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Match Group:Quarterly Results/2025 Q2: Difference between revisions
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* 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 praised Hinge's execution. He 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." "Hinge is firing on all cylinders. I mean it's got a really impressive and distinctive company culture, very highly engaged employees, shipping innovative products. They've got a terrific brand and a clear product strategy and they understand their users incredibly well and what users want from them. And the last compliment I'll pay is that more than any of our other brands, they've infused AI into the product at an even greater rate than others, and it really shows." | * '''Rascoff praised Hinge's execution. He 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." "Hinge is firing on all cylinders. I mean it's got a really impressive and distinctive company culture, very highly engaged employees, shipping innovative products. They've got a terrific brand and a clear product strategy and they understand their users incredibly well and what users want from them. And the last compliment I'll pay is that more than any of our other brands, they've infused AI into the product at an even greater rate than others, and it really shows." | ||
* Rascoff said '''they have a new CTO''', new head of design and new head of products (Q&A). | * Rascoff said '''they have a new CTO''', '''new head of design and new head of products at Tinder'''(Q&A). | ||
==== Alternative payment systems ==== | ==== Alternative payment systems ==== | ||