Don’t Buy Momo Based On Rumors

SEEKING ALPHA – Feb 29 – Momo Inc is known for its dating app Momo (launched in 2011) which is one of the most popular dating apps in China. The Chinese giant Alibaba Group has been backing Momo for a long time. They had a small stake in the company…

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Momo Q3 Results: Revenue Up 204%

QLOBE 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….

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