Grindr, which launched in 2009, reported roughly 11 million daily users per day last year. Users sent a combined 260 million messages in that same period, and spent an average of 61 minutes per day on the app. In the same announcement, Grindr estimated the value of its "highly engaged user base in a large and untapped addressable market" at $4 billion.
- Grindr begins trading on NYSE today after completing business combination with Tiga Acquisition Corp. (TINV)
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