Momo believes its underperforming Tantan app could grow strongly following a major overhaul now in the works. The shakeup at Tantan wasn’t even mentioned in the earnings announcement. Before this week ...
To understand why Momo launched Zao, we should first understand its core business. Momo generated 93% of its revenue last quarter from its namesake app. Momo helps users find each other based on their ...
Momo, the Chinese location and interest-based social app, has filed for IPO to raise $300 million. Widely known as a mobile app for connecting strangers with location-based features, Momo now is ...
HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)--Western Union and MoMo today announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the ...
Momo (NASDAQ: MOMO) recently closed its acquisition of dating app Tantan in a cash and stock deal worth nearly $800 million, which broke down to $600.9 million in cash and the rest in newly issued ...