Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive...
HONG KONG/NEW YORK - Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive plans for an initial public offering of popular gay dating app Grindr Inc, after a U.S. national security panel dropped its opposition to the plan.
A source familiar with the matter said on Monday that Kunlun’s efforts to sell Grindr outright were continuing even as the IPO preparations were relaunched. Reuters reported in May that Kunlun had given some Beijing-based engineers access to the personal information of millions of Americans, including private messages and HIV status.
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