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Match Group:Quarterly Results/2025 Q2: Difference between revisions
→Q2 2025 earnings call summary
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* Rascoff said they are on tract to test the first version of see who like you tap this fall, helping users connect with people who are more likely to be interested in them. | * Rascoff said they are on tract to test the first version of see who like you tap this fall, helping users connect with people who are more likely to be interested in them. | ||
* They are preparing to introduce a new feature called Modes, a new navigation system that lets users toggle between different dating goals in real time. | * They are preparing to introduce a new feature called Modes, a new navigation system that lets users toggle between different dating goals in real time. | ||
* They plan to launch a new UI in Q3, which is cleaner, faster and more modern. | * '''They plan to launch a new UI in Q3, which is cleaner, faster and more modern.''' | ||
* Rascoff said he is focused on metrics that are connected with user outcomes such as match rate, contact exchange, and inferred IRL meet-ups. He said '''all these metrics are trending up.''' | |||
===== '''Hinge products''' ===== | ===== '''Hinge products''' ===== | ||
* AI-Powered recommendation algorithm launched in March is driving 15% increase in matches and contact exchanges. | |||
* They rolled Prompt Feedback, an AI feature that gives users real-time suggestions during onboarding. Rascoff said this reduced generic answers by a third and more than doubled high-quality responses. | |||
==== Restructuring ==== | ==== Restructuring ==== | ||
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* Racoff said phase one of restructuring is now complete: learning the company and rebooting the culture. | * Racoff said phase one of restructuring is now complete: learning the company and rebooting the culture. | ||
* Rascoff said they are now in phase two of restructuring where the product offensive begin to show up in user outcomes. | * Rascoff said they are now in phase two of restructuring where the product offensive begin to show up in user outcomes. | ||
* Rascoff said that Hinge's success shows that a highly motivated team can build great products. He said they are using Hinge's success to turn around Tinder. "Hinge is crushing it. Hinge's success should put to rest any doubts about whether the online dating category is out of favor among users. Hinge shows that a great team that is highly motivated can build great products, which attracts huge audiences and create significant revenue and shareholder value. This is the formula we are following in the turnaround at Hinge's sister brand, Tinder, and Hinge's success gives me pride in Hinge, but also confidence in Tinder." | |||
==== Market expansion ==== | |||
* In the first half of the year, Hinge's MAU in European markets was up 60% y/y, as they enter their year of expansion. | |||
* Hinge plans to expand to Mexico and Brazil later this year. | |||
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== Management guidance and analysts expectations == | == Management guidance and analysts expectations == | ||