Chinese online game developer Beijing Kunlun Tech Co. Ltd. has confirmed that it is in talks with the Committee on Foreign Investment in the United States regarding a potential divestment of its U.S. subsidiary Grindr, a gay dating app.

In a filing on Monday, Shenzhen-listed Kunlun said that it is negotiating with CFIUS over its ownership of Grindr, but has not reached an agreement. Last week Reuters reported that CFIUS was concerned that Kunlun’s ownership of Grinder posed national security risks.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]