WSJ – May 9 – Beijing Momo Technology is working with banks including Morgan Stanley MS and Credit Suisse Group on a U.S. listing that could happen later this year. Momo has grown rapidly since its 2011 launch. As of January it had ~35M MAU. It began as a dating and hookup app, but over the past year became a platform to help people with shared interests connect in locales across China. Momo was recently valued at ~$2B in a private fundraising.
by Telis Demos
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