GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » momo.com Inc (TPE:8454) » Definitions » Other Assets for Insurance Companies

momo.com (TPE:8454) Other Assets for Insurance Companies


View and export this data going back to 2014. Start your Free Trial

What is momo.com Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


momo.com Business Description

Industry
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 97% 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.