30 mar Chinese Regulators Swipe Leftover on Momoa€™s Tantan
The government try suspending one of several two a€?Tinders of Asiaa€?.
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Companies of Momo (NASDAQ:MOMO) not too long ago tumbled after Chinese regulators purchased the removal of its Tantan dating app from a few cellular application shop. Momo mentioned that it was "proactively chatting with the appropriate authorities" and will "fully cooperate" to revive the app's accessibility "at the earliest opportunity."
Momo stated which would run a "extensive interior evaluation" of Tantan's content, but warned that unexpected suspension would bearing its ability to attract new registered users. But the application continues to be on line for Tantan's existing people.
An unexpected problem for Momo
Momo obtained Tantan for nearly $800 million final might.