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Momo claims 180.3 million users in China and 60.2 million monthly active users, which puts it second to behemoth We Chat in terms of Chinese mobile social apps.
The three-year-old service, which clocked 25.5 million daily active users on average in September, is free to use, but makes money via a membership subscription and, as of the second half of 2013, it also sells digital content.
Live streaming can be such a powerful change agent, that impressed funder commented.
Imagine when those hosts start talking about politics!
Many TV programs on less popular American cable networks would envy those numbers.
Currently, about 46 percent of China’s 710 million internet users watch young people, mostly girls, sing, dance, and eat bananas erotically (OK, that has been banned) live on the internet.She was nothing like the other Web entrepreneurs I’ve come to know in China.For one thing, the top ranks of Chinese technology are dominated by men.This year’s been notable for Chinese tech IPOs in the U. Alibaba, close rival and Weibo — China’s Twitter equivalent — have listed on North American soil, but there’s another incoming. The service’s particular strength is location and it allows users to connect with others based on their proximity to each other, the idea being that you can find people who are in the same pub, club, party etc.Momo, China’s top hook-up app, has filed for a 0 million public listing, as Technode first noted. Earlier this year it was speculated to be considering a U. So, in terms of Western comparisons, it is more of a Grindr for all genders and sexual orientations, than a Tinder.