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» Grindr, the world's largest gay social-networking site, told the Shenzhen stock exchange recently that it plans to IPO overseas. Its owner, Beijing Kunlun Technology Co, a games developer, didn't give a date or location. But the announcement revived concern in the gay community locally and worldwide about the app's Chinese ownership.
» For decades, Nestle SA has tried to get its infant milk powder into the hands of China's new mothers with promises of brighter, healthier babies. Now it's trying to do the same for the elderly. Last week, the company launched "Nestle YIYANG Fuel for brainTM senior milk powder", a formula designed to help China's seniors "refuel their brains and start a new smart life".
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