LIZHI(LIZI) - 2023 Q2 - Quarterly Report

Exhibit 99.1 LIZHI INC. Reports Second Quarter 2023 Unaudited Financial Results GUANGZHOU, China, Aug. 29, 2023 /GLOBE NEWSWIRE/ - LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operational Highlights · Net revenues were RMB592.9 million (US$81.8 million) in the second quarter of 2023, representing a 15% increase from R ...