Wednesday, March 27, 2019

Grindr's Chinese Owner Pressured To Sell Company

The current, Chinese owners of gay and bisexual dating app developer Grindr is being pushed to divest the company, on concerns over national security, according to a report from Reuters. Grindr is owned by Beijing Kunlun Tech Co Ltd., which acquired Grindr in 2016. According to the report, the Committee on Foreign Investment in the United States (CFIUS) is concerned about Kunlun Tech's access to personal data derived from Grindr's service. Grindr was founded in Los Angeles, and still has substantial operations here.

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