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.
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.
About Nasdaq:
Nasdaq (Nasdaq: NDAQ ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of over $8.8 trillion and more than 10,000 corporate clients. To learn more, visit www.business.nasdaq.com .
The photo is also available via AP PhotoExpress.
NDAQG
Media Relations Contacts: Will Briganti (646) 441-5012 Christine Barna (646) 441-5310
