Grindr, the gay men's hookup app that has 5 million users, is ready to settle down with a permanent partner
Grindr is reportedly up for sale, according to a report from Bloomberg, with the company having hired advisers to help them find a possible suitor. It's not definite the app will be sold, however, as the company will still need to find an interested buyer and agree to terms.
The company is still owned by Joel Simkhai. The dating app for gay men broke out on the scene in 2009 and quickly became one of the first successful mobile-native services. Its success allowed it to remain independent, thanks in part to its users, who pay $12 a month to use the app, which allows users to find others interested in a hookup nearby Read more...
More about Grindr, Social Media, and Dating Appsvia Social Media http://on.mash.to/1IXK9cc
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