Tinder

Dating app giant Tinder, Hinge, and Match.com’s parent company, Match Group Inc. (NASDAQ:MTCH), missed estimates but announced restructuring plans spearheaded by new CEO Spencer Rascoff during its first quarter earnings call. What Happened: Rascoff unveiled a strategy focused on unifying the...

Online dating apps have struggled amid lulls in growth and user frustration with the services. Amid a change in leadership at Match Group Inc (NASDAQ:MTCH), two analysts have mixed feelings about the Dallas-based company’s prospects in 2025. The Match Group Analysts: On Wednesday, the...

The online dating industry may have hit its roughest patch yet. With global online dating spend flatlining at a projected 0% growth in 2025, JPMorgan analyst Cory Carpenter sees stagnation stemming from a lack of innovation and waning interest among younger users. While AI promises a future of...

The online dating industry had a somewhat awkward second quarter. Global spending showed a modest 3% year-over-year growth — in line with JPMorgan analysts’ expectations. Cory A Carpenter, Daniel Pfeiffer and Doug Anmuth shared their views on the online dating industry in the light of the...

Activist fund Elliott Management has made several moves in 2024 including targeting coffee chain Starbucks Corporation (NASDAQ:SBUX), which recently announced a new CEO. A new 13F filing reveals three other key areas Elliott is increasing focus on. Match Group: Online dating company Match Group Inc...

On Wednesday, in celebration of World Emoji Day, BLK, the world's largest dating and lifestyle app for the Black community, is teaming up with GIPHY to launch ‘BLKmojis'—a vibrant collection of emojis and GIFs celebrating Black culture and its influence on social media. Match Group’s BLK...

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 parent company of Tinder. The fund is urging Match Group to enhance its margins or consider a sale if...

Dating and social networking app Bumble (NASDAQ:BMBL) will report its fourth-quarter earnings on Feb. 27. Wall Street expects 11 cents in EPS and $275.29 million in revenues as the company reports after market hours. The company’s stock is down 11% so far this year, while rival Match Group (...

Tinder (NASDAQ:MTCH) is rolling out a more stringent verification process requiring users to submit a video selfie and a photo ID to obtain a special verification badge. The step is meant to combat catfishing. What Happened: Tinder announced that the new verification process will be implemented in...

More app and entertainment businesses are transitioning from user or payer growth stories to pricing stories. That's according to KeyBanc analyst Justin Patterson, citing the history of Netflix Inc (NASDAQ: NFLX). This goes smoothly when engagement metrics are improving (often...

In a significant shift for the online dating industry, Bumble Inc. (NASDAQ:BMBL) founder Whitney Wolfe Herd has announced her resignation as CEO of the company after ten years at the top. What Happened: Wolfe Herd will be stepping down from her role as the chief executive of Bumble and taking over...

Match Group Inc (NASDAQ: MTCH) shares tanked in early trading on Wednesday, after the company reported its third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Match Group Analyst Justin...

Dallas, Texas, based Match Group Inc (NASDAQ:MTCH) is set to report its third-quarter earnings after the market closes on Oct. 31. The company is a leading player in the online dating industry. Match Group has a diverse portfolio of dating apps that cater to different demographics and dating...

Popular dating app Tinder has launched a new feature named Matchmaker. This innovative tool enables users’ friends and family to review and give their opinions about potential matches, adding a layer of scrutiny to the online dating experience. What Happened: Tinder’s Matchmaker...

In an unexpected twist, Elon Musk, CEO of Tesla Inc, proposed the idea of using his social media platform Twitter as a potential dating site. Musk shared this suggestion via a tweet on July 13. What Happened: In response to a user’s tweet, Musk proposed the idea of using Twitter as a platform...