Grindr's Revenue Expected To Reach $38M - Online Personals Watch: News on the Online Dating Industry and Business

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Grindr's Revenue Expected To Reach $38M

Grindr management presentationBUSINESS INSIDER - Aug 27 - This month, hackers of AshleyMadison.com began to leak internal company data online, which also includes sensitive documents and the emails of CEO Noel Biderman. Included within Biderman's email correspondence is a "Management Presentation" for Grindr, created in June 2015. Accoring to the presentation, Grindr is expected to generate $38.1M this year. By the end of 2018, it predicts annual revenues ~$77M. Grindr claims that the average daily time its users spend on the app is 54 minutes daily, compared to Facebook's 42.1 minutes.

by Rob Price
See full article at Business Insider

See all posts on Grindr

Summarized by Courtland Brooks Internet Dating Marketing Consulting

Aug 28, 2015 |

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