Gay dating app Blued bags strategic investment from China’s state-run media

Contrary to most foreigners would believe, China is shifting to a much milder tone towards the country’s thriving LGBT community, especially when it comes to the online world. This is evident enough with the extent to which LGBT-related topics can be talked about online and the number of tech services that goes after this special group. It seems that the country’s tolerance for GLBT community is spreading from the cyber world to the real world.

Chinese gay chat and hook-up app Blued announced Tuesday that it has sealed eight-digit RMB strategic funding from the investment arm of The Beijing News, a state-backed newspaper group.

The expanding globalization initiative of Blued and its growth in live streaming, e-commerce, gaming healthcare and entertainment were the main reasons for this investment, according to a representative from the investor.

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