PR NEWSWIRE – May 23 – Net revenues increased 421% YOY to $265.2M (live video service revenue $212.6M, membership subscription & virtual gifts revenues $22.9M, mobile games revenues $11.6M, mobile marketing revenues $17.9M). Net income was $81.2M, compared to $12.7M for the same period last year. Monthly Active Users were 85.2M in March 2017, compared to 72.3M in March 2016.
See full article at Momo website
Summarized by the Courtland Brooks team
