Certainly one of China’s newly minted technology billionaires finalized a deal to purchase a managing stake in Grindr, the world’s biggest gay social-networking app.
Beijing Kunlun Tech Co., A internet games business that helped introduce Angry Birds to Asia, offered $93 million in cash for 60 per cent of the latest Grindr LLC, the company stated in a declaration to your Shenzhen stock market. Beijing Kunlun Chairman Zhou Yahui, whom became a billionaire following the business listed stocks year that is last had been scouting other possible assets when you look at the U.S., in accordance with a business spokeswoman, Sophie Chen.
Zhou, worth $1.7 billion based on the Bloomberg Billionaires Index, has overseen seven 
discounts for Kunlun since April — including Grindr and a minority stake in Uk mortgage lender LendInvest Ltd. Continuar lendo Chinese Gaming Billionaire Buys U.S. Gay Dating App Grindr