IPO Filing – Momo Inc.
Momo Inc., a Chinese social network for use on mobile devices, filed to raise $300m in an initial public offering. The Company operates in China and has booked $17,015m in LTM Revenue.
Current Momo investors include Gallant Future Holdings, Joyous Harvest Holdings, First Optimal Holdings, Alibaba, Matrix Partners China, Sequoia, and Rick Moon. Morgan Stanley, Credit Suisse, J.P. Morgan, and China Renaissance Securities Hong Kong have been selected as lead underwriters for the offering. Triton Research expects the deal to price on December 11, 2014.