BE FRIENDS HLDG (01450) announced that in the third quarter of 2025, the group achieved a total gross merchandise value (GMV) of approximately RMB 2.55 billion, representing a decline of about 12.07% compared to the third quarter of 2024. For the first three quarters of 2025, the cumulative GMV reached approximately RMB 9.53 billion, showing an increase of about 7.56% compared to the same period in 2024. The group is a leading full-media service provider in China, primarily offering comprehensive video application services to new media platforms, industry clients, and broadcasting institutions, including live streaming, video content production, product sales, and operational maintenance services.
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