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momo.com (TPE:8454) Securities & Investments


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What is momo.com Securities & Investments?

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momo.com (TPE:8454) Business Description

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.