MoMo

2022 - 6 - 13

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Image courtesy of "Retail News Asia"

E-wallet MoMo buys stake in securities firm (Retail News Asia)

The owner of e-wallet MoMo has purchased more than 4.4 million shares, or a 49 stake, in Hanoi-based CV Securities JSC (CVS). The deal was struck Thursday.

Momo had 31 million users and 140,000 payment acceptance points last year. Both Momo and Finhay are invested in by Thien Viet Securities (TVS). As of March 31, TVS recorded the original cost of investment in M_Service at VND27.8 billion and nearly VND62.5 billion at Finhay. As of the first quarter of 2022, CVS had recorded a cumulative loss of more than VND80 billion.

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Image courtesy of "Tech in Asia"

Vietnam's MoMo buys 49% stake in Credit Viet Securities (Tech in Asia)

This latest move is expected to accelerate MoMo's ongoing efforts to build a full-fledged financial ecosystem.

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Image courtesy of "Times of India"

7 momo varieties that every momo lover must try (Times of India)

Like every other foodie, are you a momo lover too? Then here is a list of fusion momos you have to try the next time you crave some.

Steamed Jhol momos served in soup are a speciality of Nepal and have become quite popular in India these days. Smoky momos marinated with all the Indian tandoori spices, tossed in a little bit of cream- tandoori momo is the best fusion momo to exist. Or are you someone whose ideal date idea is to go out to eat momos together, or if you always end up ordering momos online, then here is a list of fusion momos that you have to try the next time you crave some.

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