Chinese owner scraps Grindr IPO as US raises security concerns

CFIUS tells Kunlun to unload gay dating app on fears of private data leak

20190329 GRINDR-M&A/

The Grindr app is seen on a mobile phone in this photo illustration taken in Shanghai.  © Reuters

ALEX FANG, Nikkei staff writer

NEW YORK -- Beijing Kunlun Technology, the Chinese owner of gay dating app Grindr, is under the spotlight following reports that it is trying to sell the platform operator after the U.S. raised national security concerns.

The Committee on Foreign Investment in the United States, a federal panel, has told Kunlun its ownership of California-based Grindr constitutes a threat to American national security, as the dating platform could expose sensitive private data, including HIV status, to Chinese authorities, Reuters first reported Wednesday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.