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MTCH - Momo Is Undervalued Forgotten And Just Getting Started
Match Group Inc.
Introduction
Dating apps in China have become an unexpected necessity in 2020. People still want to meet in the world's most populated country, and the pandemic has changed conventional methods.
Momo, Inc. (MOMO) is a Chinese social media platform providing services such as live-video and is a top online dating platform in China. The company appears undervalued and cash rich at this time, while growth prospects remain strong. I believe Momo presents a value-growth opportunity for long-term investors.