Monthly active users of Momo reached 110.5 million in September 2018, compared with 94.4 million the prior year period, according to its unaudited financial results. Total paying users of Momo’s live video service and value-added services, including 3.6 million paying users of Tantan, were 12.5 million for Q3 2018, an increase of 71.23% year-on-year.
Total net revenues were $536.0 million in Q3 2018, an increase of 51% year-on-year.
- Live video service revenues were $406.9 million, an increase of 34% year-on-year.
- Value-added service revenues were $84.2 million, an increase of 221% year-on-year. That was mainly from membership subscription revenues and virtual gift revenues.
- Mobile marketing revenues were $17.2 million, a decrease of 1% year-on-year.
- Mobile games revenues were $4.1 million, a decrease of 49% year-on-year.
Net income attributable to Momo was $85.2 million in Q3 2018, compared with $79.1 million the prior year period.
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