Momo Swipes directly on a Rival Dating App for $800 Million

Momo Swipes directly on a Rival Dating App for $800 Million

The 2 “Tinders of Asia” simply joined forces to dominate internet dating.

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Momo (NASDAQ: MOMO) recently shut its purchase of dating application Tantan in a money and stock deal well well well worth nearly $800 million, which broke right down to $600.9 million in money and also the remainder in newly released stocks. The takeover, that has been initially established in February, will expand Momo’s online ecosystem that is dating widen its moat. (więcej…)

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