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Off WeChat to Momo, China’s social media craze is actually non-avoid. Tantan, the country’s greatest relationship application, established today so it have elevated a United states$ 70 billion worthy of from inside the a series D, increasing the startup’s total finance elevated to help you Us$ 120 million. NASDAQ-listed on the web public enjoyment enterprise YY Inc and you may Genesis Funding direct the brand new round which have involvement of SAIF and you may Zhongwei Capital.
Depending into the 2014, Tantan try a location-founded personal browse cellular software one facilitates correspondence anywhere between mutually curious profiles. This new Chinese application almost just like Tinder, down to the UI and this lets pages swipe leftover and you will correct to possess potential suits.
Wang Yu, Chief executive officer of your Tinder-particularly application, reported that the organization keeps refining the product for ideal consumer experience, and hopefully launch VIP registration services within the Q3 on the season. Providing totally free services in past times, this is exactly the very first time to possess Tantan to relax and play commercialization services.
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