Momo Tops Fortune’s Ranking Of The 100 Fastest-Growing Companies In 2019

- Monday, September 09 2019 @ 01:23 pm
- Contributed by: ElyseRomano
- Views: 405

Momo ended 2018 on a mixed note. In the good column: revenue jumped 51 percent in the third quarter of the year and net income rose nearly 8 percent year-over-year. In the bad column: news broke that 30 million Momo users may have been affected by a data leak.
If there was any doubt then which column would win in the end, it’s long gone now. Momo is back on its feet and recently scored the coveted number one spot on Fortune’s 2019 list of Fastest-Growing Companies in the world. It’s the Chinese dating app’s first appearance on the annual top 100 list.