Chinese Gaming Firm Buys 60% Of Gay Dating App Grindr For $93M
January 11, 2016 at 23:51 PM EST
Grindr, the social network for gay men, has sold a majority 60 percent stake to Chinese gaming company Beijing Kunlun Tech for $93 million. The deal, which values six-year-old Grindr at $155 million, is the first time that the U.S. company has taken outside investment. Read More
