SCMP – Nov 14 – Momo, an IM app in China which is popular among those looking for one-night-stands, now has 80M users. ~13M people use Momo every day, generating 500M messages a day. Momo was founded in March 2011 by four Beijingers who had previously worked at Sina and Netease.
Category: Momo
Technology Addresses The Issues Of Dating In China
THE NEXT WEB – Oct 27 – China's national policies, economic reform, and urban migration have created challenges for the country's one billion residents when it comes to relationships. Chinese Internet companies are developing online dating sites designed to meet the specific issues men and women face here. One company is Jiayuan with nearly 70 million members. Momo, a Chinese iPhone social networking app has grown to 16 million members and raised $40m in funding with a $100m valuation.
China’s Dating App Momo To Go International
TECH IN ASIA – Oct 24 – The Beijing-based startup behind the flirty hook-up app Momo is preparing to take it international, with an English version of its iPhone app submitted to Apple last week. The dating app has been picking up users at an incredible rate; it was 500K last December, 2M by this March, and 10M by August, and now 16M users. ~10% are international users. Momo attracted $40M in series B funding this summer.
Chinese Meetup App Momo Says Hello To $40M
VENTURE BEAT – Aug 28 – Momo Tech has raised $40M for its app that helps nearby strangers connect with each other. The product is similar to Grindr, Skout, Blendr and Badoo. Momo claims 10M users (acquired in just 1 year), 2.2 million of whom use the app daily, and the addition of 1M users a month. Momo means “Hi, stranger” in Mandarin.
by Rebecca Grant
See full article at Venture Beat
This post also appears on InternetDatingInvestments.