PR NEWSWIRE – Dec 1 – Q3 net revenues decreased by 15.4% YOY to RMB3,767M ($555M). Net income attributable to Momo decreased ~50% to RMB457M ($67M). Monthly Active Users on Momo apps were 113.6M in September 2020, compared to 114.1M in September 2019. Total paying users of live video service and value-added service, including 4.1M paying users of Tantan, were 13M, compared to 13.4M last year's Q3, which included 4.5M paying users of Tantan. Live video service revenues were $350M, down 27% YOY.
Month: December 2020
Aisle Emerges as 2nd Most Downloaded Dating App in India
THE PLUNGE DAILY – Dec 1 – Aisle is the second most downloaded dating app in India. Unlike casual dating apps that rely on quick attraction swipes, Aisle is meant for meaningful connections and effective matchmaking. Able Joseph, Founder of Aisle, said dating apps have seen a surge during the lockdown. The app has recently launched Rooms feature, which allows users to host a virtual room and begin a conversation with any other interested user. Aisle claims ~3M users.
Bumble and Marie Claire to Host Virtual Glass Ceiling Awards
MARIE CLAIRE – Dec 1 – In June last year, Marie Claire and Bumble invited Australia's most powerful, game-changing and stylish women to their inaugural Glass Ceiling Awards held at Pier One overlooking Sydney Harbour. This year, for obvious reasons, the event will be held virtually. The event kicks off on Wednesday, Dec 9 at 10am. The first 100 to register and attend the event will receive a virtual gift bag with exclusive offers on thousands of products. The event is free.
Video Dating Leads to Rise in Video Hookups With Strangers
