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Gay dating app Grindr files for stock exchange listing

A dating app for gay and bisexual men is to be floated on an international stock exchange. The Be...
Newstalk
Newstalk

14.43 30 Aug 2018


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Gay dating app Grindr files fo...

Gay dating app Grindr files for stock exchange listing

Newstalk
Newstalk

14.43 30 Aug 2018


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A dating app for gay and bisexual men is to be floated on an international stock exchange.

The Beijing Kunlun Wanwei Technology Company has filed a stock exchange offering to the China Securities Regulatory Commission.

The firm examined and approved "an overseas listing of Grindr Inc", the document says.

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Grindr is described as "the world's largest homosexual social network".

It is to be a listed entity with publicly issued shares.

The app is a wholly-owned subsidiary of the Kunlun Group, which currently holds 100% of its shares.

A screenshot of the Grindr app | Image: Grindr LLC

Since launching in 2009, Grindr has millions of daily users in almost every country in the world.

The company says it has some 12 million users globally, and 3.3 million active daily users.

The Kunlun Group took full ownership of the California-headquartered company back in January.

The company's founder Joel Simkhai exited as CEO as part of the sale and was replaced by Yahui Zhou.

Speaking at the time, Mr Zhou said: "Looking forward, we are extremely excited about the excellent work Grindr is doing in becoming a leading global technology company, serving and supporting our users no matter where they are in the world."


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