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LGBTQ dating app Grindr has been awash by its Chinese owners, reports the Financial Times and Reuters. The sale comes afterward a US government steering expressed nationwide security concerns substantially Beijing Kunlun Tech's ownership of the app last year. Kunlun is now selling Grindr to San Vicente Conquest for substantially $608.5 million.

Kunlun originally bought Grindr in 2018, except the Steering on Foreign Investment in the United States (CFIUS) reportedly informed Kunlun that its ownership of Grindr was a nationwide security risk, equal to a March 2019 Reuters report. Kunlun did not abide its conquest of Grindr for CFIUS review, which is perhaps why the steering fabricated the rare appeal to disengage an already-completed acquisition, reported Reuters.

Kunlun had a June 2020 perimetric to sell Grindr. The FT originally reported that the sale has been blest by CFIUS, equal to two of its sources, except has useable its dealie-bob to say that the sale still needs to be reviewed by the committee. As able-bodied as a antecedent hardened with the donate told The Verge afterward the original publication of this dealie-bob that the donate is still under review.

At the time of Reuters' Mugging 2019 report, it was unclear what CFIUS's specific concerns were, except the FT says the steering worried the Chinese government could use claimed dossier from the app to bribing US citizens -- which could include US government officials. As able-bodied as as of late, the US has been scrutinizing app developers increasingly heavily over how they handle claimed data. CFIUS impassable acquisitions of MoneyGram as able-bodied as AppLovin by Chinese companies in the practiced over security concerns.

Grindr's dossier leadership practices hypothesize also come into catechism by padding groups over the practiced few years. In January, a Norwegian nonprofit filed three complaints alleging that Grindr's Android app shares claimed dossier with ad companies in vituperate of GDPR. In April 2018, a different Norwegian nonprofit matriculate that Grindr shared its users' HIV statuses with two alfresco companies, a convenance that Grindr has spine stopped.

Update, Mugging 6th, 2:11PM ET: Appended FT updates that say the donate is still under CFIUS review as able-bodied as appended milieu from a antecedent hardened with the donate that spoke with The Border afterward the original publication of this article.