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The Wall Street Journal: U.S. orders Grindr’s Chinese owner to sell app over security fears

U.S. national-security officials have ordered a Chinese company to sell gay-dating app Grindr, signaling that a range of social-media companies and apps is now off limits to Chinese buyers.

The Committee on Foreign Investment in the U.S., known as Cfius, believes Grindr’s Chinese owner, Beijing Kunlun Tech Co. Ltd. 300418, +0.83% , could share information about its users with the Chinese government, which could exploit it for espionage purposes, according to people familiar with the matter.

Grindr sold a majority stake to Kunlun in 2016 for $93 million, and Kunlun acquired the remaining stake of Grindr in 2018. Grindr says it is the largest social-networking app for gay, bi, trans and queer people, with “millions of daily users who use our location-based technology in almost every country in every corner of the planet.

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