Then in mid-June, Grindr’s employees got to meet some of their new bosses for the first time. ![]() ![]() A low-profile investment group, San Vicente Acquisitions, bought the company for $608 million. citizens, the Committee on Foreign Investment in the United States announced that it was forcing Kunlun to sell the company to American owners in March 2019.Ī year later, Kunlun reached a deal. Citing fears that the Chinese government could use personal data stored on the app to blackmail U.S. bought Grindr in 2016 and had hopes of taking the company public in a large stock offering until the U.S. The international ownership saga of America’s most popular gay dating app, Grindr, came to a close last month when a group of American investors took control of the West Hollywood company.Ĭhina-based Beijing Kunlun Tech Co.
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