In a challenging market environment, Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is reportedly expecting lower than estimated quarterly revenue. The Dallas-based company has been grappling with weaker discretionary spending by users amid an uncertain economy, Reuters reported Tuesday (May 7). Match Group said Tuesday that its revenue...
In a joint legal filing, Meta Platforms, Microsoft, X and Match Group have called on a federal judge to reject Apple’s plan for allowing outside payment options in its App Store. The companies argue that the proposal contradicts a 2021 ruling that found Apple in violation of California’s unfair competition laws, requiring...
Tinder is seeing its subscriber counts drop, as ongoing financial challenges put pressure on consumers’ budgets for nonessential services. Online dating giant Match Group shared in its fourth quarter 2023 financial results Wednesday (Jan. 31) that, across its banners, the number of paid users declined 5% year...
As dating apps look to monetize more and more parts of the user experience, many young consumers are reportedly growing frustrated. According to Bloomberg, many young consumers are taking to social media apps to voice their annoyance with recent changes to dating giant Match Group’s apps,...
August 29, 2023
In a bid to increase revenue and cater to more intentional daters, dating apps such as Tinder, Bumble, and Grindr are testing the waters with higher-priced subscription tiers, with additional features such as unlimited swipes that can increase users’ chances of finding a match. Match Group, the owner of several dating apps, recently introduced a higher-priced plan to Hinge, […]
April 30, 2025
Technology companies Meta, Spotify, Match Group and Garmin have founded a lobbying group that said it will “combat anti-competitive practices by smartphone platform owners.” The Coalition for a Competitive Mobile Experience (CCME) will advocate for hardware and software interoperability, a level playing field in the app marketplace and age verification at the app store level, […]
May 07, 2024
In a challenging market environment, Match Group, the parent company of dating apps Tinder, Hinge and OkCupid, is reportedly expecting lower than estimated quarterly revenue. The Dallas-based company has been grappling with weaker discretionary spending by users...
March 20, 2024
In a joint legal filing, Meta Platforms, Microsoft, X and Match Group have called on a federal judge to reject Apple’s plan for allowing outside payment options in its App Store. The companies argue that the proposal...
July 12, 2022
Google is suing dating app service Match Group, saying the company has been engaging in bad faith dealings and breach of contract over the legal battle concerning Google Play app...