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“At the same time, the company will expand its platform from games to also include long- and short-form video, literature, animation and other kinds of content.” Kunlun added the purchase could help it to replicate the recent success of social networking services like U. dating site Match.com, Momo Inc., often likened to China’s equivalent of U. social networking site Tinder, and Weibo, often called the Twitter of China.
Despite its rapid past expansion, Grindr’s revenue and profit growth are slowing due to increased competition and saturation in the social networking market.
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The primary goal of our free dating services is to create a community of people not only searching for dating and romance, but also to make friends, find online buddies, penpals or just a chit-chat with other folks online.
Very simple, yet very important: our dating site is the most scam free on the Internet.After paying about million for 61.53% of Grindr in January, Beijing Kunlun Tech Co. will pay another 2 million for the remaining 38.47%, the Chinese company said in a statement to the Shenzhen stock exchange on Tuesday.Kunlun said it will pay for the transaction in cash using its existing funds.Of course, just because increasing numbers of men and women are finding themselves single, it doesn’t mean that they wish to stay that way.Indeed, many are finding that the best solution to the work/life dilemma is to seek a compromise: it’s not about trying to the desire for love, instead it is a matter of getting smarter about finding it.