influence on AEZ and elected the fair value option to account for this investment using the NAV practical expedient whereby the change in fair value of RMB19,010 and RMB (43,854) was recognized during the year ended December 31, 2022 and 2023.

(vi)	Others represent equity method investments or equity securities without readily determinable fair values that are individually insignificant.

Borrowings - Additional Information (Detail) ¥ in Thousands	Dec. 31, 2023 CNY (¥)
Long-Term Debt, by Type Alternative [Abstract]
Interest rate	3.80%
Long-term deposits	¥ 2,567,100

Convertible Senior Notes - Additional Information (Detail) $ / shares in Units, ¥ in Thousands, $ in Thousands		1 Months Ended	12 Months Ended
	Jun. 26, 2018 $ / shares	Jul. 31, 2018 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥) shares	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 $ / shares	Jul. 31, 2018 CNY (¥)
Line of Credit Facility [Line Items]
Convertible senior notes interest rate			3.80%					3.80%
Gain loss on repurchase of debt instruments			$ 643	¥ 4,565		¥ 129,575	¥ 0
Convertible Senior Notes Due 2025 [Member]
Line of Credit Facility [Line Items]
Aggregate principal amount		$ 725,000									¥ 4,985,000
Conversion rate per ADS \| shares		15.4776	21.0061	21.0061			19.1861
Conversion price per ADS \| $ / shares	$ 45.34	$ 64.61	$ 47.61							$ 52.12
Debt conversion premium percentage	42.50%
Convertible senior notes maturity date		Jul. 01, 2025
Principal amount of each convertible note \| $		$ 1,000	$ 1,000		$ 1,000
Number of notes converted into company's ADSs			0	0	0	0
Convertible senior notes interest rate			1.25%					1.25%
Debt instrument, carrying value								¥ 19,571	¥ 2,646,168
Unamortized debt issuance costs								¥ 101	¥ 22,793
Debt instrument, effective interest rate			1.61%		1.61%			1.61%	1.61%
Amortization and interest expenses				¥ 39,939		¥ 83,530
Debt instrument repurchased principal amount			$ 384,192		$ 338,037			¥ 2,727,724	¥ 2,331,509
Debt instrument repurchase price			$ 383,703		$ 320,048			¥ 2,679,942	¥ 2,136,987
Gain loss on repurchase of debt instruments						¥ 129,575
The remaining principle of Convertible senior notes				¥ 2,771

Leases - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease expenses	¥ 97,819	¥ 170,547
Short-term lease expense	¥ 8,217	¥ 9,657

Borrowings (Tables)

12 Months Ended

Dec. 31, 2023

Long-Term Debt, by Type Alternative [Abstract]

Schedule of Borrowing in Respective Balance Sheet

Borrowings were as follows as of the respective balance sheet dates:


	As of December 31,
	2022		2023
	RMB		RMB
Long-term secured bank borrowings, current portion		—		215,615
Long-term secured bank borrowings, non-current portion		—		1,938,385

Total		—		2,154,000

Schedule of Long-term Borrowings


	Amounts
	RMB
2024		215,615
2025		1,938,385

Total		2,154,000

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

Organization and Principal Activities (Tables)

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Schedule of Subsidiaries, VIEs and VIEs' Subsidiaries

As of December 31, 2023, details of the Company’s major subsidiaries, VIEs and VIEs’ subsidiaries are as follows:


Major subsidiaries
Momo Technology HK Company Limited (“Momo HK”)
Beijing Momo Information Technology Co., Ltd. (“Beijing Momo IT”)
Tantan Limited (“Tantan”)
Tantan Hong Kong Limited (“Tantan HK”)
Tantan Technology (Beijing) Co., Ltd. (“Tantan Technology”)
QOOL Media Inc. (“QOOL Inc.”)
QOOL Media Technology (Tianjin) Co., Ltd.
SpaceCape Technology Pte. Ltd.
Major VIEs
Beijing Momo Technology Co., Ltd. (“Beijing Momo”) *
QOOL Media (Tianjin) Co., Ltd. (“QOOL Tianjin”) *
Tantan Culture Development (Beijing) Co., Ltd. (“Tantan Culture”) *
Hainan Miaoka Network Technology Co., Ltd. (“Miaoka”) *
Beijing Top Maker Culture Co, Ltd. (“Beijing Top Maker”) *
Beijing Perfect Match Technology Co, Ltd. (“Beijing Perfect Match”) *
SpaceTime (Beijing) Technology Co, Ltd. (“SpaceTime Beijing”) *
Tianjin Nishuodedoudui Technology Co., Ltd. (“Tianjin Nishuodedoudui”) *
Hainan Yilingliuer Network Technology Co., Ltd. (“Hainan Yilingliuer”) *
Major VIEs’ subsidiaries
Chengdu Momo Technology Co., Ltd. (“Chengdu Momo”) *
Tianjin Heer Technology Co., Ltd. (“Tianjin Heer”) *
Loudi Momo Technology Co., Ltd. (“Loudi Momo”) *
Tianjin Apollo Exploration Culture Co., Ltd. (“Tantan Apollo”) *

*	These entities are controlled by the Company pursuant to the contractual arrangements disclosed below.

Schedule of Amounts and Balances of VIEs Included in Consolidated Financial Statements After Elimination of Intercompany Balances and Transactions


	As of December 31,

	2022		2023
	RMB		RMB
Cash and cash equivalents		2,108,248		2,622,793
Short-term deposits		850,000		—
Other current assets		654,109		533,132

Total current assets		3,612,357		3,155,925
Long-term deposits		—		150,000
Long-term investments		380,187		295,840
Other non-current assets		291,841		314,121

Total assets		4,284,385		3,915,886

Accounts payable		509,042		521,303
Deferred revenue		469,076		428,547
Other current liabilities		451,793		355,822

Total current liabilities		1,429,911		1,305,672
Other non-current liabilities		34,059		29,279

Total liabilities		1,463,970		1,334,951


	For the years ended December 31,

	2021		2022		2023
	RMB		RMB		RMB
Net revenues		14,336,539		12,152,997		11,203,950
Net income		5,674,607		4,593,510		4,179,878
Net cash provided by operating activities		5,748,529		4,445,523		4,118,893
Net cash provided by investing activities		254,093		451,928		726,076
Net cash provided by financing activities		—		—		—

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

Income Taxes - Additional Information (Detail) - CNY (¥) ¥ in Thousands		12 Months Ended
	Jul. 31, 2019	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Contingency [Line Items]
Interest related to penalties		¥ 0
Significant impact on the unrecognized tax benefits for next twelve months		0
Withholding Tax Amount Paid				¥ 130,000
Deferred tax liabilities withholding income tax expenses		184,000	¥ 164,000
Tantan Limited [Member]
Income Tax Contingency [Line Items]
Income Tax Preferential Tax Rate	15.00%			0.00%	15.00%
Momo Technology HK Company Limited [Member]
Income Tax Contingency [Line Items]
Special Dividend received		1,800,000	3,600,000
Withholding Tax Amount Paid		¥ 180,000	360,000
High And New Technology Enterprise ("HNTE") [Member]
Income Tax Contingency [Line Items]
Income Tax Preferential Tax Rate		15.00%
Inland Revenue, Singapore (IRAS) [Member]
Income Tax Contingency [Line Items]
Income tax rate		17.00%
Operating loss carry forward		¥ 61,463
Parent Company [Member]
Income Tax Contingency [Line Items]
Withholding Tax Amount Paid		¥ 180,000	¥ 360,000
Earliest Tax Year [Member]
Income Tax Contingency [Line Items]
Tax years subject to tax audits		2019
Latest Tax Year [Member]
Income Tax Contingency [Line Items]
Tax years subject to tax audits		2023
PRC [Member]
Income Tax Contingency [Line Items]
Income tax rate		25.00%	25.00%	25.00%
Withholding income tax rate for dividends distributed by the PRC subsidiaries		10.00%
Operating loss carry forward		¥ 876,126
Operating loss carry forward period		5 years	5 years
Unrecognized Deferred Tax Liability		¥ 897,215
PRC [Member] \| High And New Technology Enterprise ("HNTE") [Member]
Income Tax Contingency [Line Items]
Operating loss carry forward period		10 years	10 years
PRC [Member] \| Chengdu Momo Technology Company Limited Investment [Member]
Income Tax Contingency [Line Items]
Income Tax Preferential Tax Rate		15.00%
PRC [Member] \| Beneficial Owner [Member]
Income Tax Contingency [Line Items]
Withholding income tax rate for dividends distributed by the PRC subsidiaries		5.00%
PRC [Member] \| Other Entities [Member]
Income Tax Contingency [Line Items]
Income tax rate		25.00%				25.00%
Hong Kong [Member]
Income Tax Contingency [Line Items]
Operating loss carry forward		¥ 222,251
Hong Kong [Member] \| Beneficial Owner [Member] \| Minimum [Member]
Income Tax Contingency [Line Items]
Equity interest in a PRC-resident enterprise		25.00%
Hong Kong [Member] \| The first 2 million Hong Kong dollars of profits [Member]
Income Tax Contingency [Line Items]
Income tax rate		8.25%
Hong Kong [Member] \| Remaining profits [Member]
Income Tax Contingency [Line Items]
Income tax rate		16.50%

