Match Group

Match Group to Present at Cowen's Technology, Media & Telecom Conference

Retrieved on: 
Wednesday, May 25, 2022

Key Points: 
  • DALLAS, May 25, 2022 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that Gary Swidler, Chief Operating Officer & Chief Financial Officer, will present at the Cowen 50th Annual Technology, Media & Telecom Conference on Wednesday, June 1 at 9:40 a.m. Eastern Time (ET).
  • A live webcast and replay of the presentation will be available at https://ir.mtch.com/news-and-events/events .
  • Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections.
  • Through our trusted brands, we provide tailored services to meet the varying preferences of our users.

Google Concedes Key Issues on Google Play Policies; Match Group Withdraws Temporary Restraining Order in Response to Concessions.

Retrieved on: 
Friday, May 20, 2022

DALLAS, May 20, 2022 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced it has withdrawn its request for a temporary restraining order against Google, after Google made various concessions that Match Group demanded to benefit consumers. Those include guaranteeing that Match Group apps will still be allowed to offer users choice in payment systems, lessening the undue burden on developers by its previously stated policy, and eliminating Google's complete control over user data. In exchange for withdrawing the temporary restraining order, Google has conceded the following:

Key Points: 
  • Forcing mandatory use of Google Play Billing;
    Removing Match Group apps that offer alternate billing systems from Google Play Store;
    Gaining unfettered access to consumer data and behavior.
  • DALLAS, May 20, 2022 /PRNewswire/ -- Match Group (NASDAQ: MTCH) today announced it has withdrawn its request for a temporary restraining order against Google, after Google made various concessions that Match Group demanded to benefit consumers.
  • In exchange for withdrawing the temporary restraining order, Google has conceded the following:
    Match Group apps will not be rejected or removed from the Google Play Store because they offer alternatives to Google Play Billing.
  • No other app or product in Google Play currently pays Google for transactions that occur outside of Google Play Billing.

(MTCH Alert) Long Term Holders of Match Contact Johnson Fistel for Information Regarding Investigation

Retrieved on: 
Tuesday, May 10, 2022

SAN DIEGO, May 10, 2022 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of Match Group, Inc. (NASDAQ: MTCH) ("Match") against certain of its officers and directors.

Key Points: 
  • SAN DIEGO, May 10, 2022 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating potential claims on behalf of Match Group, Inc. (NASDAQ: MTCH) ("Match") against certain of its officers and directors.
  • Specifically, a class-action lawsuit pending in the Northern District of Texas denied the defendants' motion to dismiss in the pending securities class action against Match.
  • You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing.
  • Johnson Fistel seeks to recover losses incurred due to violations of federal securities laws.

MATCH GROUP FILES LAWSUIT AGAINST GOOGLE OVER UNLAWFUL BILLING MANDATES

Retrieved on: 
Monday, May 9, 2022

DALLAS, May 9, 2022 /PRNewswire/ -- Match Group, Inc. (NASDAQ: MTCH) companies, including those that operate the dating apps Tinder®, Match®, OkCupid®, and several others (collectively, "Match Group"), today sued Google over its strategic manipulation of markets, broken promises, and abuse of power in requiring Match Group to use Google's billing system to remain in the Google Play Store. Google's requirement will eliminate user choice on Match Group apps and increase costs to consumers by allowing Google to charge Match Group an arbitrary and discriminatory tax of 15% on all subscriptions and up to 30% on all other in-app purchases, amounting to hundreds of millions of dollars in inflated "fees," while monetizing the personal data of billions of digital app users. Google has monopolized the Google Play Store and is now abusing its power.

Key Points: 
  • Google Play Billing inhibits Match Group's ability to provide its users with the best experience possible.
  • Google, in trying to attract the top apps to Google Play, had previously assured Match Group that if it enabled in-app purchases in its dating apps on Android, Match Group could use its own payment systems.
  • If Match Group does not comply with the new policy by June 1, Google has threatened to remove Match Group apps from the Google Play Store.
  • By insisting on exclusive use of Google Play Billing, Google seeks to insert itself as a middleman between users and developers, preventing Match Group from directly servicing its customers on many important issues.

Zynga Announces Publishing Leadership Update

Retrieved on: 
Tuesday, May 3, 2022

Zynga Inc. (NASDAQ: ZNGA), a global leader in interactive entertainment, today announced that Bernard Kim, Zyngas President of Publishing, is leaving the Company to become CEO of Match Group.

Key Points: 
  • Zynga Inc. (NASDAQ: ZNGA), a global leader in interactive entertainment, today announced that Bernard Kim, Zyngas President of Publishing, is leaving the Company to become CEO of Match Group.
  • For the last six years, Bernard has been a trusted partner to me and the entire leadership team as we have worked hard to deliver on our mission to connect the world through games, said Frank Gibeau, CEO of Zynga.
  • On behalf of everyone at Zynga, we thank Bernard for his many contributions to Zynga and extend our sincerest congratulations on becoming CEO of Match Group.
  • For more information, visit www.zynga.com or follow Zynga on Twitter , Instagram , Facebook or the Zynga blog .

