Better Buy: Momo Inc. vs. Huya [The Motley Fool]
Hello Group Inc. - American Depositary Shares (MOMO)
Last hello group inc. - american depositary shares earnings: 3/19 05:10 am
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US:NASDAQ Investor Relations:
nasdaq.com/symbol/momo
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Source: The Motley Fool
Which Chinese live-streaming platform has more staying power? Momo ( NASDAQ:MOMO ) and Huya ( NYSE:HUYA ) are both considered high-growth plays on China's booming streaming video market. Shares of Momo have rallied nearly 50% over the past 12 months, even as escalating trade tensions, a depreciating RMB, and rising interest rates crushed many Chinese tech stocks. Huya, which went public at $12 per share in May, now trades at about $20. Let's take a closer look at these two resilient Chinese tech stocks and see which is the better buy now. Image source: Getty Images. What do Momo and Huya do? Momo's namesake app lets users find each other via their profiles and shared locations. It also owns Tantan , an online dating app that clones many of Tinder's features. Momo and Tantan are often referred to as the Tinders of China. However, Momo's core growth driver is the live-streaming video feature it launched last year. Popular broadcasters attracted legion
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MOMO
News
- Hello Group Files Annual Report on Form 20-F for Fiscal Year 2023PR Newswire
- Hello Group (NASDAQ:MOMO) Has More To Do To Multiply In Value Going Forward [Yahoo! Finance]Yahoo! Finance
- Hello Group Stock: Seems Cheap, But Lacks Growth Opportunities [Seeking Alpha]Seeking Alpha
- Apple CEO visits Hello Group Inc. and is impressed with inSpaze on Apple Vision Pro [Yahoo! Finance]Yahoo! Finance
- Apple CEO visits Hello Group Inc. and is impressed with inSpaze on Apple Vision ProPR Newswire
MOMO
Earnings
- 3/14/24 - Beat
MOMO
Sec Filings
- 4/26/24 - Form 20-F
- 4/15/24 - Form 6-K
- 4/8/24 - Form 6-K
- MOMO's page on the SEC website