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June 22, 2017 05:20 am GMT

Tantan, Chinas top dating app, raises $70M for monetization push and overseas expansion

Chinese startup Tantan, which is probably most comparable to Tinder, has raised $70 million in new capital as it looks to monetize its business for the first time and explore overseas expansion options. Three-year-old Tantan claims 60 million ‘validated’ users — i.e. not fake accounts — of which six million are active on a daily basis. Of those active users, 75 percent… Read More

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