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.
Match Group (NASDAQ: MTCH) will host a conference call on February 1, 2023, at 8:30 a.m. ET to discuss its Q4 2022 financial results. The results will be published after market close on January 31, 2023, along with investor materials that may include forward-looking information. The live webcast will be accessible to the public through their investor relations website.
Match Group (MTCH) announced a global campaign on January 10, 2023, to protect users of its dating platforms - Tinder, Hinge, Match, Plenty of Fish, Meetic, and OurTime - from online scams. This initiative will educate users with in-app messages on identifying and preventing fraud, developed in collaboration with law enforcement and financial experts. With reported romance scams causing over $300 million in losses annually in the U.S., this campaign seeks to enhance user safety through tips and new product features, including selfie verification and video chat options.
Match Group (NASDAQ: MTCH) will have Gary Swidler, COO & CFO, participate in a fireside chat at the Barclays Global Technology, Media and Telecommunications Conference on December 8th at 8:40 a.m. PT / 11:40 a.m. ET. A live webcast and replay will be accessible at Match Group Events. The company specializes in digital technologies that foster meaningful connections through brands like Tinder, Match, and Hinge, available in over 40 languages.
Match Group (NASDAQ: MTCH) announced that Gary Swidler, Chief Operating Officer & Chief Financial Officer, will participate in a fireside chat at the Wells Fargo TMT Summit on November 30 at 8:40 a.m. PT. The event will be available via live webcast, with a replay accessible after the event. Match Group operates popular dating services including Tinder®, Match®, and Hinge®, aimed at fostering meaningful connections among users across global markets.
Match Group (NASDAQ: MTCH) released its third-quarter 2022 shareholder letter on November 1, 2022. The Company will hold a conference call on November 2, 2022, at 8:30 a.m. ET to discuss these results. Match Group's extensive portfolio includes popular brands such as Tinder, Match, and Hinge, aimed at fostering meaningful connections across a global user base. Services are accessible in over 40 languages.
Plenty of Fish has launched Cue'd Up, an innovative in-app card game aimed at enhancing user engagement among singles. This game addresses the common challenge of initiating conversations, with 63% of singles finding it difficult to break the ice. Players engage in a series of fun and humorous prompts, fostering a laid-back environment for potential matches. Initial testing shows promising results: 40% of players connected with a match. The game is part of Plenty of Fish's new branding strategy focused on a more friendly and low-pressure dating experience.
Plenty of Fish has launched a new campaign titled 'The Gallery of Dick Pics' to promote a respectful dating community. This initiative aims to educate users on appropriate photo sharing, specifically targeting the issue of unsolicited nudes in online dating. The campaign features a virtual gallery showcasing men named Dick to replace inappropriate images and reinforce that unsolicited nudes are unacceptable. Accompanying this campaign is a rebrand of Plenty of Fish, introducing a fresh logo and app design alongside new features. This move aims to enhance user experience and align with evolving dating trends.
Match Group (NASDAQ: MTCH) will host a webcast on November 2, 2022, at 8:30 a.m. ET to discuss its Q3 2022 financial results. Results will be available after market close on November 1, 2022, with supplemental materials potentially including forward-looking information. The webcast will be accessible to the public via Match Group's investor relations website. Match Group provides various dating services, including Tinder, Match, and Hinge, available in over 40 languages.
Match Group's Plenty of Fish has unveiled its sixth annual dating trends for 2023, revealing a focus on 'Main Character Energy' (MCE), which encourages singles to prioritize their own needs. Key trends include 'Eco-Dumping', rejecting partners based on environmental views, and 'Infla-Dating', opting for budget-friendly dates due to inflation. The survey, which polled over 8,000 singles, highlighted that 49% of participants have actively made changes to focus on themselves and 20% have dated for household amenities. These trends reflect a shift in dating attitudes post-pandemic.
Match Group has appointed Linda Kim as the new Chief Operating Officer of Hyperconnect, effective October 3, 2022. Ms. Kim, previously COO at HAUS LABS, will oversee Hyperconnect's operations, focusing on growth and technological integration across Match Group's brands. The company aims to enhance the international growth of its key products, Azar and Hakuna, integrating audio and video technologies into brands like Meetic and Match. CEO Bernard Kim emphasized Ms. Kim's experience in mobile app development as vital for future growth.
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