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momo.com (TPE:8454) Cash Payments for Deposits by Banks and Customers


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What is momo.com Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


momo.com (TPE:8454) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » momo.com Inc (TPE:8454) » Definitions » Cash Payments for Deposits by Banks and Customers
Traded in Other Exchanges
N/A
Address
No. 96, Zhouzi Street, 4th Floor, Neihu District, Taipei City, TWN, 11493
Momo.com is a leading e-commerce company that serves Taiwan. The company derives 95% of revenue online and operates under mostly a first-party, or 1P, direct sales model but is currently developing emerging third-party, or 3P, and livestreaming channels on its platform. It specializes mostly in larger-ticket items such as electronics and household items under its platform, with 4.3 million active stock-keeping units. It has 55 warehouses and a distribution center as of first-quarter 2023, with two more under construction slated for operation by 2026. The company also owns 25% of the transportation that it uses for delivery. As of July 2022, Taiwan Mobile and Teco Group owned 45% and 10.5% of Momo.com, respectively.