IAC - Apr 29 - The Match Group Q1 revenue increased 13% YOY to $239.2M. Dating revenue increased 2% YOY to $201M. The number of paid subscribers in the dating sector increased 16% YOY from 3.6M to ~4.7M globally. Greg Blatt, Chairman of the Match Group, did not disclose Tinder’s paid subscribers and MAU on the IAC earning call but says Tinder's MAU growth continues to be solid. The Match Group operating income decreased 36% YOY ($25.9M) driven by increased marketing spend.
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