The activist hedge fund Starboard Value which was founded in 2002 by Jeffrey Smith and Mark Mitchell with Smith serving as CEO has acquired a substantial stake in Match Group Inc (NASDAQ:MTCH), the ...
In a call with investors on Wednesday, Match Group announced cuts to 8% of its global workforce, and expanded on its 2023 Tinder road map, detailing plans to right the ship at the dating giant. “It’s ...
Match has attracted attention from a range of activist investors who are pushing for changes in an effort to revive Tinder and the broader dating app industry. Investors are getting back together with ...
Match Group's Q3 results missed estimates, with declining revenues and tepid Q4 forecasts, challenging the promised turnaround and sparking activist investor pressure. Falling revenue per user and ...
Match Group now represents 7.3572% of AUM, ranking as the fund's 3rd-largest holding ...
Match Group is trading at only 11X next year’s earnings, however, Tinder, its main asset, is losing popularity. Hinge, the second most popular app of Match, is gaining market share but the overall ...
Tinder is testing an AI feature called Chemistry that scans users’ photos to learn their interests and match them with compatible partners. While Match Group insists it requires user permission, the ...
The $5 billion dating app industry is largely dominated by Match Group. But downloads across the industry are falling. Here’s how some apps are shifting to stay competitive, with features that go ...
On the back of online dating becoming mainstream, the number of internet and mobile device users increasing globally, and the growth of the singles population worldwide, Match Group with its portfolio ...