Grindr Inc.: Double-Digit Percentage Growth in Q3 - Insider Purchases Total Over 6.5 Million USD
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Grindr Inc. (GRND) offers a social platform through its namesake dating app that allows gay, bisexual, transgender, and queer individuals to connect, share, and date. The business model is based on a freemium approach: the basic app is free and monetized through advertising, while enhanced features and an ad-free experience are offered via subscriptions like "Grindr XTRA" and "Grindr Unlimited." These premium offerings are crucial for the revenue structure as they provide additional, community-relevant solutions. The high brand awareness and an...
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