Wednesday, July 27, 2016
Match Group's (MTCH) CEO on Q2 2016 Results - Earnings Call Transcript (via Seeking Alpha)
"The Match team is working on artificial intelligence and its matching algorithms."???
Synapse: the Match algorithm?
It is really funny how those "important persons / math geniuses" from big Online Dating Sites can waste precious time with Behavioural Recommender Systems, improving them, "refining" those Behavioural Matching Algorithms, which are all rubbish.
Match Japan? It is 3 years from its NEW redesign !!!
Be alerted USA FTC goes for Match Group, perhaps no more automatic rebilling clause soon! The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
Please see also:
Match Group Inc (MTCH) Stock Is a Horrible Hook-Up
"There are other big problems with MTCH stock. It is loaded with debt — almost USD1.2 billion of it. It is trying to refinance some of that debt with a USD400 million bond offering, but the rate is effectively in junk territory — 6.375%. It has USD1.3 billion of goodwill on its balance sheet from all of its acquisitions, almost a third of its market cap."