Consolidated Statements of Cash Flows ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Cash flows from operating activities
Net (loss) income	$ 274,890	¥ 1,951,695	¥ 1,480,009	¥ (2,925,704)
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation of property and equipment	10,492	74,492	107,015	155,537
Amortization of intangible assets	721	5,116	5,116	109,062
Share-based compensation	37,620	267,101	401,484	475,771
Share of loss (income) on equity method investments	9,950	70,643	(11,073)	8,084
Impairment loss on goodwill and intangible assets	0	0	0	4,397,012
Gain on repurchase of convertible senior notes	(643)	(4,565)	(129,575)	0
Gain or loss on long-term investments	4,401	31,250	11,250	16,000
Gain on disposal of subsidiaries		0	0	(15,526)
Gain or loss on disposal of property and equipment	(73)	(518)	(779)	1,236
Provision of (income) losses on receivable and other assets	1,637	11,624	(528)	(263)
Cash received on investment income distribution	291	2,067	1,708	0
Changes in operating assets and liabilities
Accounts receivable	(3,001)	(21,308)	20,338	(10,374)
Prepaid expenses and other current assets	11,944	84,802	(52,928)	(151,162)
Amount due from a related party	(3,831)	(27,203)	(55)	0
Deferred tax assets	366	2,600	507	(2,354)
Rental deposits	1,095	7,776	1,399	(343)
Other non-current assets	(1,635)	(11,606)	60,913	34,075
Accounts payable	1,931	13,707	(115,384)	30,475
Income tax payable	3,655	25,952	(57,004)	(110,717)
Deferred revenue	(5,971)	(42,390)	(56,387)	35,106
Accrued expenses and other current liabilities	(25,884)	(183,772)	(182,708)	60,668
Amount due to related parties	(685)	(4,865)	4,162	(14,446)
Deferred tax liabilities	(21)	(147)	(187,119)	180,173
Share-based compensation liability	0	0	0	(678,153)
Other non-current liabilities	3,480	24,710	(73,470)	(34,959)
Net cash provided by operating activities	320,729	2,277,161	1,226,891	1,559,198
Cash flows from investing activities
Purchase of property and equipment	(81,172)	(576,310)	(80,445)	(95,323)
Payment for long-term investments	(2,641)	(18,750)	(70,343)	(415,052)
Purchase of short-term deposits	(144,869)	(1,028,556)	(1,700,000)	(4,976,688)
Cash received on maturity of short-term deposits	874,635	6,209,820	5,410,000	9,667,570
Cash received on investment income distribution	214	1,517	3,523	5,610
Cash of disposed subsidiaries	0	0	0	(8,750)
Purchase of long-term deposits	(592,970)	(4,210,025)	(2,750,000)	(1,850,000)
Cash received on maturity of long-term deposits	239,440	1,700,000	1,200,000	200,000
Payment for short-term investments	0	0	(300,000)	0
Cash received from sales of short-term investment	43,458	308,550	0	0
Cash received from sales of long term investment	3,521	25,000	0	20,000
Other investing activities	257	1,823	3,110	2,975
Net cash provided by investing activities	339,873	2,413,069	1,715,845	2,550,342
Cash flows from financing activities
Deferred payment for business acquisition	0	0	(21,421)	(12,957)
Proceeds from exercise of share options	85	601	163	776
Repurchase of ordinary shares	(29,887)	(212,195)	(392,374)	(862,865)
Repurchase of subsidiary's share options	(608)	(4,319)	(40,943)	(59,120)
Dividends payment	(134,939)	(958,052)	(840,997)	(852,743)
Proceeds from long-term borrowings	303,385	2,154,000	0	0
Payment for redemption of convertible bonds	(377,462)	(2,679,942)	(2,136,987)	0
Net cash used in financing activities	(239,426)	(1,699,907)	(3,432,559)	(1,786,909)
Effect of exchange rate changes	13,240	93,988	41,390	(41,669)
Net increase (decrease) in cash, cash equivalent and restricted cash	434,416	3,084,311	(448,433)	2,280,962
Cash and cash equivalents and restricted cash at the beginning of year	732,208	5,198,601	5,647,034	3,366,072
Cash, cash equivalent and restricted cash at the end of year	1,166,624	8,282,912	5,198,601	5,647,034
Non-cash investing and financing activities
Payable for purchase of property and equipment	142	1,009	9,467	4,878
Right-of-use assets acquired in operating lease	$ 12,102	¥ 85,924	¥ 22,238	¥ 166,844

Short-Term Investments

12 Months Ended

Dec. 31, 2023

Short-Term Investments [Abstract]

Short-Term Investments

3.	SHORT-TERM INVESTMENTS


	As of December 31,
	2022		2023
	RMB		RMB
Variable-rate financial instruments		300,240		—

		300,240		—

Short-term investments include wealth management products with a variable interest rate indexed to performance of underlying assets, which are with an original maturity of less than 12 months. The Group accounted for it at fair value and recognized gain of RMB240 and RMB8,310 resulting from changes in fair value for the year ended December 31, 2022 and 2023, respectively.

Consolidated Statements of Comprehensive (Loss) Income ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ 274,890	¥ 1,951,695	¥ 1,480,009	¥ (2,925,704)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustment	2,875	20,414	(274,791)	(39,161)
Comprehensive (loss) income	277,765	1,972,109	1,205,218	(2,964,865)
Less: comprehensive (loss) income attributed to the non-controlling interest	50	357	10,556	(16,603)
Comprehensive (loss) income attributable to Hello Group Inc.	$ 277,715	¥ 1,971,752	¥ 1,194,662	¥ (2,948,262)

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

+ References

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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Employee Benefit Plan - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Retirement Benefits [Abstract]
Provisions for employee benefits	¥ 206,513	¥ 228,137	¥ 241,672

Related Party Balances and Transactions - Schedule of Amount Due to Related Parties-current (Detail) - CNY (¥)
¥ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Amount due to related parties

¥ 4,314

¥ 9,178

Hunan Qindao Network Media Technology Co., Ltd. [Member]

Amount due to related parties

^[1]

¥ 4,314

¥ 9,178

[1]	The amount of RMB9,178 and RMB4,314 as of December 31, 2022 and 2023 primarily represented the unpaid revenue sharing of live video service to Hunan Qindao Network Media Technology Co., Ltd.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

18.	COMMITMENTS AND CONTINGENCIES

Investment commitments

The Group was obligated to subscribe RMB85,000 and RMB126,250 for partnership interest of certain long-term investees under various arrangements as of December 31, 2022 and 2023, respectively.

