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Match Group, Inc - MTCH STOCK NEWS

Welcome to our dedicated page for Match Group news (Ticker: MTCH), a resource for investors and traders seeking the latest updates and insights on Match Group stock.

Match Group, Inc. (NASDAQ: MTCH) is a global leader in providing online dating products, headquartered in Dallas, Texas. The company boasts a diverse portfolio of well-known brands such as Tinder, Match.com, OkCupid, Hinge, PlentyOfFish, Meetic, and OurTime, among many others. Since its public debut in 2015, Match Group has expanded its reach across more than 40 languages and numerous countries, connecting millions of users worldwide.

Match Group generates its revenue primarily from user fees (95%) and advertising (5%). The company has made significant strides in enhancing user safety and authenticity. For instance, Tinder recently announced the expansion of its ID Verification option to the US, UK, Brazil, and Mexico. This feature uses a combination of a video selfie and a valid ID to verify user profiles, aiming to create a safer dating environment.

Recent achievements also highlight Match Group's commitment to social responsibility. The company's fourth annual Impact Report showcases its dedication to environmental, social, and governance performance, underlining initiatives aimed at creating meaningful and safe connections for users.

In terms of partnerships, Match Group's brand Stir has teamed up with Therabody to support single parents, offering them tools and tips to alleviate back pain. Additionally, Hinge has introduced the 'Hidden Words' feature, which allows users to filter out unwanted words, phrases, and emojis, further enhancing user safety and confidence.

On the financial front, Match Group remains robust, regularly updating shareholders and the public with its financial performance and strategic initiatives. The company's latest shareholder letter, released in May 2024, continues to reflect its strong market position and future growth prospects.

Match Group is also a proactive participant in industry-wide collaborations. It has joined forces with companies like Coinbase, Meta, and Ripple in the 'Tech Against Scams' coalition, focusing on combating online fraud and scams.

News

Match Group Releases Annual Impact Report

Rhea-AI Summary
Match Group released its fourth annual Impact Report highlighting the Company's environmental, social, and governance performance for 2023. CEO Bernard Kim emphasized the commitment to creating meaningful connections, trust, safety, sustainable growth, and user experience innovation. The report aims to make a positive impact globally and pave the way for future achievements.
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Match Group to Webcast Q1 2024 Earnings Conference Call

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Match Group (NASDAQ: MTCH) will webcast a conference call to discuss its first quarter 2024 financial results on May 8, 2024. The company will release its results and investor materials on May 7, including forward-looking information.
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Match Group Appoints Laura Jones and Spencer Rascoff to Board of Directors

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Match Group appoints Laura Jones and Spencer Rascoff to its Board of Directors following constructive engagement with Elliott Investment Management. The appointments aim to enhance the company's capabilities and drive long-term success by adding marketing and entrepreneurial expertise.
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Stir, The Leading Dating App For Single Parents, Joins Forces With Therabody To Combat Single Parent Back Pain

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Dating app Stir partners with Therabody on National Single Parent Day to provide relief from back pain to single parents in the U.S.
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The Princeton Review's 2024 Rankings of Top Ugrad & Grad Schools for Game Design Are Now Out

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The Princeton Review released its 15th annual ranking of undergraduate and graduate schools for game design studies, with NYU and UCF securing the top spots. NYU ranked #1 for undergrad programs, while UCF claimed the #1 spot for graduate programs. The rankings are based on a survey of 150 schools offering game design courses, covering areas like academics, faculty, technology, and career topics.
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Match Group Teams Up with OpenAI to Spark a Love Affair with Innovation

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Match Group partners with OpenAI, securing over 1000 ChatGPT Enterprise licenses for employees to enhance workplace communication and productivity.
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Match Group to Present at the Morgan Stanley Technology, Media & Telecom Conference

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Match Group (NASDAQ: MTCH) executives to participate in fireside chat at Morgan Stanley Conference
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Tinder Announces ID Verification Is Expanding To Users In The US, UK, Brazil & Mexico

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Tinder expands ID Verification feature to US, UK, Brazil, and Mexico after successful pilot in Australia and New Zealand. Users who complete ID Verification receive 67% more matches. The process includes a video selfie and valid ID check for authenticity.
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Match Group Tells Users To Verify Their Profiles In Order To Go On More Dates

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Match Group platforms, including Tinder, Hinge, Match, and Plenty of Fish, are sending coordinated reminders to users with unverified profiles to encourage them to photo verify their profiles. Verified profiles lead to better engagement and increase confidence in potential matches. The platforms have also collaborated with the Global Anti-Scam Organization to promote safer online practices.
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Match Group Reports Fourth Quarter 2023 Results

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Match Group (MTCH) released its fourth quarter 2023 shareholder letter, announcing an upcoming conference call to discuss the results. The live webcast and replay will be available to the public, providing transparency and accessibility to investors and stakeholders.
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FAQ

What is the current stock price of Match Group (MTCH)?

The current stock price of Match Group (MTCH) is $30.71 as of November 15, 2024.

What is the market cap of Match Group (MTCH)?

The market cap of Match Group (MTCH) is approximately 7.9B.

What does Match Group, Inc. do?

Match Group, Inc. provides a diverse range of online dating products through its portfolio of brands, including Tinder, Match.com, OkCupid, Hinge, and plenty more.

Where is Match Group headquartered?

Match Group is headquartered in Dallas, Texas, USA.

What are Match Group's primary revenue sources?

Match Group generates revenue mainly from user fees (95%) and advertising (5%).

What recent safety features has Tinder introduced?

Tinder has expanded its ID Verification option, requiring a video selfie and a valid ID to verify user profiles, enhancing user safety.

What is the 'Hidden Words' feature on Hinge?

The 'Hidden Words' feature on Hinge allows users to filter out unwanted words, phrases, and emojis from their incoming Likes with Comments.

What is Match Group's approach to social responsibility?

Match Group is committed to environmental, social, and governance performance, releasing an annual Impact Report to highlight its initiatives.

Who are some of Match Group's notable partners?

Match Group has partnered with companies like Therabody for supporting single parents and has joined the 'Tech Against Scams' coalition with Coinbase, Meta, and Ripple.

When did Match Group go public?

Match Group went public in 2015.

What is the 'Tech Against Scams' coalition?

The 'Tech Against Scams' coalition is an industry collaboration aiming to combat online fraud and scams, involving companies like Match Group, Coinbase, Meta, and Ripple.

How can I access Match Group's financial updates?

Match Group regularly updates its financial performance and strategic initiatives on the investor relations section of its website.

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Match Group, Inc

Nasdaq:MTCH

MTCH Rankings

#983 Ranked by Market Cap
N/A Ranked by Dividends

MTCH Stock Data

7.94B
257.90M
0.8%
110.13%
5.57%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
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United States of America
DALLAS