Tantan
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Tantan is a Chinese location-based dating app founded in 2014 by Yu Wang, often called the 'Chinese Tinder' for its swipe-left/swipe-right matching. It grew past 100 million registered users and, by the end of 2018, reported 3.9 million paying users. In February 2018 it was acquired by its larger rival Momo, which paid about $600.9 million in cash plus 5.3 million newly issued shares, and Tantan continued operating under its own brand.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded
Yu Wang founds Tantan in China as a swipe-based dating app aimed at young users.
- Acquired by Momo
Momo acquires 100% of Tantan for approximately $600.9 million in cash plus 5.3 million newly issued Class A shares; the deal closes in May 2018.
- App-store suspension
Tantan is removed from major Chinese app stores on government direction over content violations; it conducts a comprehensive self-review and returns.
- Still operating under Hello Group
Tantan remains active under parent Hello Group, though with declining users (12.0 million MAU in September 2024, down from 15.7 million a year earlier).
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.