IAC

Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023

Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go publ

Felicis, Lux Capital and Upfront Ventures tackle TAM at Disrupt

Perception is everything — especially when it comes to the value of software startups and total addressable markets (TAM). During 2020 and 2021, as COVID bit into the economy, tech products turned o

Match names Zynga President Bernard Kim as CEO, replacing Shar Dubey

Dating app giant Match is getting a new CEO. Just over two years after assuming the top exec position, Match CEO and 16-year employee Shar Dubey is stepping down. The company announced today, alongsid

Tinder is developing a feature called ‘Swipe Party’ that invites friends to join your swiping sessions

Tinder confirmed it’s exploring a new feature called Swipe Party which offers a way to make sorting through possible matches a more social experience. According to details spotted in the Tinder

Match settles lawsuit with Tinder co-founders for $441 million

Dating app giant Match has settled its lawsuit with a group of Tinder founders and executives for $441 million. The suit, filed in 2018, had alleged that IAC and its then-subsidiary Match Group had m

Vimeo snaps up AI video startup Wibbitz and ‘shoppable’ video tech maker Wirewax to expand its enterprise video tools

Vimeo, the B2B video platform that spun out from IAC earlier this year, has made a pair of acquisitions aimed at building out the suite of features and tools it offers to businesses to create and run

Block Renovation gears up for national expansion following $50M round

As people’s expectations for consumer experiences are higher than before, Block Renovation “productizes” home renovation by packaging everything together for both the homeowner and contractor.

Match Group details plans for a dating ‘metaverse,’ Tinder’s virtual goods-based economy

Tinder has already undergone a big revamp with its recent launch of “Explore,” a new section inside the app that will enable more interactive experiences, including the second “Swipe

Tinder adds a new home for interactive, social features with launch of Tinder Explore

Tinder is redesigning its app to put a larger emphasis on its social, interactive features with the launch of “Explore,” a new section that will feature events, like the return of the popu

Tinder’s interactive ‘Swipe Night’ stories return after a 20 million user turnout

Over the last year, Tinder has experimented with creative ways for people to connect beyond just swiping right. Pandemic or not, it’s hard to make the first move — so why not break the ice

YELA secures $2M to reproduce Cameo’s celebrity success with an app for the Middle East

The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia. Tech startup YELA has secured $2 mill

What Vimeo’s growth, profits and value tell us about the online video market

Despite the company's putative performance not being very good thus far today, I can't really find much bad about the company's valuation and implied multiples.

White House teams up with dating apps to give vaccinated users free perks

With vaccination rates slowing in the U.S., the White House is getting creative about getting shots in arms. Beyond protecting yourself and others from a deadly disease, the latest incentive to get va

IAC’s NurseFly rebrands to Vivian Health as it expands its healthcare jobs marketplace

NurseFly, the healthcare jobs marketplace owned by IAC, has rebranded to Vivian Health as it expands its range of services. Originally launched for traveling nurses (or nurses willing to travel for sh

Bumble’s first date with the public markets

The public markets have been so active lately that it’s hard to drum up excitement for yet another company making its way to the bull market. But, in the case of Bumble, a dating app where women mes

IAC’s Teltech acquired encrypted mobile messaging app Confide

IAC has acquired Confide, the encrypted mobile messaging that once made headlines for its use by White House staffers during the Trump administration. The deal, which closed on Dec. 1, 2020 but was no

‘Slow dating’ app Once is acquired by Dating Group for $18M as it seeks to expand its portfolio

Five-year-old “slow dating” app Once has been acquired by the Dating Group, one of the largest companies in the dating world, for $18 million in cash and stock. Dating Group has 73 million

IAC plans to spin off Vimeo as an independent company

IAC announced today that it plans to turn Vimeo into an independent, publicly traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had &#8

F3, a Stories-style Q&A app for Gen Z teens, raises $3.9M

F3, an anonymous Q&A app targeting Gen Z teens which blends a Tinder-style swipe-to-friend gamification mechanic, Stories-esque rich media responses and eye-wateringly expensive subscriptions to u

Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off

Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the compan
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