Ladies and gentlemen, thank you for standing by, and welcome to the Momo Third Quarter 2015 Earnings Conference Call. I must advise that this conference is being recorded today, Friday 20, November 2015. I would now like to hand the conference over to your first speaker today, Ms. Cathy Peng. Thank you. Please go ahead.

Thank you, Operator. Hello everyone and thank you for joining us today for Momo's third quarter 2015 earnings conference call. The company's results were released earlier today and are available on the company's IR Web site. Joining me today is our Chief Financial Officer, Mr. Jonathan Zhang. Mr. Zhang will discuss Momo's business operations, followed by financial review. Due to the pending going-private transaction, we will not be hosting a Q&A session following the end of the call. If you have any additional questions, please contact us at ir@immomo.com or 861-057-310-538. Before we begin, I would like to remind you that this call may contain forward-looking statements made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties, and other factors, all of which are difficult to predict and many of which are beyond the company's control, which may cause the company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties and factors is included in the company's filings with the U.S. Securities and Exchange Commission. The company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law. With that, I would like to pass the call over to Mr. Zhang, who will now go over the business and financial highlights for the quarter. Mr. Zhang, please.

Thank you, Cathy. Good morning and good evening everyone. Thanks for joining our conference call today. In absence of our CEO, Mr. Tang Yen, I will be covering both business updates and financial review. Looking at the company from a high level, we had a good quarter with a net revenue growing 204% year-on-year to $37.5 million. Non-GAAP net income for the quarter reached $3.9 million. Diving deeper into our business; let me now start with operating metrics. Monthly active users or MAUs, grew 21% year-on-year to 73 million in September 2015. The number of location-based interest groups increased to 5.9 million at the end of September up from 4.9 million a year ago. The growth of smartphone users in China has been slowing down meaningfully during the past couple of quarters. We believe such macro environment has created challenges for many mobile Internet players including ourselves. In such an operating environment, it becomes even more important for our team to stay focused on product innovations and building compiling user experience. During the third quarter, we continued to experiment on new features and functionalities as well as optimize the existing ones. For example, we revamped the group function making it easier for our users to connect their online group chats to offline events. We have also released a customizable privacy setting in order to satisfy a more personalized user demand in privacy protection area. During the national holiday season, we took advantage of the large group of golden week vacationers to test out an interesting new feature through which users can share their itineraries and see recommended users, who travel to the same city at the same time. Looking into the quarters ahead, we intended to continue our explorations in creating new ways for Momo users to socialize and have…

Thank you. Ladies and gentlemen, that does conclude our conference for today. Thank you for participating. You may all disconnect.