Grindr sold by Chinese owner after US raised national security concerns
TechCrunch LA
MARCH 6, 2020
Reuters reports that the Chinese company sold its 98% stake in Grindr to a U.S.-based The app, originally developed in Los Angeles, raised national security concerns after it was acquired by Beijing Kunlun in 2016 for $93 million. The deal is subject to shareholder approval and a review by CFIUS.
Let's personalize your content