NEW YORK, Dec. 11, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Momo Inc. (Nasdaq:MOMO), a mobile-based social networking platform for users in China, commenced on The Nasdaq Stock Market on December 11, 2014.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=29606
Momo is a location-based social media application that lets users connect with people nearby and interact with groups and events locally. Since its founding in 2011, Momo has become one of China's leading mobile social networking platforms.
By listing with Nasdaq, Momo joins many of the world's largest and most revolutionary technology companies. Momo is the tenth Chinese company to list on Nasdaq in 2014, bringing the exchange's current total of listed companies from China to 113. Nasdaq has also been the exchange of choice to over 70 percent of technology companies listed in the U.S. markets.
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The photo is also available via AP PhotoExpress.
Source:The NASDAQ OMX Group, Inc.