• Investor group allowed to buy Grindr from Chinese firm for $620M

    Investor group allowed to buy Grindr from Chinese firm for $620M

    Chinese gaming company Beijing Kunlun Tech said on Friday that a US national security panel approved the $620 million sale of popular gay dating app Grindr to an investor group called San Vicente Acquisition. The panel, the Committee on Foreign Investment in the United States (CFIUS), ordered Kunlun last year to divest Grindr amid concerns …