Capital commitments

The Group’s capital commitments primarily relate to commitments on construction and purchase of office building. Total capital commitments contracted but not yet reflected in the consolidated financial statements amounted to RMB292,116 as of December 31, 2023. All of these capital commitments will be fulfilled in the following years according to the payment terms of contracts.

Long-term debt obligations

The Group’s long-term debt obligations include convertible senior notes and long-term borrowings. The amounts exclude the corresponding interest payable. The expected repayment schedule of the convertible senior notes and long-term borrowings have been disclosed in Note 9 and Note 11, respectively.

Contingencies

The Group is subject to legal proceedings in the ordinary course of business. The Group records a liability when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated. The Group reviews the need for any such liability on a regular basis.

For the year ended December 31, 2022, the Group accrued for the loss contingency amounted RMB92.9

million related to an ongoing investigation of the alleged illegal activity on the source of the funding consumed on Momo’s platform as the Group determines that an unfavorable outcome is probable and the amount is reasonably estimable. The contingent loss liability has been settled in 2023, pursuant to a first-instance judgment by relevant authorities. The Company is in the process of claiming against the judgment.

The Group does not believe that any other currently pending legal or administrative proceeding to which the Group is a party will have a material effect on its business or financial condition.

Segment Information - Additional Information (Detail)	12 Months Ended
Segment Information - Additional Information (Detail)	Dec. 31, 2023 Segment
Segment Reporting [Abstract]
Number of operating segments	3

Related Party Balances and Transactions

12 Months Ended

Dec. 31, 2023

Related Party Balances and Transactions

19.	RELATED PARTY BALANCES AND TRANSACTIONS


Major related parties		Relationship with the Group
Hunan Qindao Network Media Technology Co., Ltd.		Affiliate of a long-term investee

(1)

Amount due from related parties


	As of December 31,
	2022		2023
	RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (i)		—		27,258
Others		55		—

Total		55		27,258

(i)

following

years. According to the arrangement of repayment plan, RMB7,258 is due in year of 2024 and RMB10,000 is due in year of 2025 and 2026, respectively.

(2)

Amount due to related parties – current


	As of December 31,
	2022		2023
	RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (ii)		9,178		4,314

Total		9,178		4,314

(ii)	The amount of RMB9,178 and R MB4,314 as of December 31, 2022 and 2023 represented the unpaid revenue sharing of live video service to Hunan Qindao Network Media Technology Co., Ltd.

(3)

Purchases from related parties


	For the year ended December 31,
	2021		2022		2023
	RMB		RMB		RMB
Hunan Qindao Network Media Technology Co., Ltd. (iii)		253,691		176,674		179,000
Others		115		—		55

Total		253,806		176,674		179,055

(iii)

The purchases from Hunan Qindao Network Media Technology Co., Ltd. mainly represented the Revenue Sharing.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483326/850-10-50-1

+ Details

Related Party Balances and Transactions - Schedule of Amount Due from a Related Party-current (Parenthetical) (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2026	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Repayment of revenue due to related parties	¥ 10,000	¥ 10,000	¥ 7,258
Hunan Qindao Network Media Technology Co., Ltd. [Member]
Related Party Transaction [Line Items]
Prepayment of revenue due to related parties				¥ 27,258

Share-Based Compensation - Schedule of Assumptions Used to Estimate Fair Value of Stock Options Granted (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
2014 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate of return, minimum	4.24%	2.20%	1.64%
Risk-free interest rate of return, maximum	5.66%	4.86%	1.96%
Expected term	6 years	6 years	6 years
Volatility, minimum	62.50%	50.30%	50.20%
Volatility, maximum	66.10%	57.80%	51.80%
Dividend yield	0.00%	0.00%	0.00%
Exercise price	$ 0.0002	$ 0.0002	$ 0.0002
2018 Plan [Member] \| Options classified as Equity Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate of return, minimum		4.40%	2.04%
Risk-free interest rate of return	5.45%
Risk-free interest rate of return, maximum		4.40%	2.04%
Expected term	10 years	10 years	10 years
Volatility, minimum		56.20%	59.00%
Volatility	56.60%
Volatility, maximum		56.20%	59.00%
Dividend yield	0.00%	0.00%	0.00%
Exercise price	$ 0.0001	$ 0.0001
2018 Plan [Member] \| Minimum [Member] \| Options classified as Equity Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price			$ 0.002
2018 Plan [Member] \| Maximum [Member] \| Options classified as Equity Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price			$ 5

Prepaid Expenses and Other Current Assets (Tables)

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:


	As of December 31,
	2022		2023
	RMB		RMB
Deposits with third-party payment channels (i)		242,863		245,052
Interest receivable		346,994		233,280
Input VAT (ii)		58,058		94,063
Advance to suppliers (iii)		81,821		78,118
Deferred platform commission cost		32,004		30,539
Prepaid service fee and issuance fee		26,172		17,004
Others		31,794		25,308

		819,706		723,364

(i)

(ii)	Input VAT mainly occurred from the purchasing of goods or other services, property and equipment and advertising activities. It is subject to verification by related tax authorities before offsetting the VAT output.

(iii)

Advance to suppliers were primarily for advertising fees and related service fees.

Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets, net consisted of the following:


	As of December 31,
	2022			2023
	RMB			RMB
Trade name		689,333			709,591
Active user		368,555			379,387
Technology		28,086			28,911
License		51,178			51,178
Less: accumulated amortization		(526,300	)		(531,416	)
Less: accumulated impairment loss		(538,109	)		(538,109	)
Exchange difference		(50,540	)		(82,456	)

Net book value		22,203			17,086

Schedule of Future Amortization Expense

The estimated aggregate amortization expenses for each of the five succeeding fiscal years and thereafter are as follows:


For the year ended December 31,	Amounts
2024		5,116
2025		5,116
2026		5,116
2027		1,358
2028		104
Thereafter		276

Total		17,086

Consolidated Statements of Operations (Parenthetical) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Share-based compensation	¥ 267,101	¥ 401,484	¥ 475,771
Cost Of Revenues [Member]
Share-based compensation	6,307	14,195	17,941
Research And Development [Member]
Share-based compensation	64,561	88,797	139,571
Sales And Marketing [Member]
Share-based compensation	29,066	38,432	70,821
General And Administrative [Member]
Share-based compensation	¥ 167,167	¥ 260,060	¥ 247,438

Subsequent Events

12 Months Ended

Dec. 31, 2023

Subsequent Events [Abstract]

Subsequent Events

23.	SUBSEQUENT EVENTS

Special cash dividend

On March 14, 2024, the Company declared a special cash dividend in the amount of US$0.54 per ADS, or US$0.27 per ordinary share. The cash dividend will be paid on April 30, 2024 to shareholders of record at the close of business on April 12, 2024. The

ex-dividend

date was April 11, 2024. The aggregate amount of cash dividends to be paid is approximately US$98.9 million, which will be funded by available cash on the Company’s balance sheet.

Share repurchase program

On June 7, 2022, Hello Group’s board of directors authorized a share repurchase program under which the Company may repurchase up to US$200 million of its shares up to June 6, 2024 (the “Share Repurchase Program”). On March 14, 2024, the Company’s board of directors approved to amend the Share Repurchase Program to (i) extend the term of the Share Repurchase Program up to June 30, 2026, and (ii) upsize the Share Repurchase Program so that the Company is authorized to, from time to time, acquire up to an aggregate of US$286.1 million worth of its shares in the form of ADSs and/or the ordinary shares of the Company in the open market and through privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations.

