BEIJING: The Chinese parent company of the popular gay dating

Lisette Voytko Forbes Staff. Its rival Blued, another social app for gay men has more users in China. CFIUS has not disclosed its specific concerns. Dating Apps. Sign Up. However, Grindr is not available in China. Last Name.

According to a report from Reuters, Chinese gaming company Beijing Kunlun Tech Co Ltd is apparently seeking to sell Grindr LLC, the popular gay dating app it has owned sinceafter a US government national security panel raised concerns about its ownership.

The unraveling of the Grindr deal also highlights the pitfalls facing Chinese acquirers of U. The development is a rare, high-profile example of CFIUS undoing an acquisition that has already been completed.

BEIJING: The Chinese parent company of the popular gay dating

I'm a New York-based journalist covering breaking news at Forbes. CFIUS has not disclosed its specific concerns. Key background: Geng founded Blued in after being forced to leave his job as a police officer.

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  • The Chinese parent company of the popular gay dating app Grindr on Tuesday said it will "restart" plans for a public listing after a US national security panel dropped its opposition to the move. US authorities had earlier raised concerns about the potential misuse of the app's data by the Chinese government after Beijing-based Kunlun Tech Co Ltd acquired it in
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Ltd is looking to sell Grindr, according to reports. The company is aiming for an IPO in the United States, which has an easier listing process and investors with deeper pockets. Podcasts Books Connect Entrepreneur Insurance. Trust Entrepreneur to help you find out. Are you sure you want to logout?

BEIJING: The Chinese parent company of the popular gay dating

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  • Jul 30,  · BEIJING: The Chinese parent company of the popular gay dating app Grindr on Tuesday (Jul 30) said it will "restart" plans for a public listing after a . Jul 30,  · China tech firm eyes IPO for gay dating app Grindr Beijing, July 30 (AFP) Jul 30, The Chinese parent company of the popular gay dating app Grindr on Tuesday said it will "restart" plans for a public listing after a US national security panel dropped its opposition to .
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  • The Chinese owner of Grindr is required to sell the popular gay dating app by US says Chinese ownership of gay dating app Grindr is a national security risk. The Chinese parent company of gay social networking app Grindr has exchange on Monday, Beijing-based gaming company Kunlun Tech The app, founded in , is the world's largest social networking app for gay, bi.
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  • Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since , after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.​ The Committee on. Meet the Chinese Owner of a Popular Gay Dating App US Calls 'National Chinese gaming company Beijing Kunlun Tech Co Ltd is apparently seeking The Chinese gaming giant, which also has an ownership stake in the.
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  • Topline: Blued, China's largest gay dating app, is planning an IPO that the app also connects gay couples hoping to be parents with surrogates dating app, is also owned by a Chinese company: Beijing Kunlun Tech Co. The Chinese owner of Grindr is required to sell the popular gay-dating app by June who raised national security concerns about the app's ownership. Beijing Kunlun Tech Co. said in a statement Monday that it reached a.
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