{"id":2213,"date":"2018-06-20T00:00:00","date_gmt":"2018-06-20T00:00:00","guid":{"rendered":"https:\/\/mtchdevimport.wpenginepowered.com\/single-news\/467\/"},"modified":"2025-03-19T16:10:30","modified_gmt":"2018-06-20T00:00:00","slug":"467","status":"publish","type":"post","link":"https:\/\/mtch.com\/jp\/single-news\/467\/","title":{"rendered":"Match Group Expands Portfolio With Dating App Hinge"},"content":{"rendered":"<div class=\"left\">\n<style type=\"text\/css\">\n<p>\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}<\/p>\n<\/style>\n<p>\n<span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">June 20, 2018<\/span> \/PRNewswire\/ &#8212; Match Group Inc. (NASDAQ: MTCH) announced today that it has acquired a 51% ownership stake in Hinge, the <span class=\"xn-location\">New York City<\/span>-based relationship app. Match Group has <span id=\"spanHghlta1fe\">the<\/span>\u00a0right to acquire all the remaining shares of Hinge within the next 12 months. Additional terms of the transaction were not disclosed.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n<img decoding=\"async\" alt=\"Match Group Logo\" src=\"https:\/\/mma.prnewswire.com\/media\/378794\/Match_Group_Logo.jpg\" title=\"Match Group Logo\"><br \/>\n<\/img><\/p>\n<\/div>\n<p>Match made its initial investment in Hinge in <span class=\"xn-chron\">September 2017<\/span>, following a product redesign that eliminated the &#8216;swipe&#8217; feature and enhanced the focus on real relationships. Since that redesign, Hinge&#8217;s user base has grown by more than 400%, with meaningful traction in key urban, East Coast markets. \u00a0Impressed with the growth trajectory of the product, Match Group has gradually raised its stake since the initial investment by making a series of primary investments in the company on previously agreed terms to fuel product and marketing.<\/p>\n<p>&#8220;Hinge&#8217;s passion for the user experience and their innovative approach to dating has created a product that is highly relevant particularly among urban, educated millennial women looking for relationships,&#8221; said <span class=\"xn-person\">Mandy Ginsberg<\/span>, CEO of Match Group. &#8220;We are excited to welcome Hinge to Match Group and leverage our extensive experience to enable them to become a major player in the relationship space.&#8221;<\/p>\n<p>&#8220;Our mission is to provide a culture of thoughtful dating to millennials who are looking for more meaningful, lasting connections,&#8221; said <span class=\"xn-person\">Justin McLeod<\/span>, CEO of Hinge. &#8220;While our prime focus is on creating the most effective dating service for our members, it&#8217;s now time for us to bring that service to more people in the US and abroad. We&#8217;re thrilled to have Match Group&#8217;s support and scaling expertise as we grow.&#8221;<\/p>\n<p>\n<b>About Match Group<br \/>\n<\/b>Match Group is a leading provider of dating products. We operate a portfolio of brands, including Tinder, Match, PlentyOfFish, OkCupid, OurTime, Meetic, and Pairs, each designed to increase our users&#8217; likelihood of finding a meaningful connection. Through our portfolio of trusted brands, we provide tailored products to meet the varying preferences of our users. We currently offer our dating products in 42 languages across more than 190 countries.<\/p>\n<p>\n<b>About Hinge<br \/>\n<\/b>Hinge is the dating app for meaningful, lasting connections among millennials. Hinge, headquartered in <span class=\"xn-location\">New York City<\/span>, is now the #1 mobile-first dating app mentioned in the NY Times Wedding section. It is available in the US, UK, <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">Australia<\/span> and <span class=\"xn-location\">India<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p id=\"PURL\">\n<img loading=\"lazy\" decoding=\"async\" alt=\"Cision\" height=\"12\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY33893&amp;sd=2018-06-20\" title=\"Cision ID\" width=\"12\"> View original content with multimedia:<a href=\"http:\/\/www.prnewswire.com\/news-releases\/match-group-expands-portfolio-with-dating-app-hinge-300669729.html\" id=\"PRNURL\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/www.prnewswire.com\/news-releases\/match-group-expands-portfolio-with-dating-app-hinge-300669729.html<\/a><br \/>\n<\/img><\/p>\n<p>SOURCE  Match Group<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DALLAS, June 20, 2018 \/PRNewswire\/ &#8212; Match Group Inc. (NASDAQ: MTCH) announced today that it has acquire [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":1661,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-single-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/posts\/2213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/comments?post=2213"}],"version-history":[{"count":0,"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/posts\/2213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/media\/1661"}],"wp:attachment":[{"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/media?parent=2213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/categories?post=2213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mtch.com\/jp\/wp-json\/wp\/v2\/tags?post=2213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}