Convertible Senior Notes

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Convertible Senior Notes

9.	CONVERTIBLE SENIOR NOTES

In July 2018, the Company issued RMB4,985 million (US$725 million) of convertible senior notes (the “Notes”) which will mature on July 1, 2025. The Notes will be convertible into the Company’s American depositary shares (“ADSs”), at the option of the holders, based on an initial conversion rate of 15.4776 of the Company’s ADSs per US$1,000 principal amount of Notes (which is equivalent to an initial conversion price of approximately US$64.61 per ADS and represents an approximately 42.5% conversion premium over the closing trading price of the Company’s ADSs on June 26, 2018, which was US$45.34 per ADS). The conversion rate for the Notes is subject to adjustments upon the occurrence of certain events. During the year ended December 31, 2022, the conversion rate was adjusted to 19.1861 of the Company’s ADSs per US$1,000 principal amount of Notes (which is equivalent to a conversion price of approximately US$52.12 per ADS) due to the cash dividend paid in April 2022. During the year ended December 31, 2023, the conversion rate was adjusted to 21.0061 of the Company’s ADSs per US$1,000 principal amount of Notes (which is equivalent to a conversion price of approximately US$47.61 per ADS) due to the cash dividend paid in 2023.

The holders of the Notes may convert their notes, in integral multiples of US$1,000 principal amount, at any time prior to the day immediately preceding the maturity date. The Company will not have the right to redeem the Notes prior to maturity, except in the event of certain changes to the tax laws or their application or interpretation. The holders of the Notes had the right to require the Company to repurchase all or part of their Notes in cash on July 1, 2023, or in the event of certain fundamental changes, therefore the Notes are reclassified as current liabilities as of December 31, 2022. As of December 31, 2022 and 2023, no Notes were converted into the Company’s ADSs.

The Notes bear interest at a rate of 1.25% per year and

are

payable semiannually.

The conversion option meets the definition of a derivative. However, since the conversion option is considered indexed to the Company’s own stock and classified in stockholders’ equity, the scope exception is met and accordingly the bifurcation of the conversion option from the Notes is not required. There is no beneficial conversion feature attributable to the Notes as the set conversion prices for the Notes are greater than the respective fair values of the ordinary share price at date of issuance. Additionally, the feature of mandatory redemption upon maturity is clearly and closely related to the debt host and does not need to be bifurcated.

Based on above, the Company accounted for the Notes in accordance with ASC 470 “Debt”, as a single instrument under long-term debt. Issuance costs related to the Notes is recorded in consolidate

balance sheet as a direct deduction from the principal amount of the Notes.

During the year ended December 31, 2022, the Company repurchased RMB2,331,509 (US$338,037) aggregate principal amount of convertible senior notes from certain holders, for an aggregate repurchase price of RMB2,136,987 (US$320,048) including accrued and unpaid interest, which resulted in a gain of RMB129,575 recorded under “other gain or loss, net” in the consolidated statements of operations. During the year ended December 31, 2023, the Company repurchased RMB2,727,724 (US$384,192) aggregate principal amount of convertible senior notes from certain holders, for an aggregate repurchase price of RMB2,679,942 (US$383,703) including accrued and unpaid interest, which resulted in a gain of RMB4,565 recorded under “other gain or loss, net” in the consolidated statements of operations.

As of December 31, 2022 and 2023, the carrying value of the Notes was RMB2,646,168 and RMB19,571

including unamortized issuance cost of RMB22,793 and RMB101, respectively. The issuance costs are being amortized through interest expense over the period from July 2, 2018, the date of issuance, to July 1, 2025, the date of expiration, using the effective interest rate method which was 1.61% for the years ended December 31, 2022 and 2023. Amortization and interest expenses related to the convertible senior notes amounted to RMB83,530 and RMB39,939 during the years ended December 31, 2022 and 2023.

As of December 31, 2023, the remaining principle of Notes was US$2,771, which will be repaid on July 1, 2025, assuming the holders of the Notes will not exercise the right to convertible into the Company’s ADS.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
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-Name Accounting Standards Codification
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-URI https://asc.fasb.org//470/tableOfContent

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1B
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-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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-Paragraph 1B
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
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-Subparagraph (a)
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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-Subparagraph (c)
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
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-Subparagraph (d)
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

Long-Term Investments - Summary of Equity and Cost Method Investments (Parenthetical) (Detail) ¥ in Thousands, $ in Thousands					12 Months Ended
	Mar. 31, 2022 CNY (¥)	Sep. 12, 2018 CNY (¥)	Aug. 18, 2015 CNY (¥)	Jan. 09, 2015 CNY (¥)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)	Oct. 31, 2023 CNY (¥)	Apr. 09, 2021 CNY (¥)
Investments [Line Items]
Share of (loss) income on equity method investments					$ (9,950)	¥ (70,643)	¥ 11,073	¥ (8,084)
Proceeds from Equity Method Investment, Distribution					$ 291	2,067	1,708	0
Preferred Share Subscription Agreement [Member]
Investments [Line Items]
Issued Capital Subscribed										¥ 300,000
Class A Participating And Non Voting Shares [Member]
Investments [Line Items]
Capital Contribution								114,707
Fair Value, Option, Changes in Fair Value, Gain (Loss)						¥ 43,854	¥ 19,010
Jingwei Chuangteng (Hangzhou) L.P. [Member]
Investments [Line Items]
Percentage of ownership				4.90%	2.40%	2.40%	2.40%
Share of (loss) income on equity method investments						¥ 24,227	¥ 397	5,147
Payment of equity method investment				¥ 30,000
Proceeds from Equity Method Investment, Distribution						718
Hangzhou Aqua Ventures Investment Management L.P. [Member]
Investments [Line Items]
Percentage of ownership			42.70%
Share of (loss) income on equity method investments						356	3,752	11,013
Payment of equity method investment			¥ 50,000
Chengdu Tianfu Qianshi Equity Lp Investment [Member]
Investments [Line Items]
Percentage of ownership		5.10%
Share of (loss) income on equity method investments						1,531	286	¥ 2,453
Payment of equity method investment		¥ 30,000
Proceeds from Equity Method Investment, Distribution						¥ 1,349	¥ 2,480
Haining Yijiayi Culture Co Ltd [Member] \| Preferred Share Subscription Agreement [Member]
Investments [Line Items]
cash consideration for disposal of preferred stock									¥ 25,000
ShenzenInmo Technology Co Ltd [Member]
Investments [Line Items]
Payment to acquire equity securities without readily determinable fair value	¥ 55,343

Long-Term Investments - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Gain or Loss Net [Member]
Impairment loss on long-term investments	¥ 31,250	¥ 11,250	¥ 18,000

Fair Value - Schedule of Assets Measured at Fair Value on Recurring Basis (Detail) ¥ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 0	¥ 0	¥ 300,240
Fair Value, Measurements, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents		5,620,466	5,018,129
Short-term investments			300,240
Total		5,620,466	5,318,369
Fair Value, Measurements, Recurring [Member] \| Quoted Prices in Active Market for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents		5,620,466	5,018,129
Total		¥ 5,620,466	5,018,129
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments			300,240
Total			¥ 300,240

Borrowing - Schedule of Long-term Borrowings (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
2024	¥ 215,615	¥ 0
2025	1,938,385	0
Total	¥ 2,154,000	¥ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482900/835-30-50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
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-Name Accounting Standards Codification
-Section S99
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Section S99
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-Subparagraph (SX 210.12-04(a))
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1F

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1F

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1F

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1F

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I

+ Details

Fair Value (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on Recurring Basis


	Fair Value Measured as of December 31,
Description	2023		Quoted Prices in Active Market for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	RMB		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents		5,620,466		5,620,466		—		—

Total		5,620,466		5,620,466		—		—


	Fair Value Measured as of December 31,
Description	2022		Quoted Prices in Active Market for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	RMB		(Level 1)		(Level 2)		(Level 3)
Cash and cash equivalents		5,018,129		5,018,129		—		—
Short-term investments		300,240		—		300,240		—

Total		5,318,369		5,018,129		300,240		—

Significant Accounting Policies

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Significant Accounting Policies

2.	SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The consolidated financial statements of the Group have been prepared in accordance with the accounting principles generally accepted in the United States of America (“U.S. GAAP”).

