CNBC – Grindr, a dating platform for LGBTQ+ men, went public seven months ago and is now trading ~$6 per share. Since going public, CEO George Arison has been engaging with investors and focusing on innovation. Grindr aims to become a "gay super-app", serving not just as a dating platform but also a social network and community space. It has plans for further monetization through advertisement-free offerings and targeted ads. The company is looking to expand internationally and is exploring the incorporation of artificial intelligence in its services. Grindr has ~13M monthly active users worldwide.
by Alex Harring
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