Momo, a Chinese location-based messaging app, announced 100 million registered accounts today, claiming monthly active users are 40 million.

The company started monetization from mid-2013 through monthly subscriptions, mobile gaming and sticker shop. Now there are approximately one million paying subscribers. The third mobile game that was added onto its platform one month ago has had 1.4 million activated accounts that generates 12 million yuan (less than USD2 mn) in monthly virtual sales, as disclosed by the company.

Momo claimed it had broken even in last November. Also it is of top ten most revenue-generating mobile apps in China in 2013, according to the App Annie annual report.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com