Chinese customs on dating
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.Grindr, founded in 2009 in the United States, is the world’s largest LGBT social-network application, counting over 27 million registered users across 196 countries and territories across the world.But analysts warn of regulatory risks to gay-focused businesses as the country’s stringent regulations designed to stop dissemination of “pornography” could easily bar users’ access to gay social media apps or censor relevant contents.For example, Stuart Piggott states in his most recent book that "Shang chariotry appears to mark the first appearance of any wheeled transport in the area which was to become the nucleus of Imperial China." And Edward Shaughnessy declares, "There is no evidence of any type in China to suggest a vehicular development leading up to the mature chariot." Furthermore, Western scholars maintain that early Bronze Age China only possessed the borrowed technology of the chariot and never possessed or invented any other forms of conveyance or hauling such as carts or wheelbarrows.China’s gay dating and hook-up industry is still in its infancy, partly because homosexuality has long been a cultural taboo.
Kunlun paid about US million for a 62 per cent stake of the social media app in January last year, which meant that the startup’s valuation has gained 161 per cent since the Chinese firm’s last purchase.e Chinese Learning provides customized solutions for schools interested in adding to or expanding their curriculum with Chinese language study.We can work with your school to design Chinese programs based on your existing curriculum, rubrics, and grading requirements, or work with you to design a program from scratch.The Chinese company expected to bank on Grindr as a new growth engine, as the eight-year-old app proved to be a cash cow that had posted US.7 million in net profit for 2014, thanks to its rapidly growing membership.
The rapidly rising valuations of some of the world’s biggest social media platforms have also prompt the tech firm to build up its stake.
Blued, founded in 2012 by former policeman Ma Baoli , last year completed its latest round of fundraising, boosting its net worth to US0 million, exceeding the US0 million price tag for Grindr.