Chinese Tech Billionaire Acquires Gay Dating App Grindr

Chinese Tech Billionaire Acquires Gay Dating App Grindr
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Beijing Kunlun Tech Co., the Chinese Web game developer run by billionaire Zhou Yahui, is always to buy a stake that is controlling U.S. gay dating application Grindr.

Bloomberg reports that Beijing Kunlun has provided $93 million in money for the 60 % share of brand new Grindr LLC. The Grindr purchase is one of a raft of discounts that Zhou, well worth a reported $1.7 billion, has undertaken in present months. Beijing Kunlun stated the addition of Grindr would broaden its profile and supply a source that is new of.

There was clearly no term on whether Beijing Kunlun planned to just take Grindr to China, even though there happens to be a basic liberalization of attitudes to homosexuality in Chinese culture. Читать далее «Chinese Tech Billionaire Acquires Gay Dating App Grindr»