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The Chinese initially developed two types of printing: woodblock printing and movable type.Woodblock printing is created by carving a design or character text into a block of wood, covering the relief with dye, and printing the relief onto the fabric or paper.The firm cites the increase of premium VIP users and total users, as well as virtual gift service, as the reason.Mobile marketing revenues recorded a 29 percent annual growth to .7 million in Q4 2016, mainly driven by more new customers and orders introduced by sales agents, as well as the increase of e CPM (effective cost per mille) of the in-feed advertisement service.Momo, China’s top location-based social networking app, has continued its impressive user growth from last year and added solid financial figures to back it up, according to its most recent earnings report.The company, which was previously backed by Alibaba, went public when it listed on Nasdaq in December 2014.
Value-added service revenues from their social network, which totaled .1 million in Q4 2016, mainly consisted of membership subscription revenues and virtual gift revenues.
The earliest existing example of woodblock printing is on a piece of hemp paper, dating from around 660 AD.
It is also the medium of choice for the oldest printed book, the The other type of printing is the predecessor of typesetting, called movable type. It began as a theory by Chinese scientist, Shen Kuo during the Song Dynasty in 1088 AD.
That’s an impressive comeback considering the company began seeing stagnant active user growth in H2 2015.
Momo previously said slowing smartphone sales and a lack of software updates were the reason for the stagnation, but its focus on new business areas — and particularly live streaming — have helped reinvent the company and its app among Chinese users.