Momo, the Chinese location and interest-based social app, has filed for IPO to raise US$300 million. The Momo IPO will, like many Chinese tech stocks, be in the U.S.

Widely known as a mobile app with location-based features for connecting strangers, Momo is now transforming into an interest-based social platform. It has also been adding services for businesses to interact with Momo users.

As of September 2014, Momo has 180.3 million registered accounts, 60.2 million monthly active users, 25.5 million daily active users and 2.3 million paying membership subscribers, according to the filing.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com