Leo is definitely a computer and customers items professional who’s got secure the intersection of structure neighborhood and Silicon area since 2012
China’s internet dating person nevertheless face overwhelming difficulties.
Leo are a tech and customers goods consultant that sealed the crossroads of structure road and Silicon area since 2012. Their wheelhouse involves fog, IoT, analytics, telecommunications, and playing appropriate companies. Follow him or her on Twitter for additional posts!
Momo (NASDAQ:MOMO) , the Chinese techie service that is the owner of two of the country’s trusted internet dating applications, just recently published its first-quarter profits. Their earnings dipped 3.4percent 12 months over season to 3.47 billion yuan ($529.7 million), missing out on estimates by $3.1 million. Its tweaked net income decreased 14% to 634 million yuan ($96.7 million), or $0.44 per advertisements, which continue to beat anticipation by $0.11.
Momo anticipates its income to fall 4.3% to 6.9% into the 2nd one-fourth. (more…)