#HTE

 Grindr, the social network for gay men, has sold a majority 60 percent stake to Chinese gaming company Beijing Kunlun Tech for $93 million. The deal, which values six-year-old Grindr at $155 million, is the first time that the U.S. company has taken outside investment. Read More
http://techcrunch.com/2016/01/11/chinese-gaming-firm-buys-60-of-gay-dating-app-grindr-for-93m/?ncid=rss