Basis of consolidation

Use of estimates

Cash and cash equivalents

Short-term restricted cash

Short-term deposits

Short-term deposits consist of bank deposits with an original maturity of over three months but within one year.

Short-term investments

Long-term restricted cash

Long-term deposits

Accounts receivable

Financial instruments

Foreign currency risk

Concentration of credit risk

Third-party application stores and other payment channels accounting for 10% or more of accounts receivables are as follows:


	As of December 31,

	2022			2023
A		18	%		22	%
B		15	%		N/A

Users or customers accounting for 10% or more of accounts receivables is as follows:


	As of December 31,

	2022			2023
C		12	%		N/A

Concentration of revenue

No user or customer accounted for 10% or more of net revenues for the years ended December 31, 2021, 2022 and 2023, respectively.

Equity securities without readily determinable fair value

Equity method investments

Fair value option investments

Property and equipment, net

Property and equipment are stated at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:


Office equipment			3-5 years
Computer equipment			3 years
Vehicles			5 years
Leasehold improvement			Shorter of the lease term or estimated useful lives

RMB nil and RMB547,384, respectively, were primarily relating to the construction of office buildings and related premises.

Intangible assets


License			3.2-10 years
Technology			3 years
Active user			5 years
Trade name			10 years

Impairment of long-lived assets with finite lives

Convertible senior notes

Long-term

borrowing

Fair value

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Revenue recognition

For the years ended December 31, 2021, 2022 and 2023, the Group’s revenue is reported net of discounts, value added tax and surcharges.

The following table provides information about disaggregated revenue by types, including a reconciliation of the disaggregated revenue with the Group’s reportable segments:


	For the year ended December 31, 2023

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		5,567,894		504,977		—
Value-added services		5,085,541		667,030		—
Mobile marketing		109,125		24,552		—
Mobile games		19,610		—		—
Other services		16,337		—		7,257

Total		10,798,507		1,196,559		7,257


	For the year ended December 31, 2022

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		5,966,323		544,137		—
Value-added services		5,183,302		823,716		—
Mobile marketing		124,956		—		—
Mobile games		55,732		—		—
Other services		4,781		—		1,225

Total		11,335,094		1,367,853		1,225


	For the year ended December 31, 2021

	Momo		Tantan		QOOL
	RMB		RMB		RMB
Live video service		7,475,809		903,136		—
Value-added services		4,845,744		1,126,048		—
Mobile marketing		159,010		—		—
Mobile games		47,712		—		—
Other services		12,930		—		5,330

Total		12,541,205		2,029,184		5,330

(a)

Live video service

pre-determined

non-refundable

non-refundable,

consumed at a

point-in-time

point-in-

(b)

Value-added services

point-in-time

(c)

Mobile marketing

The Group provides advertising and marketing solutions to customers for promotion of their brands and conduction of effective marketing activities through its mobile application.

Display-based mobile marketing services

Performance-based mobile marketing services

The Group also enables advertising customers to place links on its mobile platform on a

pay-for-effectiveness

The Group’s mobile marketing revenues are recognized net of agency rebates, if applicable. Agency rebates have not been material for the years ended December 31, 2021, 2022 and 2023.

(d)

Mobile games

The Group operates mobile games including both self-developed and licensed mobile games and generates mobile game revenues from the sales of

in-game

virtual currencies or virtual items.

For arrangements that the Group has determined that it is not the principal, the Group considers the game developers to be its customers and records revenue on a net basis based on the ratios

pre-determined

in-game

purchase.

(e)

Other services

Revenues from other services mainly consisted of music service revenues, film distribution service, film promotion service and peripheral products.

Practical expedients and exemptions

Contract balances

Cost of revenues

Government subsidies

Research and development expenses

Value added taxes (“VAT”)

Income taxes

more-likely-than-not

that a portion of or all of the deferred tax assets will not be realized.

tax-free

liquidation.

Foreign currency translation

Convenience translation

Leases

right-of-use

assets on its consolidated balance sheets at the lease commencement. The Group elected the practical expedient not to separate lease and

non-lease

right-of-use

Advertising expenses

Comprehensive (loss) income

Share-based compensation

paid-in

capital.

catch-up

adjustment in the period of change.

Net (loss) income per share

as-if-converted

method.

Recent accounting pronouncements adopted

In October 2021, the FASB issued ASU

No. 2021-08,

Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers (ASU

2021-08),

2021-08

on January 1, 2023 and the adoption did not have an impact on the Group’s consolidated financial statements.

In July 2023, the FASB issued ASU

No. 2023-03,

S-X:

Income or Loss Applicable to Common Stock.” ASU

2023-03

S-X:

Income or Loss Applicable to Common Stock. These updates were immediately effective and did not have a significant impact on the Group’s consolidated financial statements.

Recent accounting pronouncements not yet adopted

In June 2022, the FASB issued ASU

2022-03,

In November 2023, the FASB issued ASU

2023-07

“Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures” (“ASU

2023-07”).

ASU

2023-07

is effective for fiscal years beginning after December 15, 2023, and for interim periods with fiscal years beginning after December 15, 2024. ASU

2023-07

is to be adopted retrospectively to all prior periods presented. The Group is in the process of evaluating the impact of the adoption of this pronouncement on its consolidated financial statements.

In December 2023, the FASB issued ASU

2023-09

“Improvements to Income Tax Disclosures” (“ASU

2023-09”).

ASU

2023-09

intends to improve the transparency of income tax disclosures. ASU

2023-09

Net Income (Loss) Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

17.	NET (LOSS) INCOME PER SHARE

The calculation of net (loss) income per share is as follows:


	For the year ended December 31,
	2021			2022			2023
	RMB			RMB			RMB
Numerator:
Net (loss) income attributed to ordinary shareholders for computing net (loss) income per ordinary share-basic and diluted		(2,913,708	)		1,484,283			1,957,581
Denominator:
Denominator for computing net (loss) income per share-basic:
Weighted average ordinary shares outstanding used in computing net (loss) income per ordinary share-basic		404,701,910			390,176,367			377,639,399

Denominator for computing net (loss) income per share-diluted:
Weighted average shares outstanding used in computing net (loss) income per ordinary share-diluted		404,701,910	(i)		423,810,279	(i)		401,833,328	(i)

Net (loss) income per ordinary share attributable to Hello Group Inc. – basic		(7.20	)		3.80			5.18

Net (loss) income per ordinary share attributable to Hello Group Inc. – diluted		(7.20	)		3.65			4.92


	For the year ended December 31,
	2021		2022		2023
Share issuable upon exercise of share options		29,676,253		14,676,458		4,420,431
Share issuable upon exercise of RSUs		272,500		217,612		102,344

(i)

For the year ended December 31, 2022, an incremental weighted average number of 12,083,613 ordinary shares from the assumed exercise of share options and RSUs and an incremental weighted average number of 21,550,299 ordinary shares resulting from the assumed conversion of convertible senior notes were included.

For the year ended December 31, 2023, an incremental weighted average number of 16,849,667 ordinary shares from the assumed exercise of share options and RSUs and an incremental weighted average number of 7,344,262 ordinary shares resulting from the assumed conversion of convertible senior notes were included.

