Could Tencent Topple Momo as the “Tinder of Asia”?

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

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Tencent (OTC:TCEHY) guidelines China’s mobile texting market with WeChat, which acts 1.15 billion month-to-month active users (MAUs). Its ecosystem of more than a million “mini programs” allows users to look, purchase meals, play games, hail trips, make re re re re payments, and much more — all without ever making https://datingrating.net/ukrainedate-review the software.

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

Momo’s smaller software, 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 digital presents or enrolled in premium online dating services on Momo and Tantan.

Image supply: Getty Pictures.

Those two organizations 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 the Pengyou (“Friends”) app as a social networking by having an opt-in relationship feature. 続きを読む Could Tencent Topple Momo as the “Tinder of Asia”?