Match group inc epigraphy online dating

Match group inc epigraphy online dating

Match group inc epigraphy online dating · Headquartered in Dallas, Texas, Match Group is comprised of multiple online dating platforms- OkCupid, PlentyOfFish, Tinder, blogger.com, Meetic, and has recently announced a 51% stake in Hinge  · Match Group (NASDAQ:MTCH) recently announced the $ billion acquisition of Hyperconnect -- its largest acquisition ever. Hyperconnect isn't an online dating company, which may make investors  · Match has attempted to roll out video offerings on its online-dating properties to respond to new needs during the pandemic, and executives said in a letter to shareholders Tuesday that the effort Estimated Reading Time: 3 mins

Pandemic has boosted online dating, sending Match Group stock surging - MarketWatch

Hyperconnect isn't an online dating company, which may make investors wonder what Match Group hopes to gain from this deal. In this video from Motley Fool Live, recorded on Feb. Nick Sciple: "Hey, is Facebook an innovator? There's an argument to be made that this online dating is this next wave of social media becoming more intricate, online becoming more impactful, and how people meet and being the core driver of how people meet others.

They have Hyperconnect as two apps, as Luis mentioned, in this live streaming feel. But the interesting one for me is Azar. Azar offers live video and audio chat, and can instantly translate voice and text for users that speak different languages. It's the ninth-highest grossing non-gaming app on Google Play, the highest-grossing one-on-one live video and audio chat app globally, so really a significant player in this market.

To begin with, as [inaudible] mentioned earlier, they've had some success with their Plenty Of Fish product, with live streaming. It looks like they're maybe looking to push into that a little bit more. A really interesting quote is, match group inc epigraphy online dating, Match Group CEO Shar Dubey sent a note to employees that she expects the market for helping people connect what she called "social discovery," that's this market that Hyperconnect plays in.

She expects that market to be twice the size of dating and then she says, "The augmented reality technology that Hyperconnect is developing in connection with that will fundamentally change the way humans connect online. What are your thoughts on her quote, that this social discovery one-to-one video chat is going to be twice as big as dating in the future?

Luis, I'll let you go first. Luis Sanchez: Sure. I mean, it sounds a lot like match group inc epigraphy online dating networking. Look how big of a business Facebook is. Look how big of a business Twitter is. Look at how fast the company like TikTok is that has merged, video entertainment with social networking. When I saw this acquisition, it got me really excited for a few different reasons.

You could tell that the tech is really good and they talk about their AI algorithm, they talk about their video infrastructure. They also talk about these AR filters and it reminds me a lot of Snapchat.

It seems like there's a lot of things there that they could probably transfer over to make the core Tinder or OkCupid apps better. But what also gets me excited is Match finally getting into Asia, and after this deal, they're going to have a fourth of their revenue coming from Asia, which has been a market that they haven't really been able to tap as well. I think that there is an interesting way that they match group inc epigraphy online dating probably grow more into social networking, but there's a lot more to it than that, in my opinion.

Meilin Quinn: I pretty much agree with what Luis said. I'll just add that the Azar app is part of its Hyperconnect acquisition. It's the app that translates voice and text where users speak different languages, that especially seems very compelling to me as the world becomes more globalized. I'm really excited to see how that evolves. Sciple: Yeah, Match historically has had some really significant success in integrating acquisitions.

It's exciting to see where things go from there, match group inc epigraphy online dating. Discounted offers are only available to new members. Investing Best Accounts.

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Credit Cards. About Us. Who Is the Motley Fool? Fool Podcasts. New Ventures. Search Search:. Luis Sanchez CFA TMFTomahawk. Mar 29, at PM. Author Bio Luis Sanchez CFA has been a contributor to match group inc epigraphy online dating Motley Fool since His investing interests include tech, consumer, and event-driven situations. Luis is the Founder and Managing Partner of LVS Advisory LLC, a registered investment advisor based in New York City that manages investment portfolios for clients.

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Match group inc epigraphy online dating · Headquartered in Dallas, Texas, Match Group is comprised of multiple online dating platforms- OkCupid, PlentyOfFish, Tinder, blogger.com, Meetic, and has recently announced a 51% stake in Hinge  · Match Group (NASDAQ:MTCH) recently announced the $ billion acquisition of Hyperconnect -- its largest acquisition ever. Hyperconnect isn't an online dating company, which may make investors Match Group Dating-Apps Spinoff From IAC Complete - TheStreet