Report
Tian Hou
EUR 232.00 For Business Accounts Only

MOMO: Operating Metrics Show MOMO Legacy Business On Track To Recovery

MOMO will report 2Q21 results on August 26th before the markets open with an 8am ET conference call. We are positive on MOMO’s 2Q21. MOMO’s core live broadcasting has stabilized and is on the way to recovery since the structural adjustment in August 2020. Some of its value-added services functions including “Groups Nearby” and “Online Pairing” are the current focus and growing faster in recent quarters. For Tantan, there was a recent change in its management team, which we believe have more experience in operating data APPs. It is likely to show better user acquisition in next few quarters under the leadership of the new management.

Underlying
Momo Inc Sponsored ADR Class A

Provider
T.H. Capital
T.H. Capital

​T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.

Analysts
Tian Hou

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