MATCH GROUP – Aug 6 – Match Group Q2 total Revenue grew 18% YOY to $498M. Average subscribers increased 18% to 9.1M, up from 7.7M from Q2 2018. Tinder average subscribers were 5.2M in Q2 2019, increasing 503K sequentially and 1.5M YOY. Operating income was $173M, up 15% YOY. Match Group has also invested in and brought on the team behind Harmonica, a dating app based in Egypt. Match Group will further develop this app and invest in product and marketing to expand into Asia and MENA (Middle East and North Africa) that are predominantly Muslim.
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