ECNS.CN – May 25 – Beijing based game developer Kunlun Tech already bought 61,53% stake in Grindr for $93M in January 2016. On Tuesday, the company announced that it will buy the remaining 38,74% stake for another $152M. That will make Kunlun Tech the sole owner of the dating app. Grindr currently has more than 27M members from 196 countries (30% of whom are in the US).
by Gu Liping
See full article at Ecns.cn
This post also appears on InternetDatingInvestments.
Summarized by the Courtland Brooks team