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Gay hookup app Grindr sells majority share to Chinese gaming company

13 Jan 2016
Steve Wright

Gay hookup app Grindr has had a majority stake sold to Beijing Kunlun, a Chinese gaming firm.

Beijing Kunlun will be in control of 60% of the app, valued at around $155 million USD.

“We have users in every country in the world, but in order to get to the next phase of our business and grow faster, we needed a partner,” Carter McJunkin, Chief Operating Officer of Grindr, said to the New York Times.

Grindr’s estimated user base is around 2 million, which is decimated by a Chinese gay hookup app called Blued.

Beijing Kunlun makes a variety of online and mobile games, primarily focused in China.

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Steve Wright

Steve's the owner and Editor-in-Chief of Stevivor.com, the country’s leading independent video games outlet. Steve arrived in Australia back in 2001 on what was meant to be a three-month working holiday before deciding to emigrate and, eventually, becoming a citizen.

Stevivor is a combination of ‘Steve’ and ‘Survivor’, which made more sense back in 2001 when Jeff Probst was up in Queensland. The site started as Steve’s travel blog before transitioning over into video games.

Aside from video games, Steve has interests in hockey and Star Trek, playing the former and helping to cover video games about the latter on TrekMovie.com. By day, Steve works as the communications manager of the peak body representing Victorians as they age.