T. H. Data Flash - Momo Inc. – May & 2Q20E: Continuous Recovery in Users and Monetization Is Likely To Lead To Positive 2Q20 Performance
We are positive on MOMO into 2Q20. MOMO’s business in 1Q20 and the first part of 2Q20 was negatively impacted by the physical distance caused by COVID-19. However, along with the resumption of business and life, MOMO and Tantan started to recover in terms of both users and monetization. To expand the user base and enrich social interactions, MOMO did several things, including: 1) released a MOMO Lite version to get users from lower tier cities; 2) released Hezi for voice dating APP (in late 2019); and 3) Tantan added new paying functions and features including flash chat and live broadcasting in its application to improve monetization and engagements.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.