Founded in August 2011, Momo is a free location-based instant messaging application designed to connect smartphone users with people nearby. Its core mission is to foster social interactions and build communities by enabling users to share texts, audio notes, and photographs over the internet. Momo's vision is to create a platform where individuals can find like-minded people around them anytime and anywhere, enhancing social connectivity through technology.

Notable affiliated people include Tang Yan, who played a key role in the company's development. Momo has attracted significant investor interest, contributing to its rapid growth. Within two years and three months of its launch, Momo registered 80 million users, with 13 million daily active users. The app's impact is evident in its ability to facilitate meaningful local connections, making it a prominent player in the social networking space.