SCMP – Apr 1 – Beijing-based Kunlun, which has owned gay dating app Grindr since 2016, say it is communicating with the US regarding its ownership. It has yet to reach any agreement with US authorities (the Committee on Foreign Investment in the US – CFIUS) in response to reports that the firm has been forced to sell Grindr amid concerns that its ownership constitutes a national security risk. In August, Kunlun started preparations for an IPO. The CFIUS intervention, however, would put an end to that process.
by Zheping Huang
See full article at SCMP
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