NYTIMES - Jan 11 - Beijing Kunlun will acquire 60% of Grindr, with the remainder to be owned by Grindr employees and Joel Simkhai, the company's founder. Grindr sees 2M regular visitors every day, who spend ~54 minutes using the app. Grindr's revenue was ~$32M in 2014, up 29% from $25M in 2013.
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Grindr Sells 60% Of Stake To Chinese Company
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