IPO Profile: Beijing Momo Technology Co Ltd

Company Details

Beijing

861-05-907-1755

www.immomo.com

Description: Beijing Momo Technology Co Ltd is a China-based company primarily engaged in the development of location determination/location based solutions (LBS) for wireless mobile networks in China. The company offers location-based mobile social networking product for iOS and Android mobile operating system, which allow its clients to know the people around, make friends and chat, also to exchange places.

IPO Details

Exchange and Ticker: Nasdaq: MOMO

Filing Range: 16.00 million shares @ $12.50 to $14.50

Offering Price: $13.50

Close price as of 12/11/14: $17.02

Offering Size: $216.00M

Shares Outstanding: 372.9M

Underwriters: Morgan Stanley & Co

Credit Suisse Securities (USA)

JP Morgan

China Renaissance Sec (HK) Ltd

Company Counsel: Skadden, Arps, Slate, Meagher & Flom

Manager Counsel: Kirkland & Ellis

Auditor: Deloitte Touche Tohmatsu

Market Capitalization on 12/31/14: $4475.47M

Close price on 12/31/14: $12.00

Investment Details

Venture Backers:

• Yunfeng Capital
• Sequoia Capital
• Alibaba Capital Partners
• Tiger Global Management
• Matrix Partners
• Mail.Ru Group Ltd

Financing Rounds:

• 8/4/11 $2.5M
• 10/1/12 $50M
• 10/21/13 $45M
• 5/15/14 $211.7M

Source: Data provided by Thomson Reuters.