US Is Forcing a Chinese Firm to Sell Gay Dating App Grindr
US Is Forcing a Chinese Firm to Sell Gay Dating App Grindr
Business, Spoken · SpokenLayer
March 29, 20194m 30s
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Show Notes
The US government says a Chinese gaming company's ownership of gay dating app Grindr poses a national security risk, according to a report from Reuters. Beijing Kunlun Tech acquired a 60 percent stake in Grindr in 2016 and bought the rest in 2018. But, according to Reuters, the Chinese firm didn't clear the acquisition with the agency known as the Committee on Foreign Investment in the United States (CFIUS), which evaluates the national security impacts of foreign investments in US companies.
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