DEALSTREETASIA - May 19 - China's Tinder, Tantan app, announced the latest financing round of $32M from a group of investors led by DST Global, Vision Plus Capital and LB Investment. Tantan has not focused on generating profit, so far. "We'll focus on that around the end of this year after we've hit 7 to 10M daily active users," said Tantan spokesperson. Previously, Tantan raised a $13M round of Series B funding, and in January 2015 a $5M Series A round.
by Chalida Ekvitthayavechnukul
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