Dating app Momo jumps as Alibaba's Tsai's joins board, revives buyout buzz

Dating app Momo jumps as Alibaba's Tsai's joins board, revives buyout buzz

Momo Inc.surged after naming Alibaba Holdings Group Holding Ltd.’s vice chairman to its board, stoking speculation that the Chinese maker of a dating app may be able to complete a management-led buyout with help from the country’s biggest online retailer.

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