Topline profits down 80% for the dating site as more internet daters opt for mobile-based Tinder and other free apps.
Match, which is part of the Nasdaq-listed US media group IAC, blamed the sales decline on a fall in “average member revenue”.
Online Dating apps go for (the money) persons 40 or over years old
Fresh data about "Match app - Tinder app" war (LATAM Countries)
Match goes for Generation X, 30 - 50 years old users = "named: traditionals".
Tinder Brand On Fire? Gives Fuel To Match Group Stock?
Please notice Tinder is in big war with Badoo, and can not outperform it.
And Badoo also owns Bumble.
Match Group, parent company of Tinder, has a big debt of USD 1.2 Billion.
The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe and many more!
Match Group does not know how to innovate in the Online Dating Industry.