Tinder User Base Declines 7 Percent
Match Group reported that its leading app, Tinder, saw a 7% decrease in users last quarter compared to the previous year. The decline was less severe than the 10% drop anticipated by the market. Despite the user loss, revenue for the app rose by 4% due to higher pricing.
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Sources · 7 independent
KNX Los Angeles
“Tinder, had 7% fewer users last quarter than a year earlier, but the market was expecting a 10% drop. And due to higher prices, revenue rose 4%.”
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