Chinese Gaming Firm Buys 60% Of Gay Dating App Grindr For $93M

Chinese Gaming Firm Buys 60% Of Gay Dating App Grindr For $93M

Screenshot 2016-01-12 11.43.08 Grindr, the social network for gay men, has sold a majority 60 percent stake to Chinese gaming company Beijing Kunlun Tech for $ 93 million. The deal, which values six-year-old Grindr at $ 155 million, is the first time that the U.S. company has taken outside investment. Read More
Fundings & Exits – TechCrunch

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