Tuesday, May 2, 2017

SA article: Match Group And Investing In Tinder


Please see:
NEW and FRESH Online Dating Market 2017 (via Statista)

Badoo is in war with Zoosk and Badoo backed Bumble to fight and destroy Tinder.
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?

Astronomical compensations to their C-level executives but not going to innovate and revolutionize the Online Dating Industry in the next years.
Also Match Group, Inc. (MTCH) is solely controlled by IAC.
and has big debt, nearly USD 1.2 Billion!

Also be alerted several complaints about Match dot com suggest ... database is full of old & inactive profiles, scammers, fake profiles, etc!
Perhaps Only way to sustain that huge revenue is creating fake profiles from inside to entice customers to subscribe. ??? 

Please also see:
A man who paid premiums to access A-list dating prospects, only to find out most were dead ends, is suing the company behind OKCupid, accusing the company of setting him and other users up to get stiffed.
Match Group responded and said the bad profiles were the result of a software bug.
LAWSUIT Chad Perkins et al. v. Match Group Inc. et al., case number 1:17-cv-2988


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