FORBES – May 25 – Ma Baoli, who goes by the alias Geng Le, had been a policeman in the northern Hebei province for almost 20 years. He was forced to quit the job in 2012, when people found out he had secretly moderated Danlan, a gay website, at night. China has no anti- discrimination law in place, meaning a lot of people, especially those working for government, choose to hide their sexual orientation. Ma Baoli started Blued, a dating app similar to Grindr. Now Blued boasts ~20M users, including ~6M abroad. Last year Ma raised $30M at a valuation of $300M. This year he will start talking to investors for a new round. International expansion is on his mind. The goal is listing on the NASDAQ within five years.
by Yue Wang
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