- Momo Inc. a major player in social and entertainment in China – growing globally
- Nearly $550 Billion in Q3 2020 total revenues
- Social & Dating app Tantan $107 Billion in Q3 2020
- Company announced $300 Million share buy back
Momo Inc. (NASDAQ: MOMO) is a leading diversified player in China’s burgeoning online social and entertainment space. Formed in 2011, MOMO was listed on the Nasdaq Stock Exchange in 2014 with a vision to leverage the mobile internet to connect people in unique ways. The company generates multi-billions of revenues through various channels such as live video services, value-added services, virtual gifts, and membership subscriptions, mobile marketing, mobile games, as well as Tantan, a unique mobile social dating platform.
The company announced approximately RMB3,766.7 million (US $554.8 million) total revenues for the third quarter of 2020 with Monthly Active Users on Momo applications at 113.6 million in…
For more information, visit the company’s website at www.immomo.com.
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.
