Kunlun Tech controls US gay dating app Grindr
Print Edition
A Chinese gaming firm has bought a controlling stake in the hugely popular US gay dating app Grindr.
Grindr, which calls itself “the largest network for gay men in the world,” has millions of users globally.
It is renowned for facilitating hook-ups, helping potential partners connect via photos, messaging and location details.
Its search criteria include body type, ethnicity or “Tribe:” Bear, Clean-Cut, Daddy, Discreet, Geek, Jock, Leather, Otter, Poz, Rugged, Trans or Twink.
Beijing Kunlun Tech’s shares soared by the 10 percent daily limit on the Shenzhen Stock Exchange yesterday after it announced the US$93 million deal.
Grindr is already available in China, and in a statement to the exchange Kunlun Tech — one of China’s biggest designers and operators of online games — suggested it might be interested in the company as much for its networking technology as for its particular niche specialization.
“This investment in a social networking platform will further improve the company’s strategic layout in the global Internet market,” the statement said.
It added that its own experience operating Internet products in overseas markets, such as games, would help Grindr’s business grow.
Los Angeles-based Grindr was founded in 2009 and the gay dating app — versions of which are tailored for Apple or Android devices — says it has more than 2 million daily active users in 196 countries and regions.
Its 10 most active markets do not include China.
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