TIME – Sep 14 – Zhou Yahui, who purchased a controlling share in the gay-dating app Grindr early this year, was ordered by a Beijing court to hand over 705.4M shares of his online gaming company, Beijing Kunlun Tech, to his wife Li Qiong in a divorce settlement. The shares are worth about $1.1B based on the stock's closing price of $3.90 per share on the day of the ruling, making it one of the most expensive divorce settlements China has ever seen.
by Feliz Solomon
See full article at Time
Summarized by the Courtland Brooks team