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.

Momo Inc.
Momo Inc. (Nasdaq: MOMO), one of China's leading mobile social networking platforms, opened for trading 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.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

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The photo is also available via AP PhotoExpress.

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