[devy]

The first line of the article reads:

  ... Chinese gaming company Beijing Kunlun Tech Co Ltd is 
  seeking to sell Grindr LLC, the popular gay dating app it has 
  owned since 2016.

So what's the point here? The Chinese gaming company has already owned it for over 2 years and have access to the data already.

[killjoywashere]

Right, they got what they wanted out of it, so now they are just selling the trash. The fact that they're selling, coupled with the basis for the decision to sell, will probably crater the price. And I suspect this will have an adverse effect on Grindr's monthly-user count, which won't help that sale price. Wouldn't be surprised if Grindr folds. And that will have a deterrent effect on other companies interested in Chinese money. Because for the Chinese government, it ain't about the money.

[KaoruAoiShiho]

They don't want to sell... they're only forced to sell by the US government.