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

from iFeeltech IT News Mix4 https://techcrunch.com/2017/06/21/chinas-tantan-raises-70-million/?ncid=rss

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