CHINA KNOWLEDGE – Nov 21 – Momo is known for its live-streaming platform and dating app Tantan, dubbed as the "Tinders of China". Momo's revenue grew 50% YOY in the past three quarters. But the company has seen its share price fall by ~40%. The company faces some domestic headwinds in the near future. Firstly, China is imposing stricter regulations on its social media and video streaming market. Live-stream services have to fill up the Internet Content Provider (ICP) form and gain certificates for their services. The new measures also require real name registration. The new measure may put a dent on Momo earnings and future growth as the company may need to hire more people to enforce standards on its platform to prevent it from being shut-down. Next, the company also faces increasing competition such as Huya. Huya currently claims ~91.5M MAU which isn't far from Momo.
The full article was originally published at China Knowledge, but is no longer available.
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