published on 14, 2019 8:54 am june
Tantan, the app that is tinder-like by Nasdaq-listed Momo, told people within the Q1 2019 earnings seminar call that it is too soon to visit offshore, howeverвЂ”
Dating may be the rigid need of nearly every unmarried individuals. Where you will find needs, there was a company. Outside China, Tinder is considered the most utilized dating application, whilst in Asia, Tantan is just a well-known online platform for adults to find a night out together, and it is an app that is tinder-like.
Match Group, who owns Tinder and online dating sites giant, announced its Q1 2019 financial record with total revenue of $465 million. Meanwhile, Tantan’s moms and dad business, Momo Group, A chinese company concentrated on stranger social networking and online dating sites, stated its web revenue risen to $554.7 million in Q1 2019.
MomoвЂ™s live-streaming function. Credit: 36kr
The performance of Momo’s online dating business is feeble, since net revenue from live video service reached $400.7 million in Q1, accounting for 72% of total revenue unlike Match Group. Continue reading “Tantan chinese app.China that is dating Match Group Momo Secretly measures Into India With a Tinder-Like App”