Tinder parent Match Group faces activist campaign from Starboard: ‘Lack of innovation'
Match Group(MTCH) New York Post·2024-07-16 15:16
Tinder and Hinge parent Match Group faces an activist investor campaign that wants the dating app giant to either overhaul its business or explore going private. Smith argued that Tinder has suffered from a "lack of innovation" that has hurt its growth despite a base of nearly 10 million paid subscribers. 3 Match Group is the parent company of dating apps like Tinder and Hinge. dpa/picture alliance via Getty Images "If performance fails to improve, we believe changes must be considered, which should include ...