KR ASIA – Mar 14 – The founder and CEO of Chinese location-based social app Momo, Tang Yan, said the company will pursue opportunities in overseas markets for its dating app Tantan. Momo acquired Tantan last May in a $735M cash and stock swap deal. Tantan is one of the top ten social apps on Android in Nepal, Singapore, Indonesia, and the Philippines, with ~10M installs. Tantan had 3.9M paying users in the Q4 2018.
by Song Jingli
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