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Momo sees record revenue growth thanks to live streaming

Momo, China’s top location-based social networking app, has continued last year’s growth feat with the announcement of an outstanding performance for the past year. The company, backed by Alibaba, listed on NASDAQ in December 2014. The firm’s revenue recorded a significant 524% YOY jump to US$ 246.1 million USD in Q4 last year, while the […]