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China games developer buys controlling stake in Grindr

Beijing Kunlun Tech Co offers US$93 million in cash for 60 per cent of world's biggest gay social networking app

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One of China's newly minted technology billionaires signed a deal to buy a controlling stake in Grindr, the world's biggest gay social networking app.

Hong Kong

ONE of China's newly minted technology billionaires signed a deal to buy a controlling stake in Grindr, the world's biggest gay social networking app.

Beijing Kunlun Tech Co, an Internet games developer, offered US$93 million in cash for 60 per cent of New Grindr LLC, the