The IPO values the social network at an estimated US$3 billion. Momo plans to list on the NASDAQ under the symbol MOMO.
Social media keeps on growing in Asia. Besides the perpetual growth of mainstream sites such as Facebook, up-and-coming startups are also jumping on the bandwagon, aiming to become leaders in their respective markets. With tough competition in the region, social media is becoming a numbers game, driven by compelling new features. At Tech in Asia, we aim to uncover all these goings-on in Asia’s social scene.
Xiaomi VP Hugo Barra took to Twitter to post some entertaining yet saddening misconceptions about China that he heard from Valley veterans.
Blued, which is aimed at China’s gay men, now claims to have 15 million registered users.
Hike and WeChat fill TVs with commercials, but WhatsApp stays on top with 70 million active users in India
WhatsApp added 20 million new MAUs in six months since it announced hitting 50 million active user mark in India.
WeChat, while it attracts the brightest spotlight from the west, actually has about half the users as its older PC-born brother, QQ Messenger.
Called MojiMe, it lets you put your face into hand-crafted WeChat stickers.
Earlier this month, Tech in Asia reported that Path was opening an office in Jakarta that would house a full-time staff member dedicated to growing the social network in Indonesia. The archipelago rep...
While the company is looking to open offices in South Korea and China next, it’s more concerned about getting a jump on the competition in Japan for now.
Following messaging app crackdown, Viber appears to be inaccessible for some Chinese users [UPDATED]
Has another messaging app bit the dust in the Middle Kingdom?
Facebook’s MAUs for US, Canada, and Europe grew by only 13.6 percent in the past two years, but the number rocketed by 53.8 percent in Asia.
Tencent has made a new social play in the same vein as Snapchat to appease China’s “post-90s” youths with a fresh US$20 million series A investment into Blink.
With the prospect of the country's favorite photo sharing app never making a comeback, what will fill the void?
Messaging app Line now has 30 million registered users in India- but it's still way behind WhatsApp.
Chinese web giant Tencent has bought a 7.53 percent stake in lottery technology and equipment provider China LotSynergy Holdings for up to $87 million.
Local telco Telkomsel boasted the top Twitter engagement in Indonesia last month, according to a pair of reports from social media analytics firm Sotrender. Poland-based Sotrender aims to help busines...
Line, the popular messaging app, moves into battle on many fronts with several new opponents.
HaiVL is one of Vietnam's most promising media startups. It cloned the 9gag funny image model and achieved 4 million uniqe visits per day within 2 years.