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We will continue to build our presence among Chinese speaking populations around the world and seek to foster a broader and more engaged user community.

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That latter category includes in-app purchases in third-party games, premium stickers/emoticons, and mobile marketing services — companies set up business accounts which users can opt-in to follow for information and promotions.

Momo, A Flirting <i>App</i> With 180M Users, Is Latest

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Still early days for its money-making, Momo says it recorded $13.9 million in revenue during the first half of this year — of which 63% came from its 2.3 million membership subscriptions — but incurred a net loss of $8.3 million over the six-month period.

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Momo claims 180.3 million users in China and 60.2 million monty active users, which puts it second to behemoth We Chat in terms of Chinese mobile social apps.The SKOUT Blog


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