Momo buys Tantan, China’s Tinder, for $600M as Chinese social networks consolidate
February 23, 2018 at 07:14 AM EST
WeChat is far and away the biggest messaging platform in China at the moment, and that is helping to drive a push among the smaller players to get together for better scale. Today, Momo, the Chinese location-based social networking app that has more recently made a big push into dating services and is traded on Nasdaq with a market cap of around $6 billion, announced that it has… Read More