WeChat is way and out the most significant messaging program in Asia at this point, which is in order to pump a thrust among the list of more compact professionals to obtain together for far better size. Nowadays, Momo, the Chinese location-based social networks application with which has more recently produced a big press into online dating services that is traded on Nasdaq with market limit of around $6 billion, launched so it has actually bought Tantan, China’s leading matchmaking app, for “approximately 5.3 million just given Class the ordinary shows of the vendor and US$600.9 million in cash”.
it is not yet determined just how that cost comes even close to Tantan’s pre-exit valuation: they got never disclosed the number. All in all, Tantan received raised $120 million, most notably a $70 million circular just the past year from a variety of tactical and monetary people. (más…)