Match Group Reports First Quarter 2022 Results

Retrieved on: 
Tuesday, May 3, 2022

DALLAS, May 3, 2022 /PRNewswire/ --Match Group (NASDAQ: MTCH) posted its first quarter 2022 shareholder letter on the investor relations section of its website at https://ir.mtch.com .

Key Points: 
  • DALLAS, May 3, 2022 /PRNewswire/ --Match Group (NASDAQ: MTCH) posted its first quarter 2022 shareholder letter on the investor relations section of its website at https://ir.mtch.com .
  • As announced previously, the Company will host a conference call tomorrow, Wednesday, May 4, 2022, at 8:30 a.m. Eastern Time (ET) to discuss the results.
  • Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections.
  • Our global portfolio of brands includes Tinder, Match, Hinge, Meetic, OkCupid, Pairs, PlentyOfFish, OurTime, Azar, Hakuna Live, and more, each built to increase our users' likelihood of connecting with others.

Match Group Board of Directors Names Bernard Kim Chief Executive Officer; Shar Dubey To Remain as Director and Advisor

Retrieved on: 
Tuesday, May 3, 2022

Kim will assume day-to-day responsibilities for the organization and will be joining Match Group's Board of Directors.

Key Points: 
  • Kim will assume day-to-day responsibilities for the organization and will be joining Match Group's Board of Directors.
  • Between 2016 and 2022, Kim helped quadruple Zynga's market cap, leading to its pending $12.7 billion acquisition by Take-Two, which was announced in January 2022.
  • Prior to joining Zynga, Bernard spent nearly 10 years at Electronic Arts Inc. as the company's Senior Vice President of Mobile Publishing.
  • As of May 31, 2022, Bernard Kim will be the Chief Executive Officer of Match Group.

Market for Online Dating and Meeting Strangers More than Doubled During Pandemic

Retrieved on: 
Monday, May 2, 2022

VANCOUVER, BC, May 2, 2022 /PRNewswire/ -- USA News Group – The art of making connections with new friends or even potential romantic partners has shifted drastically over the last decade. This change has accelerated greatly under the "new normal" social sphere after lockdowns and other measures kept people apart. According to a recent State of Mobile 2022 report, the mobile dating market doubled in size between 2018 and 2021. During the pandemic, weary singles and young people have been noticeably ditching the most popular dating apps like Tinder of Match Group, Inc. (NASDAQ:MTCH), Tantan from Hello Group Inc. (NASDAQ:MOMO), and Bumble through Bumble, Inc. (NASDAQ:BMBL), towards rising star platforms such as Bilibili Inc. (NASDAQ:BILI) and Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).

Key Points: 
  • This change has accelerated greatly under the "new normal" social sphere after lockdowns and other measures kept people apart.
  • According to a recent State of Mobile 2022 report , the mobile dating market doubled in size between 2018 and 2021.
  • "We expect these apps to be very synergistic to our current livestreaming and crypto-mining operations," said KL Wong, Founder and Chairman of Hello Pal.
  • "Despite a variety of external challenges, our team was able to methodically execute our strategic priorities and delivered solid results."

Market for Online Dating and Meeting Strangers More than Doubled During Pandemic

Retrieved on: 
Monday, May 2, 2022

VANCOUVER, BC, May 2, 2022 /PRNewswire/ -- USA News Group – The art of making connections with new friends or even potential romantic partners has shifted drastically over the last decade. This change has accelerated greatly under the "new normal" social sphere after lockdowns and other measures kept people apart. According to a recent State of Mobile 2022 report, the mobile dating market doubled in size between 2018 and 2021. During the pandemic, weary singles and young people have been noticeably ditching the most popular dating apps like Tinder of Match Group, Inc. (NASDAQ:MTCH), Tantan from Hello Group Inc. (NASDAQ:MOMO), and Bumble through Bumble, Inc. (NASDAQ:BMBL), towards rising star platforms such as Bilibili Inc. (NASDAQ:BILI) and Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).

Key Points: 
  • This change has accelerated greatly under the "new normal" social sphere after lockdowns and other measures kept people apart.
  • According to a recent State of Mobile 2022 report , the mobile dating market doubled in size between 2018 and 2021.
  • "We expect these apps to be very synergistic to our current livestreaming and crypto-mining operations," said KL Wong, Founder and Chairman of Hello Pal.
  • "Despite a variety of external challenges, our team was able to methodically execute our strategic priorities and delivered solid results."

Match Group Releases Second Annual Impact Report

Retrieved on: 
Monday, May 2, 2022

DALLAS, May 2, 2022 /PRNewswire/ -- Match Group (NASDAQ: MTCH) released its second annual Impact Report, which highlights the Company's social, environmental, and governance performance for 2021 and progress made since its first Impact Report published last year.

Key Points: 
  • DALLAS, May 2, 2022 /PRNewswire/ --Match Group (NASDAQ: MTCH) released its second annual Impact Report , which highlights the Company's social, environmental, and governance performance for 2021 and progress made since its first Impact Report published last year.
  • "Our second Impact Report details those achievements, which we celebrate today, knowing that there is still much to do moving forward."
  • Match Group is committed to releasing an annual Impact Report to help raise the bar across the industry and continue to allow more people to find connections that enhance their lives safely, securely, and inclusively.
  • Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections.