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Beijing Kunlun Tech, a gaming company, said in a filing to the Shenzhen Stock Exchange that the Committee on Foreign Investment in the United States “now had no opposition to launching the listing process” for Grindr. government deemed the initial IPO plan insufficient to address its concerns over Chinese control of Grindr, preferring that Kunlun make a fast exit through an outright sale.CFIUS, which reviews the national security implications of foreign investments, had stopped Kunlun’s first attempt to list West Hollywood-based Grindr last September, the Chinese company said. Kunlun said it planned to list Grindr, either wholly or in part, on a foreign stock exchange at a time “dependent on overseas market conditions.” The company’s stockholders are due to vote on the listing proposal on Aug. 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.Here are the apps gay men are using — in many different languages — to find Mr.Right: The world's "largest gay social network" truly is just that.
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A red ribbon icon on the app gives users access to information on safe sex and STD prevention.