Match Group Files For IPO


NasdaqWSJ – Oct 16 – Match Group, owner of Tinder, OkCupid and has filed to go public on Friday. Their shares would be listed on Nasdaq under the symbol MTCH. The preliminary filing indicated Match would raise up to $100 million. Match Group’s parent company IAC will retain over 50% of voting rights after the IPO.

The company logged $888.3 million in revenue in 2014, up about 11% from the previous year, according to its filing with the Securities and Exchange Commission. Match’s net income for 2014 was $148.4 million, up 18% year over year. All Match’s dating properties have more than 59M MAU and approximately 4.7M paid members.

by Georgia Wells & Maria Armental
See full article at WSJ

See all posts on Match

This post also appears on InternetDatingInvestments.

Summarized by Courtland Brooks Internet Dating Marketing Consulting

View full post on Online Personals Watch: News on the Dating Industry and Business


Leave a Reply