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US Is Forcing a Chinese Company to Offer Gay Dating App Grindr

US Is Forcing a Chinese Company to Offer Gay Dating App Grindr

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The government states a Chinese video gaming business’s ownership regarding the gay relationship app Grindr poses a nationwide risk of security, relating to a report from Reuters. Beijing Kunlun Tech acquired a 60 % stake in Grindr in 2016 and purchased the remainder in 2018. But, Reuters reports, the Chinese company didn’t clear the purchase using the agency referred to as Committee on Foreign Investment in the us, or CFIUS, which evaluates the nationwide protection effects of international investments in US businesses.