WALL STREET JOURNAL - Investors have fallen out of love with tech subscription businesses lately, facing the reality that there is no such thing as infinite growth. Dating has been no exception: Match and Bumble shares were down an average of ~59% over the last year as of Wednesday's close. Over that period, S&P 500 has lost under 5%. Dating companies are looking to international expansion to tap into markets where their apps are historically underpenetrated, but where they think opportunity is especially ripe. Bumble has made a big push in India, while Match has had a lot of success with its Pairs app in Japan.
by Laura Forman
See full article at Wall Street Journal
See the top news on Match Group
See the top news on Bumble
See the top news on Pairs