Match Group

  • Match Group tried to acquire Bumble for $450 million

    Match Group tried to acquire Bumble for $450 million

    Match Group, the parent company of a variety of dating apps, offered to acquire Bumble for $450 million over the summer, according to sources close to the deal. A source close to the company suggests that Bumble is valued at over $1 billion. The sources independently confirm reporting from Forbes about the deal earlier this summer. Bumble reportedly has 18 million registered users, and has… Read More

  • Dating apps are embracing video

    Dating apps are embracing video

    Dating apps are, in their own way, a form of social networking – especially as they expand into new areas like friend-finding or professional networking. So it only makes sense that they would adopt video as well, given the growing popularity of the format on social apps like Facebook, Instagram and Snapchat, as well as the industry’s larger embrace of “Stories” as a… Read More

  • OK Cupid revamps to be less like Tinder, more political

    OK Cupid revamps to be less like Tinder, more political

    Just in time for Valentine’s Day (ugh, sorry), dating app OK Cupid is getting a makeover. Psych!  Just kidding, the company is introducing a new version of its mobile app today, but OK Cupid’s full redesign won’t actually roll out until March. Though the timing of the announcement is clearly manufactured, the overhaul itself is fairly significant. In addition to getting… Read More

  • Casual dating app Down acquired by Paktor

    Casual dating app Down acquired by Paktor

    Remember “Bang With Friends?” The controversial app, which later rebranded as Down, was acquired by Singapore-based dating startup Paktor (they’re, um… hooking up). The terms of the deal were not disclosed, but we’re told it was several million. After raising just $1 million, it was a “positive outcome” for investors like Tim Draper. Paktor has pulled… Read More

  • Tinder Boost lets you pay your way to the front of the line

    Tinder Boost lets you pay your way to the front of the line

    Tinder is introducing a new premium feature called Tinder Boost. The feature will let users pay to have their profiles displayed first to other users on the app in the same locale for 30 minutes. According to the announcement, it’s all about saving users’ time and making sure that the Tinder experience is maximized during the time that they’re actually using the app. From… Read More

  • Tinder invests in Vina as it inches toward friend-finding

    Tinder invests in Vina as it inches toward friend-finding

    Tinder, the dating app to rule them all, has today announced that it participated as an investor in Vina’s latest funding round. Vina, a social network where girls can meet and nurture new friendships, recently raised a $1.4 million seed round from Greylock, NEA and Wildcat Venture Partners. Tinder, as it happens, also participated in the round, investing a “meaningful… Read More

  • Tinder subscriber growth disappoints Match investors

    Tinder subscriber growth disappoints Match investors

    Match Group reported second quarter earnings after the bell on Tuesday. At first shares rose about in initial after-hours trading, but then they were down 5% as investors were disappointed by subscriber growth and guidance for the year. The owner of dating sites including Tinder, OkCupid and Match.com reported $301 million in revenue, above analyst expectations of $297 million. Adjusted… Read More

  • What’s next for Twilio and its unicorn brethren?

    What’s next for Twilio and its unicorn brethren?

    Brexit. Trump. The Federal Reserve. The world threw nearly everything at Twilio for its untimely IPO. Despite market volatility, the company continues to impress. The week the world met Twilio can only be defined as positive. Unfortunately, the greatest challenges for the company lie ahead. Short Term Herd behavior fuels IPOs. Casual investors often jump in immediately because of the… Read More

  • Tinder Owner Match Group Reports First Earnings Since Separating From IAC

    Tinder Owner Match Group Reports First Earnings Since Separating From IAC

    Match Group reported its first quarterly earnings since separating from IAC last fall. The company, whose properties include dating sites Match.com, Tinder and OkCupid, saw its revenue rise 12% to $268 million, yet fell short of analyst expectations of $277 million. Shares fell about 3% in after-hours trading. The company posted adjusted fourth quarter earnings of 24 cents per share… Read More