
Tinder Owner Match Group Posts Q3 2022 Results, Comfortably Beats Revenue Expectations
Amid a challenging Q3 2022, Match Group realized $810 million over the $793 million expected, but predicts flat Tinder revenue growth for Q4.
Amid a challenging Q3 2022, Match Group realized $810 million over the $793 million expected, but predicts flat Tinder revenue growth for Q4.
The announcement to halt the Tinder foray into the metaverse came after its parent company acquired global social platform company Hyperconnect.
As part of the Japanese Fair Trade Association, Apple decided to relax its app store rules. However, gaming apps do not get the concession of bypassing apple’s payment system.
Speaking on applied materials, Cramer noted that he loves the quarter and opined that those who sold their stock made a mistake.
On November 18, Apple announced a reduction of its App Store commission rate from 30% to 15% for developers who generate an annual revenue of less than $1 million.
Tinder is the latest app to join the growing revolt against the fees charged by app stores, with the launch of a new payment process that bypasses the Google Play Store. Google used to take 30 percent cut.