Cover Page	12 Months Ended
Cover Page	Dec. 31, 2023 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity Registrant Name	Hello Group Inc.
Entity Central Index Key	0001610601
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity File Number	001-36765
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	20th Floor, Block B
Entity Address, Address Line Two	Tower 2, Wangjing SOHO
Entity Address, Address Line Three	No. 1 Futongdong Street
Entity Address, City or Town	Beijing
Entity Address, Country	CN
Entity Address, Postal Zip Code	100102
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Registration Statement	false
Document Accounting Standard	U.S. GAAP
ICFR Auditor Attestation Flag	true
Auditor Name	Deloitte Touche Tohmatsu Certified Public Accountants LLP
Auditor Firm ID	1113
Auditor Location	Beijing, the People’s Republic of China
Document Financial Statement Error Correction [Flag]	false
American depositary shares [Member]
Document Information [Line Items]
Trading Symbol	MOMO
Title of 12(b) Security	American depositary shares
Security Exchange Name	NASDAQ
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	294,720,726
Title of 12(b) Security	Class A ordinary shares, par value US$0.0001 per share
Security Exchange Name	NASDAQ
No Trading Symbol Flag	true
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	80,364,466
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	20th Floor, Block B
Entity Address, Address Line Two	Tower 2, Wangjing SOHO
Entity Address, Address Line Three	No. 1 Futongdong Street
Entity Address, City or Town	Beijing
Entity Address, Country	CN
Entity Address, Postal Zip Code	100102
Contact Personnel Name	Cathy Hui Peng
Contact Personnel Email Address	ir@immomo.com

Organization and Principal Activities - Additional Information (Detail) ¥ in Thousands, $ in Thousands		12 Months Ended
	May 31, 2018 USD ($) shares	Dec. 31, 2023 asset_group related_party Term	Dec. 31, 2022	Dec. 31, 2021	May 31, 2018 CNY (¥)
Variable Interest Entity [Line Items]
Date of incorporation		Nov. 23, 2011
Percentage of VIEs revenues to the consolidated net revenues		93.30%	95.70%	98.40%
Percentage of VIEs assets to the consolidated total assets		24.10%	27.10%
Percentage of VIEs liability to the consolidated total liabilities		31.50%	29.90%
Number of consolidated VIEs' assets that are collateral for the VIEs' obligations \| asset_group		0
VIEs creditors having recourse to general credit of the Company \| related_party		0
Number of terms under arrangement with VIEs to provide financial support \| Term		0
Tantan Limited [Member]
Variable Interest Entity [Line Items]
Cash Consideration	$ 613,181				¥ 3,930,246
Tantan Limited [Member] \| Momo INC [Member]
Variable Interest Entity [Line Items]
Business acquisition percentage ownership	100.00%				100.00%
Class A Common Stock [Member] \| Tantan Limited [Member]
Variable Interest Entity [Line Items]
Business Acquisition , share issued \| shares	5,328,853
Business Operations Agreement [Member]
Variable Interest Entity [Line Items]
Effective years of agreement		10 years

Net Income (Loss) Per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Convertible Note [Member]
Earnings Per Share [Line Items]
Incremental weighted average number of shares resulting from the assumed conversion of convertible senior notes	7,344,262	21,550,299
RSUs [Member] \| Share Options [Member]
Earnings Per Share [Line Items]
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	16,849,667	12,083,613

Ordinary Shares - Additional Information (Detail) $ / shares in Units, ¥ in Thousands, $ in Thousands			12 Months Ended
	Jun. 07, 2022 USD ($)	Sep. 03, 2020 USD ($)	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 CNY (¥) shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2022 CNY (¥) shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2021 CNY (¥) shares
Class of Stock [Line Items]
Issuance of ordinary shares in connection with exercise of options and vesting of share units			6,467,898	6,467,898	5,748,524	5,748,524	4,344,192	4,344,192
Stock repurchased during period value \| ¥				¥ 212,195		¥ 395,846		¥ 862,865
Maximum [Member]
Class of Stock [Line Items]
Share repurchase program, authorized amount \| $	$ 200,000	$ 300,000
Stock repurchase program period in force	24 months	12 months
Class A Common Stock [Member]
Class of Stock [Line Items]
Stock repurchased during period shares			8,354,042	8,354,042	23,978,072	23,978,072	21,124,816	21,124,816
Stock repurchased during period value			$ 29,378	¥ 212,195	$ 56,714	¥ 395,846	$ 133,395	¥ 862,865
ADS [Member]
Class of Stock [Line Items]
Weighted average price of per ADS for repurchase share \| $ / shares			$ 7.01		$ 4.71		$ 12.61

Borrowing - Schedule of Borrowing in Respective Balance Sheet (Detail) - CNY (¥) ¥ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Long-term secured bank borrowings, current portion	¥ 215,615	¥ 0
Long-term secured bank borrowings, non-current portion	1,938,385	0
Total	¥ 2,154,000	¥ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Income Taxes - Schedule of Reconciliation between Income Tax Expense to Income before Income Taxes and Actual Provision for Income Tax (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)
Income Taxes And Tax Related [Line Items]
Net (loss) income before provision for income tax	$ 373,577	¥ 2,652,361	¥ 2,031,217	¥ (2,095,064)
Income tax (benefit) expense at statutory tax rate		663,090	507,804	(523,766)
Permanent differences and Research and development super-deduction		(76,414)	(34,966)	(55,871)
Change in valuation allowance		31,283	64,389	118,570
Effect of income tax rate difference in other jurisdictions		41,854	35,564	1,201,729
Effect of tax holidays and preferential tax rates		(213,804)	(147,894)	(195,209)
Effect of the preferential tax rate adjustment of prior year's EIT		0	(26,873)	(60,325)
Effect of PRC withholding tax		184,014	164,257	337,428
Provision for income tax	$ 88,737	¥ 630,023	¥ 562,281	¥ 822,556
PRC [Member]
Income Taxes And Tax Related [Line Items]
PRC statutory tax rate	25.00%	25.00%	25.00%	25.00%

Organization and Principal Activities - Schedule of Amounts and Balances of VIEs Included in Consolidated Financial Statements After Elimination of Intercompany Balances and Transactions (Detail) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)	Dec. 31, 2021 CNY (¥)	Dec. 31, 2023 CNY (¥)
Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 791,626		¥ 5,018,129		¥ 5,620,466
Short-term deposits	178,964		5,300,000		1,270,626
Total current assets	1,103,308		11,724,547		7,833,378
Long-term deposits	552,821		2,600,000		3,924,975
Long-term investments	110,834		893,988		786,911
Other non-current assets	25,360		162,499		180,052
Total assets	2,285,669		15,829,587		16,228,009
Accounts payable	86,857		617,022		616,681
Deferred revenue	62,368		484,775		442,805
Other current liabilities			9,178		4,314
Total current liabilities	294,656		4,738,247		2,092,020
Other non-current liabilities	16,069		105,410		114,085
Total liabilities	597,365		4,898,949		4,241,219
Net income		¥ 1,957,581	1,484,283	¥ (2,913,708)
Net cash provided by operating activities	320,729	2,277,161	1,226,891	1,559,198
Net cash provided by investing activities	$ 339,873	2,413,069	1,715,845	2,550,342
Beijing Momo Technology Co., Ltd. [Member]
Variable Interest Entity [Line Items]
Cash and cash equivalents			2,108,248		2,622,793
Short-term deposits			850,000		0
Other current assets			654,109		533,132
Total current assets			3,612,357		3,155,925
Long-term deposits			0		150,000
Long-term investments			380,187		295,840
Other non-current assets			291,841		314,121
Total assets			4,284,385		3,915,886
Accounts payable			509,042		521,303
Deferred revenue			469,076		428,547
Other current liabilities			451,793		355,822
Total current liabilities			1,429,911		1,305,672
Other non-current liabilities			34,059		29,279
Total liabilities			1,463,970		¥ 1,334,951
Net revenues		11,203,950	12,152,997	14,336,539
Net income		4,179,878	4,593,510	5,674,607
Net cash provided by operating activities		4,118,893	4,445,523	5,748,529
Net cash provided by investing activities		¥ 726,076	¥ 451,928	¥ 254,093

Income Taxes - Increase in Income Tax Expenses and Net Income Per Share Amounts (Detail) - CNY (¥) ¥ / shares in Units, ¥ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Increase in income tax expenses	¥ 213,804	¥ 147,894	¥ 195,209
Net (loss) income per ordinary share attributable to Momo Inc. - basic	¥ 4.62	¥ 3.43	¥ (7.68)
Net (loss) income per ordinary share attributable to Momo Inc. - diluted	¥ 4.39	¥ 3.3	¥ (7.68)

