Grindr's founder and chief executive officer, Joel Simkhai, stepped down in after Kunlun bought the remaining stake in the company. As a result of CFIUS' intervention, Kunlun has now shifted its focus to an auction process to sell Grindr outright, given that the IPO would have kept Grindr under Kunlun's control for a longer period of time, the sources said.
The army has denied allegations that investigators are using the case to embark on a broader mission to weed out gay soldiers. Beijing Kunlun Tech is seeking to sell Grindr after a U. Gay men are not exempt from conscription but are banned from engaging in homosexual activity while serving, leading to an environment in which they serve without revealing their sexual identity for fear of discrimination and reprisals.
Grindr, which describes itself as the world's largest social networking app for gay, bisexual, transgender and queer people, had 27 million users as of Military investigators looking into the case have threatened soldiers to out their gay peers, confiscated cellphones to check communication records, and even used dating apps to dupe soldiers into revealing their sexual identity, said Lim Tae-hoon, largest armies is allegedly using dating apps to out gay: head of the Military Human Rights Center for Korea, which tracks down abuses in the armed forces.
Ambassador Nikki Haley "Disturbed".
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