Tencent eyes silver generation with investment in video app for dancing grannies

  • Of China’s 829 million internet users, 12.5 per cent are aged 50 and above
  • Xiaotang Technology, which runs social media app Tangdou, has raised nearly US$100 million to date

Elderly people dance during a morning exercise session at the Temple of Heaven park in Beijing. Photo: Reuters

In public squares across China, groups of middle-aged women and seniors regularly gather at dusk and dawn to dance in unison to music blaring from loudspeakers.

Thanks to the internet, the public square is no longer their only stage. Tangdou, a social media app that teaches grannies and grandpas how to dance, has 200 million users in China – more than the population of Mexico and Britain combined.

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