I wanna see this prospectus.https://twitter.com/supchinanews/status/1035494661211783170 …
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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.
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ChiNext board only requires profitability the most recent one year, or two years if it doesn’t meet a revenue threshold (which this ‘decline, but in app form’ certainly does)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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