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.
online dating
China online dating market overview Q2 2017
China online dating market totaled 1.207 billion yuan (US$180 million) in Q2 2017 with a growth rate of 39.2% YoY or 21.9% QoQ.
Top Online Dating Apps in China in 2017
The number of active online dating users in China dropped to 23.85 million in January 2017 from 26.24 million in January 2016 according to data from QuestMobile.
Mobile social app Momo benefiting from China’s booming live broadcasting business
Momo, one of the top mobile social networking apps in China and gone public in 2014, had monthly active users of 72.3 million in Q1 2016 from 78.1 mn in Q1 2015. However, its net revenues increased by 93% year over year to $50.9 million. Momo mobile marketing revenue continued its strong momentum, growing more […]
CHARTS China Online Dating Market Update for Q1 2014
China online dating market in 2013 totalled RMB1.59 billion (US$260 million) according to Analysis International, who expects China’s online dating market to grow by 30% to RMB2 billion (US$320 million).