The Match Group (MTCH) Q2 2016 Earnings Call

posted in: Earnings Call, Notes | 0

The Match Group (MTCH) CEO Greg Blatt said Tinder is now the 5th highest grossing app in the world (excluding games)

“And you look at the graph on the bottom right there, on a global basis excluding games, Tinder is now the number five grossing app in the world, behind only Netflix, HBO, Spotify, and LINE. Really getting into some heavy company there and really just on a fantastic roll.”

Tinder app is getting good traction in Asia

“Again Japan and India are actually our two fastest growing geo’s for Tinder. Of a relatively small base, so I don’t want to make too big a deal of it at this point, but showing real traction there and we’re trying to feed the fuel there. I think South Korea is another place where Tinder in particular we’re seeing a lot of growth, Brazil etc. So, I think there’s a lot of opportunity for growth within our existing businesses. We’re always looking at geographic expansion.”