VC-backed China dating-app gains 26% on US trading debut
Chinese VC-backed mobile dating app Momo gained 26% on its first day of trading on NASDAQ following a $216 million IPO.
The company sold 16 million American Depository Shares (ADS) at $13.50 apiece, representing the mid-point of the indicative range. The offering could swell to $248 million if underwriters fully exercise...
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