Momo, operator of a Chinese hook-up app turned live-streaming video platform with the same name, has breached the US$10 billion mark in terms of value. Photo: Simon Song

Live-streaming video helped this Chinese hook-up app surpass US$10 billion in market value

Nasdaq-listed Momo, whose net income rose 60 per cent to a record US$129.9 million in the March quarter, now has a higher market capitalisation than Sina Corp

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Momo, operator of a Chinese hook-up app turned live-streaming video platform with the same name, has breached the US$10 billion mark in terms of value. Photo: Simon Song
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