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Rely on live Momo revenue growth continued to slow

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Rely on live Momo revenue growth continued to slow
On March 12, Momo released in the fourth quarter of 2018 and unaudited financial performance throughout the year. Results showed that 2018 Momo net revenue of 13.41 billion yuan, up 51%; Net profit of 3.46 billion yuan, up 39.4% from a year earlier. In 2017, Momo net revenue and net profit year-on-year growth of 138% and 108% respectively. Results compare plates, Momo still not get rid of the dependence on live, in the fourth quarter of 2018 the business revenue accounts for more than seventy percent, value-added services, though a considerable increase, but accounted for the total revenue is less than twenty percent. According to forecast, in Momo Momo net revenue growth will continue to slow, "in the first quarter of 2019, Momo net revenue rose between 28% and 32%". According to the results, Momo net revenue in the fourth quarter of 2018 was 3.84 billion yuan, up 50% from a year earlier. Compare business sector revenue, Momo revenue still rely heavily on live. In 2018, the four seasons...
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