Tinder parent company defies tech downturn as more people pay to find love
by Guardian staff and agencies from Technology | The Guardian on (#65C0F)
Match Group beat earning estimates for the third quarter, posting revenues of $810m
Tinder's parent company, Match Group, beat revenue estimates for the last quarter as more users looking for matches took out paid subscriptions on the popular dating app.
Their results were an outlier in what has been a quarter of poor performance for some of the biggest tech companies in the US. Match Group, who own a suite of dating apps including Hinge and OKCupid, saw their shares rise 16% on Tuesday.
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