Chinese Dating and Chat App Momo Cross 100 Million Users

Beijing Momo Technology Co. was recently valued at about U.S. $ 2 billion in private fundraising, according to the WSJ report, eighteen months ago , before raising linked Momo market value of approximately $ 500 million, the report said, the Chinese e-commerce giant Alibaba Group Holding is also an investor in Momo.

Beijing Momo Technology Co.  was recently valued at about U.S. $ 2 billion in private fundraising, according to the WSJ report, eighteen months ago , before raising linked Momo market value of approximately $ 500 million, the report said, the Chinese e-commerce giant Alibaba Group Holding is also an investor in Momo.

Momo Starting in August 2011, Momo allows members to upload their personal information, including photos, age, height and weight to their accounts. How to app finds all members of the user's position, when user refreshes his latest position, he can see other users who are wandering around the list.

In February 2014, the Company announced that it registered accounts Momo has exceeded 100 million, 40 million monthly active users by this time.