ADVOCATE - Mar 18 - Earlier this year, the Beijing Kunlun Tech Company bought a majority stake in Grindr. Recently, China banned all TV programming depicting gay and lesbian couples. Yet the Chinese business was "excited" to invest $93M in the app. The world's most popular same-sex matchmaking app is Chinese Blued. Blued alone has ~15M users. "People in China are less open about homosexuality, but the beautiful thing about the smartphone is that it's a private device," said Blued investor David Chao.
by Daniel Reynolds
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Summarized by the Courtland Brooks team
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