Gay dating app Grindr to IPO — Kunlun Group | Top News | SupChina

Gay dating app Grindr to IPO — Kunlun Group

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Grindr is a gay dating app that launched in 2009 in West Hollywood, California. Grindr pioneered the use of mobile location services to allow users who are physically nearby to find each other — a feature that is now common to all dating apps.

  • Beijing-based Kunlun Group bought 61.5 percent of the company in January 2016 for $93 million. It was Grindr’s first outside investment.
  • Earlier this year, Kunlun took full control of the company. The headquarters remain in California.
  • Now Kunlun has announced plans for Grindr’s initial public offering (IPO) in a filing to the Shenzhen stock exchange (in Chinese).

You read more about the Grindr IPO on the BBC, CNBC, and Bloomberg (porous paywall). Kunlun Group’s website is here.

Jeremy Goldkorn

Jeremy Goldkorn is co-founder of the Sinica Podcast and currently edits SupChina and its daily newsletter.

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