Grindr Sold to Beijing Kunlun Tech

Grindr
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Early last year Beijing Kunlun purchased a large stake (61% for $93 million) in Grindr. Well they must have liked the results of the purchase as it has been announced that they plan to purchase the rest of the shares (31.47%) for $152 million USD. This means they will become the sole owner of Grindr.

Grindr currently is based in Los Angeles, California. The dating app matches gay men based mainly on photos and location. The app currently has 27 million registered users from almost 200 countries with 30% of them from the United States. For more on this dating app you can read our Grindr review.