A Chinese video gaming company has purchased a controlling stake when you look at the hugely popular US homosexual dating app Grindr, despite homosexuality remaining a sensitive and painful topic when you look at the giant that is asian.
Grindr, which calls it self “the largest system for gay guys in the field”, has scores of users globally. It’s celebrated for assisting hook-ups, helping possible lovers connect via photos, texting and location details.
Its search requirements consist of body type, ethnicity or “Tribe”: Bear, Clean-Cut, Daddy, Discreet, Geek, Jock, Leather, Otter, Poz, tough, Trans or Twink.
Beijing Kunlun Tech’s soared 10 percentвЂ”their daily limitвЂ”on the Shenzhen stock market on Tuesday after it announced the $93 million deal.
Grindr has already been for sale in Asia, plus in a declaration towards the exchange Kunlun TechвЂ”one of Asia’s biggest developers and operators of on line gamesвЂ”suggested it may be thinking about the business just as much for its networking technology, in terms of its niche that is particular specialisation.
“This investment in a networking that is social will further increase the business’s strategic design into the worldwide Internet market,” the declaration stated.
It added that its very own experience internet that is operating in international areas, such as for example games, would assist Grindr’s business grow.
Los Angeles-based Grindr had been started in ’09 in addition to gay relationship applicationвЂ”versions of that are tailored for Apple or Android os devicesвЂ”says this has a lot more than two million day-to-day active users in 196 countries.
Its 10 many active territories usually do not consist of Asia, where it competes with other international gay dating apps such as for instance Jack’d in addition to hugely popular homegrown choices such as for example Blued and Zank, which sport interfaces comparable to their worldwide counterparts.