Tantan accepts $32m funding proposal

May 18, 2016 • Robert Lavine

The Bertelsmann-backed dating app developer aims to reach 10 million users by the end of the year, having completed a series C round that boosted its overall funding to $50m.

Tantan, a China-based dating app developer that counts media group Bertelsmann as an investor, has closed a $32m series C round, China Money Network reported today.

The series C funding was provided by investment firm DST Global, private equity firm LB Investment and Vision Plus Capital.

Founded in 2014, Tantan has built a mobile dating app that operates similarly to Tinder, requiring users to upload photos and allowing them to begin chatting once they both ‘like’ each other.

Tantan claims…

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