E-matchmakers turn money-spinners

Dating app Momo Inc anticipates its second-quarter revenue to come in between $470 million and $485 million, up from $435 million in the first quarter, which itself was up 64 percent year-on-year.

The first quarter was so good because all revenue streams pulled in a lot.

For instance, revenue from live video services surged 62 percent year-on-year to $37 million. Mobile games brought in $6.6 million, up 43 percent, according to CapitalWatch, an investment news site.