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Match Group (MTCH) Stock News, May-Aug 2022

MTCH NASDAQ

Match Group, Inc. reports developments across a global portfolio of online dating and social connection brands, including Tinder, Hinge, Match, Meetic, OkCupid, Pairs, PlentyOfFish, Azar and BLK. Company news commonly covers quarterly results, direct revenue trends, payer and engagement metrics, product launches, international expansion and brand-level initiatives within Tinder, Hinge and other segments.

Updates also include conference appearances, dividend declarations, share repurchases, organizational changes and strategic investments in adjacent connection platforms. Match Group frames many releases around product-led transformation, user growth, operating discipline and capital allocation across its digital dating portfolio.

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Match Group (NASDAQ: MTCH) announced that Gary Swidler, COO & CFO, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 14th at 11:30 a.m. PT (2:30 p.m. ET). This event will be available as a live webcast, with a replay accessible on their investor relations site. Match Group is a leader in digital technologies for meaningful connections, with brands like Tinder, Match, and Hinge, serving users globally in over 40 languages.

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Match Group (NASDAQ: MTCH) announced that Gary Swidler, Chief Operating Officer & Chief Financial Officer, will participate in a fireside chat at the Evercore ISI 2nd Annual Technology Conference on September 7th, 2022, at 12:00 p.m. ET. A live webcast and replay can be accessed through their official site. This event is part of Match Group's ongoing efforts to engage with investors and stakeholders about their digital technologies aimed at fostering meaningful connections.

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Match Group (NASDAQ: MTCH) released its Q2 2022 shareholder letter, available on its investor relations website. The company will hold a conference call on August 3, 2022, at 8:30 a.m. ET to discuss the results. Match Group is a premier provider of digital technologies focused on meaningful connections, operating brands like Tinder, Match, and Hinge across over 40 languages globally.

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Match Group (NASDAQ: MTCH) will host a webcast of its Q2 2022 financial results on August 3, 2022, at 8:30 a.m. ET. The results will be published after market close on August 2, 2022, along with supplemental materials that may include forward-looking information. Investors can access the live webcast and replay on Match Group's investor relations site.

Match Group is a leading provider of digital technologies for meaningful connections, with popular brands like Tinder, Match, and Hinge available in over 40 languages worldwide.

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Match Group (NASDAQ: MTCH) has joined the UN Global Compact, affirming its dedication to sustainable business practices. This commitment involves regular progress updates on the UN's Ten Principles covering human rights, labor, the environment, and anti-corruption. With over 15,000 companies participating, Match Group aims to contribute to the UN's Sustainable Development Goals. The company’s efforts include achieving carbon neutrality in 2021 and enhancements in employee healthcare benefits.

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Plenty of Fish has appointed Christina Kozloff as its new Chief Marketing Officer. Kozloff, a seasoned marketer with experience at Expedia, Microsoft, and Rosetta Stone, is tasked with overseeing brand and performance marketing for the dating platform. She previously grew Rosetta Stone's revenue by over 50% through marketing strategies. Plenty of Fish, a Match Group subsidiary, aims to enhance user engagement globally. Kozloff's appointment signifies a strategic move to evolve the brand and leverage her expertise in driving measurable business results.

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Match Group (NASDAQ: MTCH) announced that Gary Swidler, Chief Operating Officer & Chief Financial Officer, will present at the Cowen 50th Annual Technology, Media & Telecom Conference on June 1 at 9:40 a.m. ET. The event will include a live webcast and a replay available on their investor relations website. Match Group is a leading provider of digital technologies aimed at fostering meaningful connections through brands such as Tinder, Match, OkCupid, and more, serving users in over 40 languages worldwide.

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Match Group (NASDAQ: MTCH) has withdrawn its request for a temporary restraining order against Google after the company made concessions concerning Google Play Billing practices. Key points include:

  • Match Group apps can offer alternative billing systems.
  • Google will approve app updates with alternative billing.
  • Match Group will place up to $40 million in escrow while litigation regarding Google's antitrust practices proceeds.

The trial is set for April 2023, with Match Group expecting Google's actions to be deemed anticompetitive.

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Virta Health has appointed Shane Henderson as Chief Technology Officer to enhance its technology platform, driven by a surge in demand for diabetes reversal solutions. With over 30 years of experience at Signify Health and Match.com, Henderson is expected to lead the advancement of Virta's Continuous Remote Care platform amidst triple-digit growth. The company aims to support the 60% of Americans with metabolic diseases, utilizing advanced telemedicine for personalized patient care and proactive support.

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Match Group, Inc. (NASDAQ: MTCH) has filed a lawsuit against Google, alleging market manipulation and abuse of power. The suit claims Google's requirement for Match Group to use its billing system will inflate costs for users by 15% to 30%, resulting in hundreds of millions in additional fees. Match Group argues this monopoly harms user choice and limits their ability to provide a superior experience. The legal action is a last resort after negotiations failed, with Google threatening to remove Match Group's apps from the Google Play Store by June 1.

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FAQ

What is the current stock price of Match Group (MTCH)?

Match Group (MTCH) last closed at $41.41.

What is the market cap of Match Group (MTCH)?

The market cap of Match Group (MTCH) is approximately $9.5B.