social apps

China’s social mobile app Momo generated $435 mn in Q1 2018, 85% from live video

By chinainternetwatch, Momo, online dating, q1 2018, social apps, technology

Momo announced its net revenues totaled US$435.1 million in Q1 2018, an increase of 64% from Q1 2017. Net income attributable to Momo Inc. increased by 59.6% to $129.9 million in Q1 2018 from $81.2 million in Q1 2017. Momo obtained 103.3 million monthly active users in March 2018. Among which, total paying users of […]

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