Realization
- MOMO recently gotten its only rival, Tantan, that’s using their technology to evolve the consumer relationship experience.
- Brand new recently create Q2 earnings prove MOMO is extremely undervalued.
- Tantan is actually a far greater app than Tinder, so we think it will spread such as for instance wildfire.
Funding thesis
Within the , Momo inventory ( NASDAQ:MOMO ), now-known while the Good morning Class, is trading at $thirty six for each and every express. To own explanations mainly regarding the concern with brand new Chinese authorities, MOMO now trading just $ for every single display during the time of writing. We feel that matchmaking software markets provides extensive possible, therefore the unit Good morning Group provides are beneficial. An industry cover away from only $2.53 million brings higher upside possible with minimal drawback and you will warrants a score from good pick.
Disclaimer
I am not planning discuss the relationships between your Us and China, as well as how they makes reference to Chinese businesses placed in the us. „Good morning Category: Formula Based Matchmaking Application, Good Prospective, Notably Underrated“ weiterlesen