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Grindr had been exploring a sale or fundraising round for much of last year. (Paresh Dave)Company founder and Chief Executive Joel Simkhai said the sale would allow Grindr to accelerate the growth of “the largest network for gay men in the world.”That includes users in Afghanistan and Pakistan -- where homosexuality is illegal on the grounds that it’s un-Islamic -- and in China, where not long ago gays and lesbians had so few ways to meet that they formed surreptitious communities around public toilets, parks and bathhouses.

After news of the sale, Beijing Kunlun’s stock shot up more than 10% in China, highlighting a huge demand among the country’s gay community for new ways to connect.

Blued has attracted 22 million gay male users, accounting for about 85% of China’s gay dating app market, the company wrote in a 2015 report.

Half its users are between 18 and 25 years old.“Blued is more important for Chinese people than Grindr is for Americans,” said Sun Mo, 25, a media operations manager at the Beijing LGBT (lesbian, gay, bisexual and transgender) Center.“In America, if you don’t use Grindr, you can go to a gay bar. In China, apart from Beijing, Guangzhou and Shanghai — in smaller cities, and in the countryside — you can’t find any gay organizations or gay bars whatsoever.” Indian cities, too, have only handfuls of gay-friendly bars, and members of the LGBT community say the country’s conservative views on marriage and family keep many of them in the closet.

Grindr is far from China’s most popular gay dating app.