Consequent to the announcement, Beijing Kunlun shares climbed by the maximum daily 10 percent limit on Tuesday to 36.47 yuan (.53) on the Shenzhen Stock Exchange.Grindr has 10.5 million users in more than 196 countries and regions, with 30 percent of them from the United States.
Karl is interested in literature, long-distance running, skiing, hiking, and cycling... Chinese Pod is the longest-running Mandarin Learning tool.With over 3,500 audio and video lessons at six different skill levels there is something to study for everyone.The Los Angeles-based mobile app matches users based on location and personal photos.Beijing Kunlun said in a statement that the deal is part of its broad efforts to build an ecosystem where users of its gaming, social networking and Internet finance services can be mutually converted and grow in parallel.Chinese Internet game developer Beijing Kunlun Tech Co has purchased a controlling stake in US gay dating application Grindr to broaden its product portfolio and add new revenue streams.
Beijing Kunlun paid million in cash for a 60 percent share in New Grindr LLC, which values the six-year-old startup at 5 million.
The two companies were not immediately available for comments.
Chen Jingyi, a public relation official at Beijing Kunlun, said: "We will help bring Grindr to China and other Asian markets where our mobile games are popular." Chen Xu, an analyst at Beijing-based Internet consultancy Analysys International, said Beijing Kunlun is quite interested in Grindr's global reach, especially its Western user base which can help the company expand its international presence.
Karl graduated from Tulane University in New Orleans but is originally from Seattle, WA.
He is a new learner of Chinese, and enjoys comparing the similarities and differences with learning Japanese, a language he studied for six years. In fact, his favorite Chinese Pod lesson is "Smelly Cheese".
This means if you are familiar with Tinder, you should have no problem navigating Tan Tan.