The tech that is chinese has revealed three brand brand brand brand 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 look, purchase meals, play games, hail trips, make re re re payments, and much more -- all without ever making the software.
Meanwhile, Momo (NASDAQ:MOMO) could be the online that is top platform in Asia. Its namesake application started off as a social network application|networking that is social}, but gradually developed right into a platform for internet dating and real time videos.
Momo's smaller software, Tantan, is basically a clone that is chinese of Group's Tinder. Momo's core software had 114.1 million MAUs last quarter, and 13.4 million of them purchased digital presents or enrolled in premium online dating services on Momo and Tantan.
Image supply: Getty Pictures.
Those two businesses generally speaking 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 of their Pengyou ("Friends") app as a myspace and facebook having an dating feature that is opt-in.
What's Tencent up to?
WeChat's MAUs expanded 6% yearly final quarter, but it is just a matter of minutes before this ubiquitous "super software" runs away from space to cultivate in Asia. Meanwhile, Gen Z-oriented competitors like ByteDance's TikTok and Bilibili are attracting more youthful users, while WeChat seems shackled to its reputation being an software for older users.