NEW YORK, NY / ACCESSWIRE / October 23, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Momo Inc. (NASDAQ: MOMO), the operator of Momo, a social networking platform for smartphones and tablets. Momo is one of the three largest social networks in China, with 91 million monthly active users.

The Momo application is free to download, and users are not required to purchase a subscription. However, the company does offer paid subscriptions that give users access to exclusive logos and icons, advanced search options, discounts at Momo's virtual store, and the ability to see a list of recent visitors to their profile page.

In addition to subscriptions, Momo generates revenue from mobile games that are integrated into the platform. Games are generally created by third-parties, and revenues collected from in-game purchases and microtransactions are shared between the company and the developers.

Read about MOMO's rapid growth rate, analyst's opinion, and outlook here READ MORE

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The company's largest revenue driver is live streaming. The 'Live Video' function, launched in 2015, allows users to stream content such as singing, dancing, and talk shows, and to simultaneously interact with their audience. Users then purchase and send virtual gifts to the broadcasters, who receive a share of any revenue they generate.

The global mobile internet market has grown significantly in the past several years. The total number of global mobile internet users was estimated at 1.9 billion in 2013, and that number is expected to reach 3.0 billion in 2017. Due to the increasing affordability of smartphones, this rapid growth is expected to occur in China as well. China's mobile internet users are projected to grow from an estimated 556 million in 2013 to 712 million in 2017.

How can MOMO maintain its growth rate, company guidance, and financial review READ MORE

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