control in January. Kunlun bought.5 per cent stake in Grindr in 2016 at a valuation of US155 million, and acquired the remaining shares for full ownership in January. With millions of daily users, Grindr also offers a premium subscription service that features Grindr Tribes, allowing users to specify their preference for Bear, Clean-cut, Daddy, Discreet, Geek, Jock, Leather, Otter, Poz, Rugged, Trans and Twink. The other two main business units of Kunlun include mobile gaming platform GameArk and entertainment social platform Xianlai Entertainment. The app was founded in March 2009 by Joel Simkhai, an Israeli immigrant to the US who grew up in Mamaroneck, in the state of New York. Meanwhile, Grindr can have an individual and direct financing platform which can support its expansion and long-term development. Image copyright Getty Images, image caption Grindr's parent company has given approval for its IPO.
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Earlier this year, he secured US100 million in Series D financing. The ex-cop behind Chinas largest Grindr-style gay dating app. Mr Simkhai originally created Grindr as a way to help people find others with similar interests using geolocation data, but it quickly gained popularity in the gay community through word of mouth and articles in the media. By coordinating with public health workers and using innovative campaigns and messaging, site owners aim to: Promote HIV testing as well as testing for other sexually transmitted infections (STIs). The meeting resulted in a set of recommendations and actions that owners of the dating websites and apps agreed to take. The Chinese tech firm originally bought.5 stake in 2016 from the company's US founders. To read the report from the meeting and for information on The Great Online Hookup Survey, which was developed to find ways online communities can promote sexual health, click here. Grindrs listing wont exert a huge influence on the groups revenues and profits, Kunlun said in the filing. Apps 'least preferred' way to meet people. Public rencontre en ligne wollongong health groups represented at the meeting include aids United, the Centers for Disease Control and Prevention, the National Alliance for State and Territorial aids Directors, the National Coalition for STD Directors, and Project Inform. Grindr, which counts the US and Europe as its major user customer base, is one of three major businesses operated by Kunlun, contributing.9 per cent,.4 billion yuan (US498 million of its total revenues in 2017, when the parent did not wholly own.
Gay dating app Grindr is to list its shares on international stock exchanges, under a plan submitted by its Chinese parent company Kunlun Group. It is free to use, with optional subscription plans for additional premium features. How social media is helping gay Chinese men fight HIV. Los Angeles-based Grindr, established in 2009, was initially financed by personal savings from its founding chief executive Joel Simkhai.