Match Group: An American internet and technology company

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Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.

The company I'm going to introduce this time is $Match(MTCH)$.

It went public on 1th Jul 2020.

[Company Profile]

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas.

The company was owned by parent company IAC and in 2019, the company had 9.283 million subscribers, of which 4.554 million were in North America. Japan is the company's second largest market, after the United States.[4] In July 2020, Match Group became a separate, public company.

[History & Events]

2009: IAC incorporated Match Group as a conglomerate of Match.com and other dating sites it owned.

2010: Match.com acquired dating site Singlesnet.

2011: Match Group acquired OkCupid for $50 million. OkCupid was the first free, advertising-based product added to the Match Group portfolio.

2015: Match Group became a public company via an initial public offering.

2017: Match Group launched Tinder Gold, which established Tinder as the highest grossing non-gaming app globally.

2018: Match Group acquired 51% ownership in dating app Hinge.

2019: Match Group fully bought out the company.

2020: Match Group announced an investment and partnership with safety platform Noonlight.

2021: Match Group took legal action against dating app Muzmatch, the online Muslim dating app, calling the app a "Tinder Clone".

2022: Match Group acquired The League, a members-only dating app, for an undisclosed sum.

[Main Business Segments]

[Net Income & Total Revenue]

[Competitors]

$Bumble Inc.(BMBL)$

Paktor

Martimony.com

Kippo

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