T. H. Data Flash – Momo Inc. (MOMO) – August 2017 & 3Q17: Positive Impact from Marketing & Channel Activities; Growth of Paying Users Yet to be Seen, Maintain Buy Rating

  • T. H. Data Flash – Momo Inc. (MOMO) – August 2017 & 3Q17: Positive Impact from Marketing & Channel Activities; Growth of Paying Users Yet to be Seen, Maintain Buy Rating

Marketingand channel activities have positive impacts – Average hourly current users were up in 3Q17E toreach 45,295 from 39,558 in 2Q17, mainly due to new functions in MOMO version8.0 (Figure 1).

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