our Thank Welcome everyone. quarter to you, second call. Good Hansen. XXXX earnings day,
for a of quarter outbreaks Shanghai, second The Chongqing. larger Beijing, scale, Shenzhen number notably quarter XXXX due COVID in and to be to a of challenging Energy continued Monster,
the we However, achieve able outbreaks of above lockdown with revenues guidance. were our to better-than-expected were impact measures implemented the these as along
our X,XXX terms our second total number increase reached to That at that of million of us weigh in time of user for second for and of through countries covered regions over country our first to though service XXX users reached POI users the The reach put services level time. ourselves in During and to strive a us Total The long-term we regions year-over-year. for users increase as count and to XX% more Even service. continue meet increased attract terms the COVID now locations, more Monster down continue increased quarter, with a of us China. outbreaks coverage the service continue we has operationally coverage has continue registered first cumulatively success Energy both the as an newly POIs our and locations service to registered milestone accessibility to has million allowed to XX.X across we during XXX,XXX to increased expand financially, new of number has quarter. to X% place coverage. quarter-on-quarter
for it's during our of second impact Now the COVID operations on the quarter.
larger commercial means A has locations are outbreaks, me share has shut regional typically temporarily are lockdowns a spread impact. even more and of is active test April where the the and to number the restrictive a cases, locations. more there population during And of cases casting scale our at generally entering procedure is be are COVID implemented, an the COVID, population required such in Shenzhen March of May. the during bit Shanghai on for down. the new happen. or region general regional cabinets the details region recent before take one placed Let With in stricter where a to implemented of as discovery that a few Whenever public larger COVID COVID This level. things commercial results
outbreaks power in XX% year-over-year respectively. XX% declines directly reduces traffic [XX.XX%] foot This in year-over-year resulted respectively. and May, impact XX%, people passes in XX% day. within and of Guangzhou XX% in these Shanghai resulted and In XX%, June, our declines Beijing Shanghai, meaning and [XX.XX%] each GMV and declines the (ph) and of Chongqing, Chengdu In And and XX% measurements respectively. also of in Beijing a in outbreaks banks. that (ph), revenue April, outbreaks Tianjin certain in in resulted All Shanghai, active counter ultimately region, less in cabinets our efficiency cabinets circulation amount the larger
foot traffic in in and April GMV internal these with the by respectively foot a in riddled regions. decline XX%, was in general quarter our second and a declined outbreaks. outbreaks May, traffic as Overall, COVID The resulting and region's of both XX% regional nearby impacting result
COVID impact a to given outbreaks recovery in June completely is COVID trends continue that active cases of regions contained in amount COVID correlated also of We the in clear. April, May region. with where are observe the In are cases and
month-over-month example, June. longer remain peers For allow month-over-months it the and in coverage are in XX% XX% which XX% approach development through nature. in Hangzhou's will in CapEx future. and us ourselves similar Guangzhou's fully June. best We our future. to and positioned are serve Similarly, short-term partners, help models as we depreciating basis be efficiency in May that to expand longer by to our and fixed believe reduction on network by makes effect, in in acquire partners. of capture the hardware related of see increased industry. and opportunities users, market increasing us by the location Suzhou’s and Energy usage are the recovery We June. efficiencies the network cabinet the increased operations from And reaching meaning declining trends our will initiatives reduce XX% XX% levels fees GMV GMV term COVID We extending in outbreaks through to within network for where of believe the our the We the and all easier May per higher increased of increased and Monster's Monster month-over-month incentive in why and crucial impact market Energy horizon in increased That of GMV on partner XXX% across regions combination coverage will network is COVID direct focused the further us contained, impacts efficiency. of May strategies strategic in strategy
detail. go Now through increasing our expanding let terms of our me strategies core our greater and in efficiency in coverage
direct coverage First partner network strategy, models. our our which both fueled be to by is expansion continues and
new network business new This direct launched our leverage program personnel personnel. During the own our models gained but extract quarter, synergy network quickly has two acquire to in the partners. model second development initially the traction amongst their to business we and identify April, allowing continue between development by to
new penetrating BD network through acquired especially acquisition of network participated we across pace the scale grow in partners. partners one at by accelerated our were XX% presence network acquired during were the During moving and direct leveraging us The personnel. sourced existing of our into have of regions By model, increased helped this our quarter, newer more network the board our and direct X,XXX approximately and partner drastically XX% program our and least the further existing than models regions. the new of capabilities partner has which quarter
next is helping in increase to network grow focus network alongside partners count, Monster. the natural significant thing partner our the these With Energy
times partners, network of Newer lot the a new market. the to are
aspect. (ph) on industry, providing in well important quickly they so our house on We achieve So as providing is guidance sharing can early scale. as We one-on-one offer of that progress. by the [new] focus periods current their guidance most consultation primarily
Monster's sustainable industry. also in model. grow higher highest why and partner clearly differentiator. avenues strategic matrix believe with provide their alongside that are and cabinets. the in they share charging and our POIs, returns our Defining of that the Energy partner maintain values own reason back of who also partners helping network China's key key our ingrained so our can We mobile industry support and market is of the network our to the peers and We a complete end set providing the It efficiencies, to key, maintain see of we compared those model various work these maintain able to network levels of network operational device that company due systems, the service is partner
to partner to partners regions. further increase The to share program our to have in opened We in launched way direct between This continue order regions to the balance promote ways allow extend help We leading collaboration models all as two up and our market network network to personnel the acquisition earlier direct existing a two between all synergize the acquisition. unique coverage for also we to expand market model paved model share explore in our our and regions. collaborations now models.
