Toby Bordelon
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's been dragging them down at a time where they really don't need any other drags on their business, as we've already discussed here.
IGE is losing money on an operating basis.
I've got no expectations that changes anytime soon, honestly.
That's been my trend for this show.
There's a theme, people!
Look, honestly, I think there are better options elsewhere.
Ad revenue is declining.
That seems to be a trend with Chinese companies generally right now.
It makes you wonder about the short-term state of that region's economy, quite frankly.
But there's nothing really unique with this business, Jason.
There's no compelling reason for consumers to stay on the platform.
Users are heading to other platforms in droves here.
And honestly, I think investors would be well-served to do the same.