Could Tencent Topple Momo as the « Tinder of Asia »?

The tech that is chinese has revealed three brand brand new dating apps in 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 over a million « mini programs » allows users to search, purchase meals, play games, hail trips, make re re payments, and much more — all without ever making the software.

Meanwhile, Momo (NASDAQ:MOMO) may be the top online dating sites platform in Asia. Its namesake application began as a social network application|networking that is social}, but gradually developed right into a platform for online dating sites and live videos.

Momo’s smaller software, Tantan, is basically a Chinese clone of Match Group’s Tinder. Momo’s core application had 114.1 million MAUs last quarter, and 13.4 million of them bought digital presents or subscribed to premium online dating services on Momo and Tantan.

Image supply: Getty Photos.

Both of these businesses 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 Pengyou (« Friends ») app as a myspace and facebook having an dating feature that is opt-in. Continuer la lecture de « Could Tencent Topple Momo as the « Tinder of Asia »? »