Grindr's SWOT analysis: dating app stock poised for growth amid ...

Dec 18, 2024 · This comprehensive analysis delves into Grindr's market position, financial outlook, and the factors that could shape its future in the competitive online dating industry. …

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Grindr's Expanding LGBTQ+ Market And 20% Revenue Growth …

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Dec 16, 2024 · Goldman Sachs analyst Eric Sheridan initiated coverage on Grindr Inc (NYSE:GRND) with a Buy rating and a price target of $20. Grindr is an online dating platform …

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Grindr's Expanding LGBTQ+ Market And 20% Revenue Growth

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Dec 16, 2024 · Goldman Sachs analyst initiated coverage on Grindr with a Buy rating and $20 price target. Grindr has a large and growing addressable market and favorable growth …

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Grindr Is Going Public — What’s Behind The 2.1B Valuation?

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May 10, 2022 · According to “the world’s largest social networking app for gay, bi, trans, and queer people,” Grindr’s revenue was $147 million in 2021, a 30% increase from 2020.

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FAQs about Grindr's SWOT analysis: dating app stock poised for growth amid ... Coupon?

Is Grindr a publicly traded company?

On Monday, the world’s most popular queer dating app announced it would soon become a publicly traded company. To enable the move to the markets, Grindr, which has been around since 2009 and now has about 11 million monthly users, is being acquired by a special acquisition company called Tiga Acquisition Corp. ...

Why was Grindr created?

Grindr, the mobile dating app, was put up for sale after its current Chinese owner was accused of sharing users' HIV status with third parties. Grindr was created and is now on the market. ...

Why are Grindr users suing?

Over a thousand Grindr users are suing the tech company in London. The world's largest dating app for the LGBTQ+ community is accused of sharing people's most private and sensitive information, including in some cases HIV status, with third parties for commercial purposes without their consent. Grindr isn't new to trouble. ...

What happened to Grindr?

To enable the move to the markets, Grindr, which has been around since 2009 and now has about 11 million monthly users, is being acquired by a special acquisition company called Tiga Acquisition Corp. Tiga is a “blank check company” based in the Cayman Islands and led by two former Goldman Sachs guys. ...

How big is Grindr's addressable market?

Sheridan noted Grindr’s addressable market as large and growing, as the company is positively leveraged to both the addressable LGBTQ+ user market (his work sizes the 2024 addressable user market at a range of 40 million-80 million) and advertising opportunity. ...

Is Grindr a bad app?

Grindr isn't new to trouble. While increasingly more governments have been banning its usage—it's the second-most banned social media app worldwide, in fact—the way the company handles users' data has also attracted strong criticism since its inception. ...