Better Buy: Momo vs. Match
The world of online dating is crowded with many companies looking to carve out a niche for themselves. Two of the most successful are Momo, which is the largest online dating service in China, and Match, which owns such websites and apps as Plenty of Fish, OkCupid, and Tinder.
Both of these stocks performed well last year, with Match's 92% gain outpacing Momo's 41% gain. Will Match continue to outperform Momo moving forward? Let's dig into these companies' respective businesses and see which is the better growth stock to buy today.
Match, which is in the process of separating from its parent company IAC/InterActiveCorp, generates the bulk of its revenue via paid subscriptions, particularly on its crown jewel, Tinder. Momo describes itself as a mobile-based social and entertainment platform, and the company makes most of its money from its live video services. Momo started offering live video streams on its app in 2015, and the feature allows users to buy virtual gifts and offer them to their favorite streamers. Momo keeps a percentage of the revenue from these virtual gifts.
Source Fool.com