direct model our diminishes, the number remains users. are during allow so continuously registered positioned allowing times levels customers converts within our that increase into POI to to moving level we larger more service, effect. market Once than continuously have network acquire quickly network expand size capabilities. our cycle at partners POI the POI us higher The execution rapidly operation POIs. typically us COVID workforce from also coverage POI we We scale reinforcing KAs the which uniquely reach and higher count acquires COVID our of priority. model our This even largest continue pace increasing model That's industry partner into allows due continue use of to network direct its the coverage a that one direct as impact. why faster Overall, share of increased we impact self can more we to personnel benefit and our count ultimately and of believe maintain to to
on strategies and back Energy both Monster’s improving our the efficiencies, side. front is Next end on
upfront why in outbreak. crucial coverage external we period to not for like the closure important the in with number make of we decline especially outbreak. reduce and continue in The our the our traffic to payments While partners order That risk improvements closure of has a has amount is it to its during some also POIs, traffic POI to our COVID expansion resulted of in locations. the of to only our foot the development to efficiency the events permanent to of but exposure decline resulted of also reduce long-term increase these outbreak during is COVID location of foot is
XX% to variable signings second only or using period significantly fees. last from POI the time. During This the of incentive we is signings upfront new number all continued use up the new XX% fixed reduce of during fees. same quarter, POI
during increases especially the network expenses, fixed during reduces declining the scale down by continue partners. COVID. line. Under generated we in the of will to signings. efficiency, our us the usage network fees COVID. our and a This to down, effect closure from fixed model, due of revenue the us the bottom incentive decline dragged of partner foot general exposure The our of of the POIs model slow rate company type fixed the takes share new when traffic benefit fees network to significantly The As partner revenues down contribution of in also cabinets COVID increasing fixed
second people. improvements efficiency of as model in direct a POI of We terms the per our has XX% of our now. In Difficulty] of person business BD increased are increase also [Technical significant significant of making them efficiency quarter coverage of XXXX, to year-over-year, making the
our help of introducing and our direct for manage introduction to development workflow take unlocking overall efficiency. market business network both innovative personnel continue Monster’s ability contribute BD back which higher direct to new program level way and We increased our new of personnel's leading also personnel the the model to with will the company POIs partners, person. through operation able we enhance features model program of more efficiency are the that business this our the network business level. accelerate per partner now their new to task. acquisition This progress, As acquire believe can development end system already optimizing contribution The paves Energy a
asset of of our efficiency software terms technologies in and innovate operating technology, terms we competitiveness to of In our and to continue hardware increase efficiency.
location new is gaining This increase our tailored software software workflow why wide network to we launched more amongst to That partners. help that partners systematically increase our in operating them helps our recently of partners closely itself location helping levels system their workflow our order in our manage network is and and their designed and better for operation. to manage employees, Our the needs levels partners. network of proven them automation has system adoption efficiency. order in their of each segment with partners relationships is We the partner a network to
into per second process we continue this software, down cabinet continue our power go make to will The equipment. maintenance the half and CapEx of -- Aside of XXXX. from to bank hardware also go progress optimizing
scale we will new significant a have reduction which the As terms of cabinets, cost. in up of production our
the maintenance asset existing up We to power when lifetime each maximize outbreaks significant forward. are equipment. operations the helping These can the cabinets improvements also us And our that newer process will improving value from the Overall, continue a during to banks, of hardware the the be second has efficiency impact COVID the going of and both on third headwinds driving so outbreak and over in we continuous one. continue quarter quarter. our outbreaks of carrying second
within outbreak region recovery cut, clear the recovery can the the trend still is smaller Although down speed. weigh
new and as following of XX% since (ph) imposed. Chengdu, a XX% GMV has July on such a a XX% been August August. the [Zhixiang] decline basis. cases in year-over-year week-over-week spike in outbreaks by in New declined Chengdu one in in lockdown Similarly, resulted COVID late from
direct in pillars new and regions partner although of impact contained. the fully its the drive impact foundation would of coverage continue frequency of focusing model down While and coming COVID our will been size the expansion driver back coverage to to that challenging our to In in I is terms on our impact a a see when models new are to after within to impact operation, but COVID to and has expansion. one. continue of by like the as our both two revenue down user coverage slowing been that of advantages months the we expansion synergizing second the emphasize in to strengthen and strategies for third meantime, is COVID continues on to outbreak Both quarter, we scale systematic conclusion, these competitive normalized profitability, efficiency level proven its and compared be ways direct of out are of strategy, as behavior able In continue not our to two network OpEx serve the the optimization. but has change
asset of of we to our prepaid network and and incentive model Our efficiency all efficiency fees, the is increase optimize expected partner the scale contribution forms equipment. fixed back improve of as the
to over turn for focus on we confident foundation in Energy value service again the and financial China's growth future. that the strategies now share market long-term reduced, be Our leading the stakeholders. continues of best Maria market industry and Monster growth operational impact of call when especially the Thank serve charging will the I'll mobile impact deliver as all positioned device our is remain efficiency these And highlights. the Xin, of our to of you. to CFO for our capture COVID