Match.com-owned dating app Tinder is rolling out advanced ID verification options across the US, UK, Brazil and Mexico to give users better tools to confirm the authenticity of profiles. The enhanced process requires a video selfie and a valid driver’s licence or passport, and will check to see whether the face in the video selfie matches both the photo on the ID as well as the person’s profile photos. It will also check the date of birth on the ID. Profiles that use the verification options will be given b ...

Litigation was in the air this Valentine’s Day when online dating conglomerate Match.com, the parent organisation of Tinder and Hinge, found itself accused of encouraging addictive behaviour in a class action filed in Northern California. “Over the past decade, MatchGroup’s application-based dating platforms have altered social reality,” Oksayan et al remarked in the filing. “A millennium of traditional courtship has been replaced by technology. Striking up an in-person conversation with a stranger cannot c ...

Stuck in a dating app loop with no date in sight? A lawsuit filed Wednesday against Match Group claims that is by design. Tinder, Hinge and other Match dating apps are filled with addictive features that encourage “compulsive” use, the proposed class-action lawsuit claims. The lawsuit filed in federal court in the Northern District of California... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Alrea ...

Before the surge in popularity of Microsoft-backed OpenAI’s ChatGPT, the tech industry was abuzz with discussions about a different groundbreaking concept: the metaverse. Investors rushed to gain exposure to the “next big thing.” However, be cautious because many of these doomed metaverse stocks and companies behind them find themselves in trouble a few years later. Some analysts saw metaverse as a potential new phase in the evolution of the internet, and often described as the next significant revolution i ...

On Safer Internet Day, Match Group Platforms Will Send A Coordinated Reminder To Users With Unverified Profiles, Encouraging Them To Photo Verify Their Profiles.DALLAS, Feb. 6, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH), the parent company of Tinder, Hinge, Match, and Plenty of Fish, announced the platforms will send users coordinated reminders to Photo Verify their profiles this Safer Internet Day. Beginning today, February 6, users across Tinder, Hinge, Match, OkCupid, Plenty of Fish, Meetic, BLK, Ch ...

Match Group (MTCH) reported fourth-quarter 2023 earnings of 81 cents per share, which jumped from 30 cents per share reported in the year-ago quarter. The bottom line beat the Zacks Consensus Estimate by 65.3%.Revenues of $866.23 million increased 10% year over year and beat the Zacks Consensus Estimate by 0.6%.Direct revenues were $850.76 million, up 10% year over year, whereas indirect revenues were $15.47 million, which increased 3% from the year-ago quarter.Top-line growth was driven by strength in Tind ...

Match Group (MTCH) reported $866.23 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.2%. EPS of $0.81 for the same period compares to $0.30 a year ago.The reported revenue represents a surprise of +0.58% over the Zacks Consensus Estimate of $861.25 million. With the consensus EPS estimate being $0.49, the EPS surprise was +65.31%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Match Group (MTCH) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 65.31%. A quarter ago, it was expected that this media and internet company would post earnings of $0.53 per share when it actually produced earnings of $0.57, delivering a surprise of 7.55%.Over the last four quarters ...

DALLAS, Jan. 30, 2024 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its fourth quarter 2023 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, January 31, 2024, at 8:30 a.m. Eastern Time (ET) to discuss the results. The live webcast and replay will be open to the public at https://ir.mtch.com. About Match Group Match Group (NASDAQ: MTCH), through its portfolio companies, is a le ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...