China’s Kalends To Acquire Additional Stake In Grindr For USD152 Million

Chinese Internet game distributor Kalends plans to invest USD152 million to acquire a 38.47% in Grindr with Kunlun Group as …

Global Gay Social Network Gains Shanghai Investment

HornetOne of the world’s largest social networks aimed at homosexual men just raised funding from a Shanghai firm. Shanghai-based venture …

Net Losses For’s Online Classifieds Business

online classifiedsChinese classified information website released its first annual financial report after its IPO, and the company’s operating revenue in …

Chinese Matchmaking Website To Acquire Its Peer

Nasdaq-listed Chinese online dating website announced a merger with its peer With this deal, will acquire Jiayuan’s American depositary shares and ordinary shares for consideration of between USD240 million and USD250 million. On the completion of the acquisition, Jiayuan will be delisted from Nasdaq. In addition, Wu Linguang, chairman and chief executive […]

U.S. Marriage Website Acquires 20% Stake In China’s

U.S. Internet giant IAC/InterActiveCorp’s marriage website has reportedly acquired a 20% stake in, a marriage website in China.