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Could Tencent Topple Momo as the „Tinder of China“?

Could Tencent Topple Momo as the „Tinder of China“?

The Chinese technology giant has revealed three brand brand new dating apps in the last couple of months.

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Tencent (OTC:TCEHY) guidelines China’s mobile messaging market with WeChat, which acts 1.15 billion month-to-month users that are activeMAUs). Its ecosystem of more than a million „mini programs“ allows users to search, purchase food, play games, hail trips, make re re re payments, and much more — all without ever making the software.

Meanwhile, Momo (NASDAQ:MOMO) could be the top internet dating platform in Asia. Its namesake application started off as a social network software|networking that is social}, but gradually developed as a platform for online dating sites and live videos.

Momo’s smaller application, Tantan, is basically a clone that is chinese of Group’s Tinder. Momo’s core software had 114.1 million MAUs last quarter, and 13.4 million of them purchased gifts that are virtual enrolled in premium dating services on Momo and Tantan.

Image supply: Getty Pictures.

Both of these businesses generally speaking are not considered rivals, but Tencent recently established three torpedoes at Momo: an anonymous movie dating app called Maohu („Catcall“), a Tinder-like application called Qingliao („Light Chat“), and a reboot of its Pengyou („Friends“) app as a social networking having an opt-in relationship feature. Celý příspěvek