Match Group reports Q2 revenue up 4% YoY to $864M, says the decline in paying users is stabilizing, and plans to 6% of its staff; MTCH jumps 7%+
» Total Revenue grew 4% over the prior year quarter to $864 million. Reuters : Tinder parent Match to cut 6% jobs as activist investors seek changes Yahoo Finance : Match Group, Inc. Overview Internet...
A look at dating apps' rising subscription prices, as competition intensifies and spending growth slows; data.ai: consumers spent $5B+ on dating apps in 2023
Financial Times :
Match Group misses on Q2 revenue up 12% YoY to $795M, vs. $804M est., and paying users up 10% YoY to 16.4M, vs 16.5M est.; stock down 22% on stymied growth
The second quarter of 2022 was an exciting one for Match Group. Eric J. Savitz / Barron's Online : Match Stock Crumbles. Earnings and Outlook Fell Short. TechCircle : Tinder CEO Renate Nyborg steps do...
Bumble closes up 63.5% on its first day of trading, giving it a valuation of about $13B, after raising $2.15B in its IPO
after ending some awkward relationships Aaron Pressman / Fortune : Bumble IPO makes CEO Whitney Wolfe Herd a billionaire The Economic Times : ETtech Evening Briefing on Feb 12, 2021: Meesho to join un...
Americans spent $170 on average on streaming TV services in 2019, a 30% increase since 2017, when they spent $130
Brian X. Chen / New York Times : Tweets: @abnormalreturns , @karlbode , and @michellemanafy Tweets: Tadas Viskanta / @abnormalreturns : Some additional info on doing a ‘subscription audit’: https://w...
Taiwan-based M17 Entertainment, maker of livestreaming and dating apps, delays NYSE debut after pricing its IPO and raising $60M, less than originally expected
Mars Woo / DealStreetAsia :
Sensor Tower: US iPhone users spent an average of $58 each on in-app purchases in 2017, up 23% YoY; entertainment apps spending up 57%, lifestyle apps up 110%
Games, dating apps and streaming services contributed to a rise in consumer spending in iPhone apps last year …
Dating apps and sites growing but profits remain elusive
The Dating Business: Love on the Rocks — Tinder's success helps fuel explosion of dating apps and sites, as it gets harder to turn a profit in the matchmaking game — Like bunnies, dating apps have...