Gay dating app Grindr plans stock exchange listing

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Friday, December 6, Singapore Markets closed. Others are alarmed. Earlier this year, people in Washington familiar with the situation said CFIUS was pressuring Kunlun to sell Grindr over concerns that data gathered by the app on its more than 3 million daily users, who are mostly gay, bi, trans and queer men, could be used to blackmail Americans.

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What to read next. About Us. Others are alarmed. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.

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  • Despite the app being owned by a group based in China, the app is not the most popular gay dating app in the country.
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The app's parent, Chinese company Kunlun Group, said in a stock exchange filing to the China Securities Regulatory Commission on Wednesday that the listing will take place overseas, but where and when would depend on regulatory approvals as well as conditions in capital markets.

Data also provided by. It took full control in January of this year but the firm still operates out of Los Angeles. Skip Navigation. All rights reserved.

Gay dating app Grindr plans stock exchange listing

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