China dating app founder accused of theft
The New York listing is scheduled for Thursday. Netease also claimed that Mr Tang awarded lucrative contracts to a company founded by his wife during that period.
Former employer accuses Momo founder of theft. Launched in while Mr Tang was still at Netease, Momo is a dating app similar to Tinder, and has grown to become one of the hottest mobile phone apps in China.
NetEase also said Tang used his former position with it to award lucrative contracts to his wife's company. He officially left NetEase in September the same year. Li said he gave Tang permission to devote off-work time to launching his personal business. One of its investors is ecommerce group Alibaba, which has been trying without success to launch a smartphone chat and instant messenger to compete with WeChat, owned by rival Tencent. Among them was Li Yong, a former president of NetEase's news portal division and an investor in Momo, and Tang's ex-supervisor.
Print Email A Chinese internet giant has accused a former employee of misconduct and corruption less than two days before the planned Nasdaq listing of the latter's company, scheduled for today.
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