Report: Grindr’s Chinese owner Kunlun is attempting to sell the dating application after CFIUS raised individual data issues

Report: Grindr’s Chinese owner Kunlun is attempting to sell the dating application after CFIUS raised individual data issues

Grindr, the favorite relationship app for homosexual, bisexual, transgender and queer individuals, appears enjoy it could be changing fingers once again, per year after it absolutely was obtained at a valuation of $245 million. Based on a written report in Reuters, Grindr’s owner Kunlun is seeking a customer for the business following the Committee on Foreign Investment in the usa (CFIUS) determined that having the software owned by a Chinese business poses a security risk that is national.

Kunlun additionally posts games, provides online monetary solutions, and contains other internet holdings for instance the Opera web browser. Continue reading “Report: Grindr’s Chinese owner Kunlun is attempting to sell the dating application after CFIUS raised individual data issues”