Match Group Inc - Company Profile
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Match Group Inc (Match Group) is a provider of internet-based dating apps. The company creates compatible matches based on traits that are scientifically proven to predict meaningful relationships. It provides customised services to meet the varying preferences of its users. It owns and operates a portfolio of brands such as Match, Tinder, Meetic, Pairs, Plenty of Fish, OkCupid, Azar, Chispa, OurTime, Hinge, and Hakuna. The company provides its dating services in different languages and is accessible through various technologies such as applications and desktop websites. It has business presence across Europe, the Americas, Africa, the Middle East, and Asia-Pacific. Match Group is headquartered in Dallas, Texas, US.
Headquarters
United States of America
Address
Suite 1400, 8750 North Central Expressway, Dallas, Texas, 75231
Website
www.mtch.com
Telephone
1 214 5769352
No of Employees
2,600
Industry
Media
Ticker Symbol & Exchange
MTCH (NASD)
Revenue (2022)
$3.4B
5.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
80%
(2022 vs 2021)
Market Cap*
$8.6B
Net Profit Margin (2022)
XYZ
70.7%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Dating Apps | Online Dating Services | Tinder |
| Match | ||
| Hinge | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company partnered with OpenAI to provide over 1000 ChatGPT Enterprise licenses, serving as the trusted companion for Match Group employees. |
| 2023 | Plans/Strategy | In May, the company announced its plans to leave Russia. |
| 2023 | Contracts/Agreements | In February, the company in partnership with Ipsos for global study on dating trends and behaviors across genders, demographics, geographies and sexual orientations. |
Competitor Comparison
| Key Parameters | Match Group Inc | Spark Networks SE | Cupid Media Pty Ltd | eHarmony Inc | Lavalife Ltd. |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | Australia | United States of America | Canada |
| City | Dallas | Berlin | Southport | Los Angeles | - |
| State/Province | Texas | Baden-Wurttemberg | Queensland | California | - |
| No. of Employees | 2,600 | 271 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas J McInerney | Chairman | Executive Board | 2021 | 58 |
| Bernard Kim | Chief Executive Officer; Director | Executive Board | 2022 | 46 |
| Gary Swidler | Chief Financial Officer; President | Senior Management | 2023 | 52 |
| Philip D Eigenmann | Chief Accounting Officer | Senior Management | 2017 | 51 |
| Will Wu | Chief Technology Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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