Meet 34year-old Jongqing. She's at a marriage market in Chongqing, China, looking for a match. So, what's a marriage market.Think of it like a real life dating app, except many participants are retirees looking for spouses for their unmarried adult children. Every Friday and Saturday, hundreds gather in this hilltop park with paper resumes that act like dating profiles. They list basics like age, height, job, and requirements for a partner.Some include details that would rarely be seen on US dating profiles ...

Core Viewpoint - Grindr's two largest shareholders have withdrawn their $3.46 billion offer to take the dating app private due to financing concerns, despite previously offering a 51% premium over the stock price [1][2]. Company Developments - The special committee of Grindr ended negotiations, stating they could not obtain satisfactory information about definitive financing [2]. - Shareholders Ray Zage and James Lu, who own over 60% of Grindr, expressed confidence in the company's ongoing strategy and highlighted a projected full-year revenue growth of about 26% [3]. Financial Performance - Grindr's shares have decreased by 29% this year, attributed to challenges in the dating industry, including slowing user growth and rising "swiping fatigue" [3]. - Despite the decline, Grindr's stock has outperformed competitors Match Group and Bumble [3]. Shareholder Actions - Following the withdrawal of the buyout offer, Zage indicated plans to purchase additional Grindr shares and urged the board to consider expanding stock buybacks and dividends [2]. Historical Context - Grindr was acquired in 2020 from Kunlun Tech after U.S. regulators raised national security concerns, and the company went public through a SPAC merger in late 2022 [4].

is Magic Group CEO and board member Spencer Rascoff. Spencer, welcome. Um, I'm looking at this report and I'm thinking AI is having an impact both in how you're matching people and how you're having to protect people.So, give us those of us who aren't in the pool anymore. Give us a sense of how AI is affecting the effectiveness of match and how people are using it. >> It's a game changer, John.Uh, we're using AI throughout our product. So, at the top of the funnel in terms of how users create profiles and p ...