Grindr: Chinese parent company plans to list gay dating app

By 2019-07-30Science & Tech
Image copyright Getty Images

The Chinese owner of gay dating app Grindr plans to list the firm publicly after US authorities abandoned their opposition to the move.

Kunlun Group suspended plans for an initial public offering (IPO) last year due to US objections.

Kunlun bought a 61.5% stake in the app in 2016 from its US founders and took full control in 2018.

The US had reportedly expressed concern over Chinese ownership of the US-based firm.

In a statement to the Shenzhen stock exchange ... Read even more

© 2018 ARCHALIEN.TV All Rights Reserved.

Send this to a friend