Momo Swipes Right on a Rival Dating App for $800 Million

Momo (NASDAQ: MOMO) recently closed its acquisition of dating application Tantan in a stock and cash deal well worth nearly $800 million, which broke right down to $600.9 million in money while the sleep in newly released shares. The takeover, that has been initially established in February, will expand Momo’s online ecosystem that is dating widen its moat. (więcej…)

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