Dating Apps

CEO Whitney Wolfe Herd led Bumble Inc. (NASDAQ: BMBL) priced 50 million shares at $43 per share to raise $2.2 billion in its upsized initial public offering (IPO). Bumble is the parent company of dating apps Badoo and Bumble.  The IPO was upsized twice from the...

Dating app company Bumble has filed to IPO in February, Bloomberg has reported. What Happened: The financial news site, citing people familiar with the matter, reported that the listing could take place around Valentine's Day, though final decision has been made on the timing. Why It Matters:...

Facebook Inc (NASDAQ: FB) said Wednesday that it was expanding its dating service to Europe, already available in 20 countries outside the continent — including the United States. What Happened: The opt-in service lets members find “meaningful relationships” based on common...

One of the biggest factors preventing online dating app Tinder from growing worldwide is the app itself, according to Tinder CEO Elie Seidman. What Happened Tinder — part of the Match Group Inc (NASDAQ: MTCH) portfolio of dating apps — is "the world's largest community to...

Match Group Inc (NASDAQ: MTCH) shares are rallying after the parent company of Tinder posted a second-quarter earnings and sales beat Tuesday.  The Analyst  Jefferies analyst Brent Thill maintained a Buy rating on Match with a $50 price target. The Thesis Even with Facebook, Inc. (...

Investor concerns that Facebook, Inc. (NASDAQ: FB)'s new dating service will negatively impact Match Group Inc (NASDAQ: MTCH)'s longstanding dating platforms could be overblown, according to Jefferies. The Analyst Jefferies' Brent Thill upgraded Match Group from Hold to Buy with...

After surging more than 175 percent over the past year, Match Group Inc (NASDAQ: MTCH)'s stock is now fairly valued with fewer catalysts ahead, according to JPMorgan.  The Analyst JPMorgan's Doug Anmuth downgraded Match Group from Overweight to Neutral with an unchanged $42...

In October 2016, New York Times opinion writer Michael Gonchar asked a question that has a growing resonance with each passing year: “Could technology be making us more alone?” Increasingly, the answer to that question is an enthusiastic “yes!” According to a survey...

Sean Rad, the CEO of IAC/InterActiveCorp (NASDAQ: IAC)'s Tinder property, is stepping down — again. Rad co-founded the popular online dating app four years ago, but IAC pushed him out as CEO in 2015 to be replaced by Christopher Payne, a former executive with stints at eBay Inc (NASDAQ: EBAY...

Shares of Match Group Inc (NASDAQ: MTCH), a provider of dating products that includes the Match, OkCupid, PlentyOfFish and Tinder brands, surged on Tuesday on heavy volume. Match Group's stock opened for trading on Tuesday at $14.07, hit an intra-day high of $16.09 and closed at $15.86. The...

Sorry kids, you're no longer permitted to use Tinder's dating app. Since its creation in 2012, Tinder allowed users as young as 13 to use its app and be matched in the 13 to 17 age range. On Thursday, the company confirmed that the app will now be restricted to users under the age of 18...