Gay dating search engine

“[With the deal,] we also aim to be a world leading social media company in the future, and to expand our platforms into film, streaming and animation,” it said.

The takeover comes at a time when China, the world’s most populous nation but lagging the West in achieving equal legal status for its homosexual citizens, is cultivating a lucrative industry catering to the social needs of the gay community.

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“These companies are only going to see their valuations rise in the coming five to ten years, as reflected by the soaring share prices of Weibo, Momo and other Nasdaq-listed social media companies.” While it is uncertain how the marriage between a Chinese game developer and an American gay dating app will bolster each other’s prospects, Grindr’s founder and chief executive Joel Simkhai described the deal in a blog post as “a huge vote of confidence in our vision to connect gay men to even more of the world around them.” ARMY LIFE: MORE GAY-FRIENDLY IN CHINA THAN UNITED STATES OR BRITAIN?

China’s gay dating and hook-up industry is still in its infancy, partly because homosexuality has long been a cultural taboo.

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The scoring that appears on this site is determined by the site operator in its sole discretion, and should NOT be relied upon for accuracy purposes.Chinese tech giants have scrambled to invest in social networking apps, which normally make money out of charging members fees for exclusive access or through advertising, with Alibaba and Tencent’s stakes in Snapchat.Although homosexuality is irreconcilable with the mainstream values in China, the LGBT community has made huge gains in social acceptance since homosexuality was decriminalised in 1997.In fact, Company/product listings on this page DO NOT imply endorsement by the site operator.Except as expressly set forth in our Terms of Use, all representations and warranties regarding the information presented on this page are disclaimed.

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