Migme monthly active users on the rise

Company News

Migme Limited (ASX:MIG) has recorded a 33 percent increase in monthly active users to exceed 32 million in the December quarter.
 
The company cites significant enhancements to the Android, iPhone, web and mobile web platforms alongside a number of updates to feature sets which the company says are still prevalent in migme’s user base throughout the emerging markets.
 
Cash receipts from customers have grown 45 percent for Q2 2015 to $5.4 million.
 
Migme also announced it has completed the acquisition of social news site Hipwee.
 
Migme recorded a net loss of $8.8 million at 30 June 2015.

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