Tinder owner makes harsh decision as consumers switch gears
Tinder and other popular dating apps are suffering from a major problem.
Match Group (MTCH) , which owns popular dating apps such as Hinge, Tinder, OkCupid, and Match.com, is noticing that young consumers are falling out of love with its apps.
In Match Group’s first-quarter earnings report for 2025, it revealed that the number of its paying users dipped by 5% year-over-year during the quarter. Also, the company’s operating income, its profit after expenses, shrank by 7%.
