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Chinese Tech Billionaire Acquires Gay Dating App Grindr
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Beijing Kunlun Tech Co., the Chinese Web game developer run by billionaire Zhou Yahui, is always to buy a stake that is controlling U.S. gay dating application Grindr.
Bloomberg reports that Beijing Kunlun has provided $93 million in money for the 60 % share of brand new Grindr LLC. The Grindr purchase is one of a raft of discounts that Zhou, well worth a reported $1.7 billion, has undertaken in present months. Beijing Kunlun stated the addition of Grindr would broaden its profile and supply a source that is new of.
There was clearly no term on whether Beijing Kunlun planned to just take Grindr to China, even though there happens to be a basic liberalization of attitudes to homosexuality in Chinese culture.
China decriminalized homosexuality in 1997, also it was just taken out of the Ministry of wellness's range of mental conditions in 2001. In 2005, Ang Lee's Oscar-winning cowboy love Brokeback Mountain ended up being prohibited from launch in cinemas, inspite of the manager's celebrity status in greater Asia. This season, Asia's media watchdog eliminated homosexuality from the directory of taboo subjects considered too vulgar or pornographic for general public usage.
Chinese movie Seek McCartney, about two guys taking part in a key relationship that is cross-cultural recently became initial homosexual film to pass through the nation's notoriously stringent censors. Nevertheless, LGBTQ groups in Asia are nevertheless banned from registering as formal non-governmental organizations, and activists usually face official harassment, particularly if they attempt to publicize activities and campaigns.