Global Trade Alert
Global Trade Alert

United States of America: National security concerns lead to requirement that Chinese firm divest itself of the Grindr gay-dating app

Announcement

27 Mar 2019

The Committee on Foreign Investment in the United States reportedly obliged Beijing Kunlun Tech Co Ltd. to divest itself of Grindr, a firm providing match-making services for a gay clientele.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2019

Revocation date:

No revocation date

Updated: 27 Mar 2019
FDI: Entry and ownership rule In force

On March 27, 2019 multiple press outlets reported that the Committee on Foreign Investment in the United States (CFIUS) obliged Beijing Kunlun Tech Co Ltd. to divest itself of Grindr, a firm provid...

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