TECH CRUNCH – Aug 5 – Match Group will bring audio and video chat, including group live video, and other livestreaming technologies to several of the company's brands over the next 12 to 24 months. The developments will be powered by Hyperconnect, the social networking company that this year became Match's biggest acquisition to date when it bought the Korean app maker for $1.73B. By year-end, Match Group said it expects to have at least two of its brands integrated with technologies from Hyperconnect. A number of other brands will implement Hyperconnect capabilities by year-end 2022. Match Group said it expects Hyperconnect to contribute to $125 to $135M in revenue.
by Sarah Perez
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