Category: Match Group
Analysts At BTIG Upgraded Match Group Stock From Sell To Neutral
by Martin Blanc
The full article was originally published at BIDNESSETC, but is no longer available.
Analysts Say Tinder Is ‘A Real Business’
BUSINESS INSIDER – Feb 5 – Match Group released its first ever earnings report on Tuesday and banks are feeling confident about Tinder's ability to make money. Deutsche Bank said that "Tinder is a real business." The stock market, however, wasn't so bullish on Match Group. The shares were down 16% on Thursday, which followed a 13% drop the day before. On its earning call, Match Group said that ~60% of Tinder users come from outside North America but did not disclose how many people pay for Tinder.
Match Group: Looking Beyond The Dating Business
SEEKING ALPHA – Feb 4 – Match Group has two big online education platforms (The Princeton Review and Tutor.com) that will play an important role in company's future success. In its latest earnings report, the company said that 2016 will be a year when its e-learning platforms will take off. According to IBIS Capital, e-learning is one of the fastest-growing sectors in the world. It's expected to grow 23% from 2012 to 2017. Match.com revenues from the educational platforms were $26.1M.
Match Group Q4 And 2015 Results
Founder Of Lavalife Interviews Founder Of POF
BETAKIT – Jan 30 – Bruce Croxon, founder of Lavalife, sat down with Markus Frind, founder of POF, for an interview. While Lavalife had 400 employees and a paid service, Frind worked on the site alone and made it the largest dating site in the world. Frind said he wasn't too focused on beating Lavalife, and instead turned toward the US market. Lavalife was sold in 2010 for ~CAD$ 200M. POF was sold to The Match Group for ~CAD$ 800M ($575M).
Privacy Issues Could Kill Match Group
INVESTORPLACE – Jan 27 – The real value in many online businesses is consumer data. However, that data carries the risk of being hacked. IAC spun off Match.com and lumped in The Princeton Review as well as Tutor.com. Lumping them together makes no sense unless there is a cross-promotion or data sharing between them. Jennifer Kohn, SVP of Communications at The Princeton Review said that its data is stored and managed completely independently of any other Match company. There are no US laws regarding data sharing but government crackdown on privacy and data sharing is coming. It could gut Match.com and its ability to cross-promote and share data.
Barry Diller Examines IAC’s Portfolio
BLOOMBERG – Jan 28 – Barry Diller, founder, chairman and senior executive at IAC, explains the evolution of and various reorganizations of the company and breaks down the state of each division.
The full article was originally published at Bloomberg, but is no longer available.
Match Parent Company Announces New Corporate Structure And Ticker
FOREXTV – Jan 21 – IAC will begin trading under: IAC. The five segments will include Match Group Inc., HomeAdvisor, video, publishing, and apps. Shares of IAC were inactive in premarket trade, but they have fallen 25% over the last three months, versus an 8% decline for the S&P 500. Match's shares have fallen 19% since their IPO.
The full article was originally published at ForexTV, but is no longer available.
Match Group Owns Tutor.com And The Princeton Review
MOTLEY FOOL – Jan 19 – In the first six months of 2014, Match's education business generated just $9M (~2% total revenue). But in the first six months of 2015, that figure surged to nearly $51M, (~10.5% total revenue). That gain was driven by the acquisition of The Princeton Review in the second half of 2014. In its S-1 filing, Match explains that it acquired The Princeton Review because "it relies on many of the same competencies as our dating business, such as paid customer acquisition, a combination of free and paid features, deep understanding of the lifetime values of customers, and strong expertise in user interface development."