Chinese Tinder-Like ‘Tantan’ Rakes In 32 Million USD

Chinese mobile dating app Tantan has raised a $32 million USD series C funding from a group of investors, including LB Investment, Vision Capital (元璟资本), and DST Global. The latter is headed by Russian billionaire Yuri Milner, whose investment portfolio includes big name tech companies, including Didi Chuxing, Xiaomi, Facebook, Snapchat, and Twitter.

“After this round of funding, we plan to continue focusing on [user] pain points, improving daily usage, and consolidating our position in the social application industry,” a PR spokesperson from Tantan told TechNode.

According to Tony Park, a Partner at LB Investment, some of the app’s future features include offering users the option to ask their matches out to lunch or to go for a walk. This will make it easier for matches to start a conversation and prevent matches from never talking to each other, he says.

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