Grindr Shares Soar As Majority Shareholders’ Buyout Offer Values Dating App At $3.5 Billion

Forbes•Saturday, October 25, 2025 at 2:59:46 AM

Grindr's shares have surged following a buyout offer valuing the dating app at an impressive $3.5 billion from majority shareholders George Raymond Zage III and James Lu, who hold 64% of the company. This comes despite a challenging year for Grindr, where shares had previously declined, even as the company reported improved net profits. This development is significant as it highlights investor confidence in Grindr's potential and could lead to new opportunities for growth and innovation in the dating app market.

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