Beyond Winning Contests: Just Exactly How Zhou Yahui Bought Grindr And Opera For Their Internet Aspiration

Beyond Winning Contests: Just Exactly How Zhou Yahui Bought Grindr And Opera For Their Internet Aspiration

This tale seems into the March 8, 2016 dilemma of Forbes Asia. Sign up for Forbes Asia

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IT HAD BEEN PAST SUMMERTIME when Zhou Yahui first learned about Grindr. The U.S. hookup that is gay was seeking a customer and a buddy introduced it to him. The billionaire creator of Beijing video video gaming business Kunlun Tech eventually chose to swipe immediately after negotiating an excellent cost. Kunlun in January invested $93 million for a 60% stake, valuing Grindr at lower than ten times profits before interest, fees and depreciation, he claims. Continue reading “Beyond Winning Contests: Just Exactly How Zhou Yahui Bought Grindr And Opera For Their Internet Aspiration”