Net Income (Loss) Per Share - Summary of Potential Ordinary Shares Outstanding Excluded from Computation of Diluted Net income (Loss) Per Ordinary Share (Detail) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential ordinary shares outstanding excluded from the computation of diluted net income (loss) per ordinary share	4,420,431	14,676,458	29,676,253
RSUs [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential ordinary shares outstanding excluded from the computation of diluted net income (loss) per ordinary share	102,344	217,612	272,500

Significant Accounting Policies - Schedule of Estimated Useful Lives of Property and Equipment (Detail)	12 Months Ended
	Dec. 31, 2023
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	3 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	5 years
Leasehold Improvement [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	Shorter of the lease term or estimated useful lives
Minimum [Member] \| Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	3 years
Maximum [Member] \| Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful life	5 years

Segment Information (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Components of Revenues

Net revenues, operating cost and expenses, operating income, and net income by segment for the years ended December 31, 2021, 2022 and 2023 were as follows:


	For the year ended December 31, 2021

	Momo			Tantan			QOOL			Unallocated			Consolidated
	RMB			RMB			RMB			RMB			RMB
Net revenues:		12,541,205			2,029,184			5,330			—			14,575,719
Cost and expenses:											—
Cost of revenues		(7,301,048	)		(1,044,852	)		(37,531	)		—			(8,383,431	)
Research and development		(828,688	)		(303,093	)		—			—			(1,131,781	)
Sales and marketing		(1,420,130	)		(1,180,146	)		(4,033	)		—			(2,604,309	)
General and administrative		(619,922	)		18,401			(23,179	)		—			(624,700	)
Impairment loss on goodwill and intangible assets		—			—			—			(4,397,012	)		(4,397,012	)
Total cost and expenses		(10,169,788	)		(2,509,690	)		(64,743	)		(4,397,012	)		(17,141,233	)
Other operating income		138,884			37,029			34			—			175,947
Income (loss) from operations		2,510,301			(443,477	)		(59,379	)		(4,397,012	)		(2,389,567	)
Interest income		383,028			1,091			160			—			384,279
Interest expense		(73,776	)		—			—			—			(73,776	)
Other gain or loss, net		(16,000	)		—			—			—			(16,000	)
Income tax (expenses) benefits		(844,987	)		22,431			—			—			(822,556	)
Share of loss on equity method investments		(8,084	)		—			—			—			(8,084	)

Net income (loss)		1,950,482			(419,955	)		(59,219	)		(4,397,012	)		(2,925,704	)

The impairment loss was presented as an unallocated item in the segment information because the CEO does not consider this as part of the segment operating performance measure.


	For the year ended December 31, 2022

	Momo			Tantan			QOOL			Consolidated
	RMB			RMB			RMB			RMB
Net revenues:		11,335,094			1,367,853			1,225			12,704,172
Cost and expenses:
Cost of revenues		(6,704,020	)		(714,936	)		(2,463	)		(7,421,419	)
Research and development		(737,380	)		(268,839	)		—			(1,006,219	)
Sales and marketing		(1,346,692	)		(721,889	)		(5,036	)		(2,073,617	)
General and administrative		(547,798	)		(33,234	)		(14,974	)		(596,006	)
Total cost and expenses		(9,335,890	)		(1,738,898	)		(22,473	)		(11,097,261	)
Other operating income		8,753			11,830			49			20,632
Income (loss) from operations		2,007,957			(359,215	)		(21,199	)		1,627,543
Interest income		368,051			544			284			368,879
Interest expense		(83,530	)		—			—			(83,530	)
Other gain or loss, net		118,325			—			—			118,325
Income tax (expenses) benefits		(586,663	)		24,382			—			(562,281	)
Share of income on equity method investments		11,073			—			—			11,073

Net income (loss)		1,835,213			(334,289	)		(20,915	)		1,480,009


	For the year ended December 31, 2023

	Momo			Tantan			QOOL			Consolidated
	RMB			RMB			RMB			RMB
Net revenues:		10,798,507			1,196,559			7,257			12,002,323
Cost and expenses:
Cost of revenues		(6,404,042	)		(599,348	)		(22,004	)		(7,025,394	)
Research and development		(664,340	)		(220,250	)		—			(884,590	)
Sales and marketing		(1,138,505	)		(268,652	)		(7,792	)		(1,414,949	)
General and administrative		(467,537	)		(26,482	)		(8,460	)		(502,479	)
Total cost and expenses		(8,674,424	)		(1,114,732	)		(38,256	)		(9,827,412	)
Other operating income		125,318			4,411			376			130,105
Income (loss) from operations		2,249,401			86,238			(30,623	)		2,305,016
Interest income		435,451			713			89			436,253
Interest expense		(62,223	)		—			—			(62,223	)
Other gain or loss, net		(26,685	)		—			—			(26,685	)
Income tax expenses		(623,844	)		(6,179	)		—			(630,023	)
Share of loss on equity method investments		(70,643	)		—			—			(70,643	)

Net income (loss)		1,901,457			80,772			(30,534	)		1,951,695

Commitments and Contingencies - Additional Information (Detail) - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2023
Commitments and Contingencies [Line Items]
Contractual Obligation	¥ 85,000	¥ 126,250
Office Building [Member]
Commitments and Contingencies [Line Items]
Total capital commitments contracted		¥ 292,116
Relating To On Going Investigation Regarding The Source Of Funding [Member]
Commitments and Contingencies [Line Items]
Loss contingency accrual during the period value	¥ 92,900

Leases - Summary of Future Minimum Payments Under Operating Leases (Detail) ¥ in Thousands	Dec. 31, 2023 CNY (¥)
Leases [Abstract]
2024	¥ 61,638
2025	44,847
2026 and thereafter	12,554
Less imputed interest	6,860
Total	¥ 112,179

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Summary of Option Activity

The following table summarizes the option activity for the year ended December 31, 2023:


	Number of options			Weighted average exercise price per option (US$)		Weighted average remaining contractual life (years)		Aggregated intrinsic Value (US$)
Outstanding as of December 31, 2022		28,244,623			0.0157		6.40		126,375

Granted		7,888,864			0.0002
Exercised		(6,349,148	)		0.0133
Forfeited/cancel		(500,386	)		0.0002

Outstanding as of December 31, 2023		29,283,953			0.0123		7.27		101,402

Exercisable as of December 31, 2023		15,275,055			0.0234		5.83		52,724

Schedule of Assumptions Used to Estimate Fair Value of Stock Options Granted

The fair value of options granted was estimated on the date of grant using the Black-Sholes pricing model with the following assumptions used for grants during the applicable periods:

Risk-free interest
rate of return

Expected term

Volatility

Dividend yield

Exercise price
(US$)

2021

1.64%~1.96%

6 years

50.2%~51.8%

—

0.0002

2022

2.20%~4.86%

6 years

50.3%~57.8%

—

0.0002

2023

4.24%~5.66%

6 years

62.5%~66.1%

—

0.0002

Options classified as Equity Awards [Member]

Summary of Option Activity

The following table summarizes the option activity for the year ended December 31, 2023:


	Number of options			Weighted average exercise price per option		Weighted average remaining contractual life		Aggregated intrinsic Value
				(US$)		(years)		(US$)
Outstanding as of December 31, 2022		4,621,016			1.4607		6.58		—

Granted		46,000			0.0001
Repurchased		(393,457	)		0.9930
Forfeited		(461,258	)		0.1361

Outstanding as of December 31, 2023		3,812,301			1.6516		5.69		—

Exercisable as of December 31, 2023		3,079,483			2.0289		5.04		—

Schedule of Assumptions Used to Estimate Fair Value of Stock Options Granted

The fair value of each option granted was estimated on the date of grant using the binomial tree pricing model with the following assumptions used for grants during the applicable periods:


