Australia markets close in 13 minutes
  • ALL ORDS

    7,779.50
    +29.00 (+0.37%)
     
  • ASX 200

    7,503.70
    +29.20 (+0.39%)
     
  • AUD/USD

    0.7398
    +0.0001 (+0.02%)
     
  • OIL

    70.35
    -0.21 (-0.30%)
     
  • GOLD

    1,816.70
    +2.60 (+0.14%)
     
  • BTC-AUD

    51,416.22
    -700.11 (-1.34%)
     
  • CMC Crypto 200

    930.26
    -13.18 (-1.40%)
     
  • AUD/EUR

    0.6228
    -0.0002 (-0.04%)
     
  • AUD/NZD

    1.0487
    -0.0046 (-0.44%)
     
  • NZX 50

    12,797.29
    +96.79 (+0.76%)
     
  • NASDAQ

    15,061.42
    +97.80 (+0.65%)
     
  • FTSE

    7,105.72
    +24.00 (+0.34%)
     
  • Dow Jones

    35,116.40
    +278.24 (+0.80%)
     
  • DAX

    15,555.08
    -13.65 (-0.09%)
     
  • Hang Seng

    26,447.49
    +252.67 (+0.96%)
     
  • NIKKEI 225

    27,579.00
    -62.83 (-0.23%)
     

Tencent-Backed Online Dating App Soulgate Is Going Public. Here's What Investors Should Know

·6-min read
Tencent-Backed Online Dating App Soulgate Is Going Public. Here's What Investors Should Know
  • Oops!
    Something went wrong.
    Please try again later.

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.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting