China Social Media

Shares of Momo Inc (ADR) (NASDAQ: MOMO), a Chinese mobile networking platform, were rallying Tuesday after the company reported first-quarter results. What Happened Momo reported that it earned 69 cents per share in the first quarter on revenue of $435.129 million versus expectations of 50...

China-based Tencent reported second-quarter results earlier this week. The company is considered by many to be the "Facebook Inc (NASDAQ: FB) of China" since it controls most of the biggest social media platforms in the country, WeChat/Weixin and QQ. Sites like Facebook, Instagram and...