CANADA JOURNAL - Jan 13 - Beijing Kunlun Tech, which is run by billionaire Zhou Yahui, paid $93M for a 60% controlling stake in the company – a significant sum for what is Grindr's first outside investment. Zhou Yahui, is a relatively unknown name in the tech scene but has made a $2.8B fortune through free-to-play online videogames and an extremely successful IPO on Shenzhen's ChiNext stock exchange.
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Summarized by the Courtland Brooks team
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