Tantan is a three-year-old Chinese dating app often compared to Tinder that offers swipe-based matchmaking. The company reports 60 million validated users and about six million daily active users, with a 75% second-day return rate and a 6:4 male/female ratio. Until now it has not monetized heavily and plans to introduce paid membership/VIP services to drive revenue, initially testing VIP features in select cities. Tantan is also exploring overseas expansion, eyeing India and Southeast Asian markets. The company says it is not planning to move into live-streaming at this point despite its new lead investor YY’s expertise in that area. According to Crunchbase, this fundraising brings Tantan’s total capital raised to $120 million to date. Tantan is a China-based social networking app positioned as a local equivalent to Tinder. Its core product is a social networking/dating app. The company announced a $32 million Series C financing in the article. The report does not disclose the lead investor, participating backers, valuation, or intended use of proceeds. No operating metrics such as revenue or user counts were provided in the coverage.

Total raised

$102M

Funding rounds

2

Latest round

Series D

Latest activity

Jun 2017