Tencent-Backed Online Dating App Soulgate Is Going Public. Here's What Investors Should Know
The Chinese tech giant Tencent (OTC: TCEHY) owns a 49.9% stake in Soulgate, making it the largest shareholder in the company. Given Tencent's track record of successful bets on companies like Pinduoduo and Sea Limited, Soulgate deserves a closer look. Launched in 2015, Soul is part of a new wave of social media platforms challenging the dominance of established players such as Facebook.