Valuation
$2.3B
2020 Revenue
$2.3B
Customers
114M
Funding
$348.9M
Avg ACV
$20
Team
1.2K
Founded
2011
How Momo CEO Li Wang grew Momo to $2.3B revenue and 114M customers in 2020.
Provider of a location-based social networking application. The company provides a free platform enabling users to communicate through voice, photos and text, while being aware of real-time distance between themselves and the person they're messaging.
Last updated
Momo Revenue
In 2020, Momo's revenue reached $2.3B. The company previously reported $2.4B in 2019. Since its launch in 2011, Momo has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2020 | Momo Hit $2.3b revenue in December 2020 |
| 2019 | Momo Hit $2.4b revenue in December 2019 |
| 2011 | Launched with $0 revenue |
Momo Valuation, Funding Rounds
Momo's most recent disclosed valuation is $2.3B.
Momo has raised $348.9M in total funding across 6 rounds, with its most recent round in 2014.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2014 | Funding round | $60M | - | - |
| 2014 | Funding round | $211.8M | - | - |
| 2013 | Funding round | $45M | - | - |
| 2012 | Funding round | $28.7M | - | - |
| 2011 | Funding round | $888.5K | - | - |
| 2011 | Funding round | $2.5M | - | - |
Momo Employees & Team Size
Momo employs approximately 1.2K people as of 2026, up from 1.1K in 2021.
Momo has 1.2K total employees in different roles and functions. They have 114M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 1.2K employees (July 2025) |
| 2021 | Reached 1.1K employees (April 2021) |
Founder / CEO
Li Wang
Mr. Li Wang has been our chief executive officer since November 2020. Mr. Wang served as our chief operating officer from June 2014 to October 2020 and our president since April 2018 to October 2020. Mr. Wang joined the company as a core member of the founding team in 2011. Prior to joining us, Mr. Wang was the managing director of Laoluo English Training School, a start-up education service business from November 2008 to May 2011. He was the general administration staff at NEC China Co., Ltd. from April 2005 to April 2007. Mr. Wang received a bachelor’s degree in management from Beijing University of Aeronautics and Astronautics in China in 2004.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Momo acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Momo
What is Momo's revenue?
Momo generates $2.3B in revenue.
Who founded Momo?
Momo was founded by Li Wang.
Who is the CEO of Momo?
The CEO of Momo is Li Wang.
How much funding does Momo have?
Momo raised $348.9M.
How many employees does Momo have?
Momo has 1.2K employees.
Where is Momo headquarters?
Momo is headquartered in Chaoyang, Beijing, China.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .