Grindr Inc.
GRNDGrindr Inc. is a social networking app primarily designed for gay, bi, trans, and queer people to connect, chat, and build communities. Founded in 2009, it became one of the most popular dating platforms within the LGBTQ+ community, offering location-based services that facilitate real-time connections.
Company News
Multiple corporate developments including Naver's crypto exchange acquisition, Grindr's stock movements, Sinclair's acquisition offer for Scripps, and SoftBank's chip startup purchase.
Grindr's stock dropped after the company's special committee rejected a take-private proposal from shareholders Ray Zage and James Lu, who offered $18 per share in cash. The board cited uncertainty about the proposal's financing.
Securities law firm investigating Grindr's potential take-private transaction by majority stockholders James Fu Bin Lu and George Raymond Zage, III, which may breach fiduciary duties to minority shareholders.
Multiple companies are exploring strategic transactions, including potential private equity deals for Grindr, sale of Too Faced cosmetics, and various mergers and acquisitions across technology, media, and financial sectors.
Pixalate released the May 2025 Top 100 North America Mobile App Bundle IDs Rankings for the Google Play Store and Apple App Store. The reports highlight the top mobile app Bundle IDs in the U.S. and Canada, with 'Happy Color®: Coloring Book' leading on Google Play in the U.S. and Canada, and 'Grindr - Gay Dating & Chat' ranking No. 1 on the Appl...
