Tinder had stolen paid members from Match, cannibalizing it!
http://ir.mtch.com/news-releases/news-release-details/match-group-reports-second-quarter-2017-results
http://ir.mtch.com/static-files/d8daca69-e5e9-41d3-af30-a6b2f05e3088
http://ir.mtch.com/static-files/d6553fed-c0ad-4c7a-88c9-5053da5a5689
Revenue Q2 2017 was USD 310 Million
Revenue Q1 2017 was USD 299 Million
Revenue Q4 2016 was USD 295 Million
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.
Match Group Names Mandy Ginsberg to Succeed Greg Blatt as CEO next January 2018.
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/08/match-group-names-mandy-ginsberg-to.html
about SA article: Match: Dating In The Digital Age
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/08/about-sa-article-match-dating-in.html
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