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Chinese dating app.By Echo Wang and Chibuike Oguh

Chinese dating app.By Echo Wang and Chibuike Oguh

(Reuters) – Chinese gaming business Beijing Kunlun Tech Co Ltd is near to signing an understanding to market popular gay relationship software Grindr LLC to a team of investors, in accordance with individuals knowledgeable about the situation.

The move employs a U.S. federal federal federal government panel ordered Kunlun to divest Grindr, which this has owned since 2016. The panel, dubbed the Committee on Foreign Investment in the usa (CFIUS), ended up being worried that the private information of millions of People in america, such as for example personal communications and status, is at danger of dropping in to the incorrect fingers.