	Risk-free interest rate of return		Contractual term		Volatility		Dividend yield		Exercise price (US$)
2021		2.04%~2.04%		10 years		59.0%~59.0%		—		0.002~5.0
2022		4.40%~4.40%		10 years		56.2%~56.2%		—		0.0001
2023		5.45%		10 years		56.6%		—		0.0001

Short-Term Investments (Tables)

12 Months Ended

Dec. 31, 2023

Short-Term Investments [Abstract]

Summary of Short Term Investment


	As of December 31,
	2022		2023
	RMB		RMB
Variable-rate financial instruments		300,240		—

		300,240		—

Significant Accounting Policies - Additional Information (Detail) ¥ in Thousands, $ in Thousands			12 Months Ended
	Jan. 01, 2023 CNY (¥)	Jan. 01, 2022 CNY (¥)	Dec. 31, 2023 CNY (¥) Customer	Dec. 31, 2022 CNY (¥) Customer	Dec. 31, 2021 CNY (¥) Customer	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)
Accounting Policies [Line Items]
Cash and cash equivalents				¥ 5,018,129		$ 791,626	¥ 5,620,466
Deferred revenue recognized	¥ 484,775	¥ 539,967
Impairment charges related to contract assets			¥ 0
Value added tax incurred			¥ 901,381	977,780	¥ 1,136,147
Foreign Currency Exchange difference			Translations of the consolidated balance sheets, the consolidated statements of operations, the consolidated statements of comprehensive (loss) income, and the consolidated statements of cash flows from RMB into US$ as of and for the year ended December 31, 2023 are solely for the convenience of the readers and were calculated at the rate of US$1.00=RMB7.0999, representing the noon buying rate set forth in the H.10 statistical release of the U.S. Federal Reserve Board on December 29, 2023. No representation is made that the RMB amounts could have been, or could be, converted, realized or settled into US$ at that rate on December 31, 2023, or at any other rate.
Foreign currency translation exchange rate						7.0999	7.0999
Advertising expense			¥ 1,173,743	1,766,995	2,192,512
Construction in Progress, Gross				0			¥ 547,384
Minimum [Member] \| Ownership Interest [Member]
Accounting Policies [Line Items]
Percentage of ownership, equity method investment						20.00%	20.00%
Maximum [Member]
Accounting Policies [Line Items]
Contracts, original duration			1 year
Maximum [Member] \| Ownership Interest [Member]
Accounting Policies [Line Items]
Percentage of ownership, equity method investment						50.00%	50.00%
Short-term deposits [Member] \| Minimum [Member]
Accounting Policies [Line Items]
Bank deposits maturity			3 months
Short-term deposits [Member] \| Maximum [Member]
Accounting Policies [Line Items]
Bank deposits maturity			1 year
Long-term deposits [Member] \| Minimum [Member]
Accounting Policies [Line Items]
Bank deposits maturity			1 year
Membership Subscription [Member]
Accounting Policies [Line Items]
Contract period, minimum			1 month
Contract period, maximum			1 year
Government Subsidies [Member]
Accounting Policies [Line Items]
Other operating income			¥ 72,502	¥ 23,593	¥ 63,615
User Concentration Risk [Member] \| Revenues [Member]
Accounting Policies [Line Items]
Number of users or customer accounted for 10% or more of total revenues \| Customer			0	0	0
China, Yuan Renminbi
Accounting Policies [Line Items]
Cash and cash equivalents				¥ 12,600,000			¥ 9,564,000

Consolidated Balance Sheets ¥ in Thousands, $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2023 CNY (¥)	Dec. 31, 2022 CNY (¥)
Current assets
Cash and cash equivalents	$ 791,626	¥ 5,620,466	¥ 5,018,129
Short-term deposits	178,964	1,270,626	5,300,000
Restricted cash	1,429	10,147	97,706
Short-term investments	0	0	300,240
Accounts receivable, net of allowance for doubtful accounts of RMB5,870 and RMB12,780 as of December 31, 2022 and 2023, respectively	28,383	201,517	188,711
Prepaid expenses and other current assets	101,884	723,364	819,706
Total current assets	1,103,308	7,833,378	11,724,547
Long-term deposits	552,821	3,924,975	2,600,000
Long-term restricted cash	373,569	2,652,299	82,766
Right-of-use assets, net	15,433	109,572	115,520
Property and equipment, net	92,823	659,033	172,984
Intangible assets,net	2,407	17,086	22,203
Rental deposits	1,826	12,962	20,737
Long-term investments	110,834	786,911	893,988
Other non-current assets	25,360	180,052	162,499
Deferred tax assets	4,471	31,741	34,343
Total assets	2,285,669	16,228,009	15,829,587
Current liabilities
Accounts payable (including accounts payable of the consolidated VIEs without recourse to the Company of RMB509,042 and RMB521,303 as of December 31, 2022 and 2023, respectively)	86,857	616,681	617,022
Deferred revenue (including deferred revenue of the consolidated VIEs without recourse to the Company of RMB469,076 and RMB428,547 as of December 31, 2022 and 2023, respectively)	62,368	442,805	484,775
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIEs without recourse to the Company of RMB381,220 and RMB293,194 as of December 31, 2022 and 2023, respectively)	88,821	630,617	797,504
Amount due to related parties (including amount due to related parties of the consolidated VIEs without recourse to the Company of RMB9,178 and RMB4,314 as of December 31, 2022 and 2023, respectively)		4,314	9,178
Lease liabilities due within one year (including lease liabilities due within one year of the consolidated VIEs without recourse to the Company of RMB23,558 and RMB25,031 as of December 31, 2022 and 2023, respectively)	8,452	60,008	88,352
Income tax payable (including income tax payable of the consolidated VIEs without recourse to the Company of RMB37,837 and RMB33,283 as of December 31, 2022 and 2023, respectively)	13,341	94,719	68,765
Deferred consideration in connection with business acquisitions (including deferred consideration in connection with business acquisitions of the consolidated VIEs without recourse to the Company of RMB nil and RMB nil as of December 31, 2022 and 2023, respectively)	3,840	27,261	26,483
Long-term borrowings, current portion (including long-term borrowings, current portion of the consolidated VIEs without recourse to the Company of RMB nil and RMB nil as of December 31, 2022 and 2023, respectively)	30,369	215,615	0
Convertible senior notes-current (including convertible senior notes-current of the consolidated VIEs without recourse to the Company of RMB nil and RMB nil as of December 31, 2022 and 2023, respectively)	0	0	2,646,168
Total current liabilities	294,656	2,092,020	4,738,247
Deferred tax liabilities	3,519	24,987	22,011
Long-term borrowings	273,016	1,938,385	0
Lease liabilities	7,348	52,171	33,281
Other non-current liabilities	16,069	114,085	105,410
Total liabilities	597,365	4,241,219	4,898,949
Commitments and contingencies (Note 18)
Equity
Treasury stock	(310,340)	(2,203,380)	(1,991,185)
Additional paid-in capital	1,100,533	7,813,675	7,587,543
Retained earnings	890,217	6,320,450	5,320,921
Accumulated other comprehensive income (loss)	(17,758)	(126,082)	(140,253)
Non-controlling interest	25,612	181,841	153,331
Total equity	1,688,304	11,986,790	10,930,638
Total liabilities and equity	2,285,669	16,228,009	15,829,587
Related Party [Member]
Current assets
Amounts due from related parties	1,022	7,258	55
Amounts due from related parties-non current	2,817	20,000	0
Current liabilities
Amount due to related parties (including amount due to related parties of the consolidated VIEs without recourse to the Company of RMB9,178 and RMB4,314 as of December 31, 2022 and 2023, respectively)	608	4,314	9,178
Senior Notes [Member]
Current liabilities
Convertible senior notes	2,757	19,571	0
Class A Common Stock [Member]
Equity
Ordinary shares, value	33	235	230
Class B Common Stock [Member]
Equity
Ordinary shares, value	$ 7	¥ 51	¥ 51