Grindr Moves To Expand Into Travel, Fitness, Health

Axios reports:

LGBTQ+ dating app Grindr has hired the founders of Athena, a 2-year-old fitness community app. Grindr aims to expand its app features into areas like travel and health, according to CEO George Arison.

Grindr is known as a tool for finding nearby dates, but its users have been using it for other social connections, says Arison. Most of Grindr’s revenue right now is from paid features via subscriptions and individual purchases. Arison wants to expand those offerings.

“Travel, we feel, is included in our core use cases, and then there’s extensions — one I’m really interested in is health,” he says, adding that he hopes Grindr could be used to help people find doctors.

Read the full article. Grindr currently has a market cap of $1.8 billion and trades on the New York Stock Exchange under the ticker symbol GRND. Simply Wall Street noted yesterday that the stock is up 63% in the last year.

Exclusive: Grindr has hired the founders of the fitness app Athena as it aims to expand its own app features into areas like travel and health. https://t.co/RiKPgMoh6M

— Axios (@axios) April 2, 2024

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