Wednesday, November 2, 2016
SA article Match Group's (MTCH) CEO on Q3 2016 Results - Earnings Call Transcript
Perhaps investors opened their eyes and they are well aware USA FTC goes for Match Group.
Also the Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.
Law article suggests USA FTC goes for Match Group ?
USA Federal regulators are returning to the online dating world, and this time, they have a bigger industry player in their sights.
Complaints about Match dot com ?
Match Group (MTCH) Reports Q3 2016 Results
about the article "Match Subscribers Unsuccessful In Breaking Up With Dating App"
But Tinder's paying members pay about half of the approximately USD40 a month for Match Group's subscription-based Match
Please notice Tinder is in big war with Badoo, and can not outperform it.
The mission of Tinder was to kill Badoo, but it seems Tinder is killing Match.
It seems there is an internal war between Tinder and Match App.
If Tinder is cannibalizing Match and Match Group now wants to promote more Match App and not much Tinder because Tinder is not monetizing as expected?
Please do not forget when the IAC Personals, now Match Group, bought OKCupid (5+ years ago) for an astronomical amount of money, the OKCupid team had the task to copycat Badoo, but they failed in that mission. IAC Personals backed Tinder instead (via Hatch Labs), as the copycat of Badoo.
But Tinder can not outperform Badoo (10+ years old site).
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!
Please see also:
Where is the Press Release to announce OurTimeBrasil new site from Match Group?