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Momo to Report Fourth Quarter and Full Year 2020 Results on March 25, 2021

Momo to Report Fourth Quarter and Full Year 2020 Results on March 25, 2021 News provided by Share this article Share this article BEIJING, March 10, 2021 /PRNewswire/ Momo Inc. (Nasdaq: MOMO) ( Momo or the Company ), a leading mobile social and entertainment platform in China, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2020 before U.S. markets open on Thursday, March 25, 2021. Momo s management will host an earnings conference call on Thursday, March 25, 2021, at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong Time on the same day). Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants must preregister online prior to the call to receive the dial-in details.

Momo to Report Fourth Quarter and Full Year 2020 Results on March 25, 2021

Momo to Report Fourth Quarter and Full Year 2020 Results on March 25, 2021
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Ex-Googler turns virtual gifts into a US$61bil business

Kuaishou (pic), which means ‘fast hand’, is one of China’s biggest Internet success stories of the past decade, part of a generation of startups that thrived with backing from Tencent Holdings Ltd. Along with TikTok parent ByteDance, the outfit pioneered the livestreaming and bite-sized video format that’s since been adopted around the world by the likes of Facebook Inc. Reuters In China’s popular online-streaming industry, virtual gift-giving is big. You can send your favourite live performer anything from a rose for 5 yuan (RM3.14) to a space rocket for 500 yuan (RM312.84). The present is just a symbol, but the money is real – and that’s what’s made Kuaishou Technology so successful.

With Kuaishou, ex-Googler turns virtual gifts into a $61 billion business

The ByteDance Ltd. rival has become the biggest livestreaming platform for virtual gifts, with more paying monthly users than any other in the world.

Former Google employee turns virtual gifts into a $61 billion business

Former Google employee turns virtual gifts into a $61 billion business Video-streaming app Kuaishou is pictured on a mobile phone 4 min read Venus Feng and Zheping Huang , Bloomberg While virtual gift purchases are still its bread and butter, Kuaishou is delving deeper into higher-margin businesses like e-commerce and online gaming Share Via Read Full Story In China’s popular online-streaming industry, virtual gift-giving is big. You can send your favorite live performer anything from a rose for 5 yuan (80 cents) to a space rocket for 500 yuan. The present is just a symbol, but the money is real and that’s what’s made Kuaishou Technology so successful.

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