KRASIA - Aug 16 - Momo ranked first in the recently published Fortune's 2019 edition of 100 fastest-growing companies worldwide, which takes account of earnings per share (EPS) growth rate, revenue growth rate and three-year annualized return. Momo, founded in March 2011, started as a dating app but has diversified to offer a more comprehensive social experience that integrates live streaming and gaming. Momo registered 114.4M monthly active users in March 2019, compared to 103.3M in March 2018. The revenue increased by 141% yearly on average in the past three years. Its EPS in the three years that ended on June 28 raised 193% each year on average, ranking second. Total stock return for three years grew 53% each year on average, ranking 14th.
by Song Jingli
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