TECH CRUNCH - Jan 12 - Tinder has just closed its first acquisition and purchased Chill, creators of Tappy, as part of a strategic acquihire. The terms of the deal were not disclosed. Tappy, which received more than $10M in funding and pivoted out of Chill, will be shut down. Tens of thousands of users on the platform will have to find a new favorite chat app. But at Tinder, there won’t be any competition over energy or resources between two separate products.
by Jordan Crook
See full article at Tech Crunch
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