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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.

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Match Group (NASDAQ: MTCH) will webcast a conference call to review its fourth quarter 2023 financial results on January 31, 2024, at 8:30 a.m. Eastern Time. After the close of market trading on January 30, Match Group will publish its fourth quarter results and supplemental investor materials, including forward-looking information, at https://ir.mtch.com.
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Match Group (NASDAQ: MTCH) appoints Faye Iosotaluno as Chief Executive Officer of Tinder. Iosotaluno, a proven technology executive, brings deep understanding of Tinder and Match Group businesses. She has led major initiatives in member experience, business development, strategy, finance, and international operations. Bernard Kim, Match Group CEO, expresses confidence in Iosotaluno's leadership and anticipates exciting growth and innovation for Tinder.
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Busy Philipps, a well-known actress and single mom, is teaming up with Stir, the leading dating app for single parents, to promote holi-dating and self-care for single parents. The full video series is now live across Meta, TikTok, and streaming platforms. Busy encourages single parents to take time for themselves and indulge in a little fun during the holiday season. She emphasizes the importance of communication, connection, humor, shared interests, and setting boundaries when it comes to dating as a single parent.
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Hinge (HINGE) launches One More Hour™ initiative to combat loneliness among Gen Z with a $1M fund for social groups in Atlanta, Los Angeles, and New York City. The program aims to provide in-person connection opportunities, addressing the 1,000-hour annual decline in in-person connection time for young adults. Hinge partners with DoSomething Strategic and the Foundation for Social Connection to develop impact benchmarks and identify organizations, with grants up to $25,000 for select social groups.
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Match Group (NASDAQ: MTCH) to Present at Wells Fargo TMT Summit on November 29 at 4:30 p.m. Eastern Time. Gary Swidler, President & Chief Financial Officer, will be the presenter. The presentation will be available via live webcast and replay at https://ir.mtch.com/news-and-events/events. This event aims to provide valuable insights into Match Group's financial strategies and future prospects.
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Match Group (NASDAQ: MTCH) expands 'Are You Sure?' safety feature to millions of users across various platforms, including Tinder, Plenty of Fish, and Meetic, aiming to prevent harassment by warning users before sending potentially problematic messages. Over 500 million such messages have been intercepted since its 2021 launch.
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Match Group (NASDAQ: MTCH) has released its third quarter 2023 shareholder letter. The company will host a conference call on November 1, 2023, to discuss the results.
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Plenty of Fish reveals its annual list of dating trends for 2024, including Rizz-Colored Glasses and Canon-Bailing.
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Match Group to webcast Q3 2023 financial results review on November 1, 2023.
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Tinder and Match Group collaborate with Jonathan Bennett to raise awareness about online financial scams and toxic behaviors. World Romance Scam Prevention Day is launched to educate users about common behaviors of scammers. FBI reports crypto scams as the largest financial scam in the US, totaling over $3 billion. Tinder and Hinge send messages to users to avoid sending money or taking investment advice from strangers. Match Group has launched previous campaigns to protect users from online scams.
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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.

Match Group, Inc

Nasdaq:MTCH

MTCH Rankings

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