Momo Q3 Results: Revenue Up 204%


Momo app logoQLOBE NEWSWIRE – Nov 19 – Net revenues increased 204% YOY to $37.5M. (Membership subscription revenue $16M, mobile games revenues $9.5M, mobile marketing revenues $10.8M). Net loss was $0.8M, compared to $14.6M for the same period last year. Monthly Active Users were 73M in Sep 2015, an increase of 21.3% YOY. Momo is a leading mobile social networking platform in China.

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Summarized by Courtland Brooks Internet Dating Marketing Consulting agency

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