I wanna see this prospectus.https://twitter.com/supchinanews/status/1035494661211783170 …
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It's a tech company based in Beijing w/ a subsidiary in Hong Kong. It's not like *China* itself has done or is doing anything.
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To list in a Chinese stock exchange you need 3 years of consecutive profits, so there’s that.
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I don't follow.
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All Chinese tech companies are listed abroad because they can’t fulfill the requirements for domestic listings. But here’s Grindr listing in the Shenzhen exchange. Tell me it ain’t funny.
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I think a distinct difference, however, is that Grindr started out as a western company targetting western audiences, & had been doing so until 2016 when this tech company got a majority interest, & has continued to do so.
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If anything, I'd say this mostly shows China's struggles w/ developing successfull products/services domestically in domestic markets, having to find success in simply "buying out" someone else's curation.
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I’d say more simply that the best business on earth is profiting from gaysex.
- End of conversation
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