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Away from the financials, Momo’s monthly active users reached 81.1 million as of December 2016 from 69.8 million a year previous.

That jump is rebounding to the kind of numbers it recorded in early 2015 when the service reached peak popularity.

“We believe we are still early in the monetization process and have many opportunities to drive further growth year…

In 2016, we have primarily relied on converting existing Momo users onto the live streaming service.

Momo’s live video streaming business adopted a similar commercialization model in which the platform enables viewers to buy virtual gifts for singers, with the revenue split between the broadcaster and Momo.

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