Momo tantan

Momo tantan

 · Now we’re learning that Tang’s move from the CEO’s office was just the beginning of a bigger shakeup. That shakeup claimed new victims in April with the departure of the CEO and COO of the Tantan app that Momo acquired for $ million in The departure of the pair had first been rumored about a month ago  · Momo-owned Tantan, a popular Tinder-like dating app in China, closed its social posting section on the same day to “implement content safety measures and create a Author: Iris Deng  · Today, Momo, the Chinese location-based social networking app that has more recently made a big push into dating services and is traded on [ ] Momo buys Tantan, China’s Tinder, for Estimated Reading Time: 8 mins

Momo Aktie – Chinas Tinder startet durch

CEO says the laggard app it purchased in momo tantan potential for strong growth following the recent departure of its founder. Many may know dating app Momo Inc.

The departure of the pair had first been rumored about a month ago. This kind of housecleaning was probably needed for a while at Momo, which has been a major underperformer since it once excited investors as an early adopter of location-based services LBS for its core Momo app. If we believe Wang, Momo could indeed be on the cusp of a rebirth following its years-long decline.

The company was an investor darling after it listed on the Nasdaq inmomo tantan, with its shares moving higher over the following years to roughly quadruple from their IPO price as recently as But it has been in a state of decline since then, both in terms of revenue and profits as well as its stock price. The stock currently trades at a price-to-earnings PE ratio of about 10, which would be low if this was an internet growth company.

One of the few bright spots in the report was revenue from virtual gifts, which rose This revenue source does indeed momo tantan like a momo tantan for a dating app like Momo, since people on such an app would almost certainly momo tantan willing spend on suitable presents to attract a prospective date. Many of the actual changes at Tantan were discussed on the call, so readers looking for more details can go directly to the transcript by clicking here, momo tantan.

At the end of the day, investors should probably be optimistic, but also perhaps a little skeptical, momo tantan. Wang was also quite a good talker in explaining his plans to transform Tantan to better realize its potential. But we should also note that Wang has been at Momo since its founding in and was reportedly largely running the company for years in his COO position before taking over the CEO title late last year.

To subscribe to Bamboo Works weekly newsletter, click here. CEO says the laggard app it purchased in has potential for strong growth following the recent departure of its founder Key Points: Momo believes its underperforming Tantan app could grow strongly following a major overhaul now in the works Such a Tantan revival could help put Momo back on a growth track.

July 9, June 25, momo tantan, Tencent-backed company attributes decision to finding other funding options, as analysts recommend caution Key points: Soulgate June 10, momo tantan,

Momo Announces Acquisition of Tantan‎ | Momo, Inc.

 · Today, Momo, the Chinese location-based social networking app that has more recently made a big push into dating services and is traded on [ ] Momo buys Tantan, China’s Tinder, for Estimated Reading Time: 8 mins  · That shakeup claimed new victims in April with the departure of the CEO and COO of the Tantan app that Momo acquired for $ million in Author: Bamboo Works  · Now we’re learning that Tang’s move from the CEO’s office was just the beginning of a bigger shakeup. That shakeup claimed new victims in April with the departure of the CEO and COO of the Tantan app that Momo acquired for $ million in The departure of the pair had first been rumored about a month ago