PR NEWSWIRE - Aug 22 - Net revenues increased 58% YOY to $494.3M. Net income increased to $117.8M in the Q2 '18 from $60.8M YOY. Monthly active users were 108M in June, compared to 91.3M last year. Live video service revenues continued its growth momentum and the total live video service revenues were $411M with 4.6M paying users. Momo started as an online dating app and has now progressed to being a full social media company.
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Summarized by the IDEA team
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