Grindr in Chinese hands
Tech
January 12, 2016 15:14
According coo Carter McJunkin acquisition was necessary in order to grow faster. Grindr, which operates in 196 countries, will further undergo no reorganization and will continue to operate in the current structure.
Financial problems will occur, according to the company. The turnover in 2014 was 29 percent higher than in 2013. However, that was not enough to continue the growth in the planned pace.
- Homodatingapp Grindr is 60 percent taken by the Chinese game company Beijing Kunlun. The company has previously $ 155 million down.
According coo Carter McJunkin acquisition was necessary in order to grow faster. Grindr, which operates in 196 countries, will further undergo no reorganization and will continue to operate in the current structure.
Financial problems will occur, according to the company. The turnover in 2014 was 29 percent higher than in 2013. However, that was not enough to continue the growth in the planned pace.
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