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Chinese company buys majority stake in Grindr

A Chinese company has bought a majority share of social networking app Grindr. Beijing Kunlun World Wide Technology Co bught a majority stake in the comany for $93 million, valuing the appĀ at $248 million, based on nearly $40 million in 2015 revenue. Beijing Kunlun, who are the biggest games and publishing company in China, have […]

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