Category: Momo

Where Will Momo Be in 5 Years?

Posted on February 27, 2019

Momo logo 2018THE MOTLEY FOOL – Feb 27 – We're a couple of weeks away from Momo posting its Q4 results, and investors are probably nervous. The Chinese social-video and online-dating company burned investors last time out, landing at the low end of its earlier revenue forecast and offering up guidance calling for continuing deceleration. Analysts at Citi and Morgan Stanley would go on to downgrade the stock following the uninspiring results, sending the shares to their lowest levels in nearly a year. Momo stock has started to bounce back in recent weeks. The shares are trading 49% higher in 2019. Revenue at Momo has more than tripled over the past two years. Momo is hot right now. It attracted 110.5M monthly active users, up from 94.4M a year earlier. No one knows what the hot mobile platforms will be in 2024. One thing that does help Momo here is that it is very profitable, with a cash-rich balance sheet to boot. Momo has nearly $1.5B in cash on its books. Tantan won't be the last of Momo's purchases.

by Rick Munarriz
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Momo Stock Gained 28% in January

Posted on February 12, 2019

Momo app logoTHE MOTLEY FOOL – Feb 11 – Momo stock lost ~46% of its value from October through December, and the stock posted big gains in January (up 28%) as the market regained some ground. There doesn't appear to have been any company-specific news behind the company's stock gains last month, but Momo trades at low multiples compared to its earnings trajectory, and investors piled back into the stock as skittishness in the broader market abated. Momo is a stock that could see more big gains if the country's tech sector continues to recover. The company's monthly active user base continues to climb (up 17% YOY last quarter).

See full article at Fox Business

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73.4 % of Chinese Consider Live Streaming to Be a Legitimate Profession

Posted on January 25, 2019

Momo app logoMEDIUM – Jan 24 – Momo, one of China's largest live streaming platforms, has published the 2018 Live Streaming Profession Report. According to the report, 73.4% of respondents believe that live streaming is a profession, and ~30% of users said that one of their friends or family members is a live streamer. Women in their 20s dominate the profession. 21% of full-time broadcasters and 9.6% of part-time broadcasters earn over 10,000 RMB ($1,478) per month from streaming. The average salary in Beijing is 8,467 RMB.

by Lauren Hallanan
See full article at Medium

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Momo’s Bright Future in Online Dating

Posted on January 3, 2019

Momo app logoSEEKING APLHA – Jan 3 – Momo has more than halved since hitting its 52 week high but is it undervalued or did the market simply became rational with regards to this growth stock? Momo is one of China's leading mobile-based social and entertainment platforms that include a live-streaming platform and online dating platforms. The acquisition of Tantan (China's Tinder) earlier in 2018 has driven Momo's value-add service revenues. Tantan has only just begun to monetise its user base in January 2018 and during that short span of time, its paying user base has grown to 3.6M. It has 94M MAUs. The management has high hopes for Tantan due to the 300M millennials in China and the higher mobile penetration rates, particularly among millennials. Furthermore, Tantan's popularity has not been limited to China. According to App Annie, Tantan is among the top 10 social apps on Android in other Asian countries such as Singapore, Indonesia, Philippines, Nepal and Taiwan. Overall it seems that Momo is an undervalued company where the market has incorrectly assessed its future as fears regarding competition from short-video platforms.

by Dominic Teo
See full article at Seeking Alpha

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Momo Experiencing Decelerating Growth

Posted on December 20, 2018

Momo logo 2018SMARTER ANALYST – Dec 19 – Chinese social media company Momo had seen its stock surge ~100% between January and the end of June, before plummeting over the past few months to a 52-week low. The growth has been decelerating; while revenue grew by 64% YOY in Q1 '18, growth decelerated to 58% in Q2 '18 and then 51% in Q3 '18. However, even with decelerating growth, Nomura analyst Jialong Shi is bullish on MOMO stock, maintaining his Buy rating and $41 price target. Momo's flagship service is Tantan, a dating app similar to Tinder.

by Jon Hadad
See full article at Smarter Analyst

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Momo Q3 Financial Results

Posted on December 7, 2018

Momo app logoMOMO – Dec 6 – Q3 revenues increased 51% YOY to $536M. Net income increased to $85.2M from $79.1M in the same period last year. Monthly Active Users on Momo app were 110.5M in September 2018, compared to 94.4M in September 2017. Live video service revenues were $406.9M in Q3 2018, an increase of 34% from $302.6M in Q3 2017.Total paying users of live video service and value-added service, without double counting the overlap, including 3.6M paying users of Tantan, were 12.5M, compared to 7.3M for the third quarter of 2017.

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Personal Data from 30M Momo Users Reportedly Exposed

Posted on December 4, 2018

Momo logo 2018TECHNODE – Dec 3 – Personal data from 30M users of China's top dating app Momo is reportedly being sold for as little as RMB 200 (~$30). A Weibo user posted a series of screenshots from the Chinese dark web entitled "database of 30M Momo users" with a comment saying: "Momo's database is quite cheap." According to the screenshots, data on offer includes phone numbers and passwords. The data are from 2015.

by Emma Lee
See full article at Technode

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Reasons Momo’s Stock Is Down

Posted on November 21, 2018

Momo logo 2018CHINA 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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Momo Q2 2018 Results

Posted on August 24, 2018

Momo logo 2018PR NEWSWIRE – Aug 22 – Net revenues increased 58% YOY to $494.3M. Net income increased to $117.8M in the Q2 '18 from $60.8M YOY. Monthly active users were 108M in June, compared to 91.3M last year. Live video service revenues continued its growth momentum and the total live video service revenues were $411M with 4.6M paying users. Momo started as an online dating app and has now progressed to being a full social media company.

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Momo At A Bargain Before The Tantan Growth Story Unfolds

Posted on August 16, 2018

Momo app logoSEEKING ALPHA – Aug 15 – Momo is an $8B popular Chinese mobile dating and social networking company with a fast and profitable growth, strong track record and a huge addressable market. In February 2018, it acquired China's top dating app Tantan, the "Tinder of China" for $700M. Share price has recently suffered from negative rumors spread by short sellers and is currently offered at a bargain ahead of Q2 earnings: around 30% down from its 52-week high. Momo is likely to be very a volatile investment for the years to come. But it offers a great margin of safety at current price. Momo has been able to take a leading position in the live-streaming space after pivoting from its online dating core business. Credits to CEO Tang Yan who identified key trends ahead of time. Competition is fierce in China, between Momo, Weibo, Huya, Douyu or Panda.tv. Content is king, and many of these companies now work with talent agencies or sign exclusive deals with famous streamers to make sure users don't churn and flock to other platforms. Momo is focusing on retaining users and making its platform a great free experience. They add compelling features such as group chat. Tantan has ~20M MAU and growing. The app is only starting to monetize its audience similarly to Tinder with subscription and a la carte features such as 'superlikes' or 'see who likes me' kinds of products. Tantan might already be at a run-rate of $100M+ yearly revenue. Beyond online dating, Momo is also venturing into mobile gaming.

See full article at Seeking Alpha

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