Is It Time to Swipe Right on the "Tinder of China"?

Is It Time to Swipe Right on the "Tinder of China"?

Momo (NASDAQ: MOMO), the Chinese tech company that owns two of the country's leading dating apps, recently posted its first-quarter earnings. Momo expects its revenue to fall 4.3% to 6.9% in the second quarter. Momo's growth rates look weak, but its stock still advanced after the report, presumably due to its profit beat.