Match Group Priced, Nasdaq: MTCH

Leading online dating company being spun off from IAC.

Industry: Technology

Latest Trade: $18.61 0.00 (0.0%)

First Day Return: +22.8%

Return from IPO: +55.1%

Industry: Technology

Match Group is the world's leading provider of dating products. Our mission is to increase romantic connectivity worldwide. In the dating category, there is a wide spectrum of consumer preferences that dictate the type of dating product that has the most appeal to a given user. Accordingly, different brands resonate differently with different groups of people. As a result, we approach the category with a portfolio of trusted brands so that we are able to provide tailored products that collectively appeal to the broadest spectrum of consumer preferences. We believe that this portfolio approach maximizes our ability to capture the largest number of users at meaningfully better economics than we would be able to achieve with a single brand approach. We operate over 45 brands, including Match, OkCupid, Tinder, PlentyOfFish, Meetic, Twoo, OurTime and FriendScout24, and our products are offered in 38 languages in over 190 countries. We increasingly apply a centralized discipline to learnings, best-practices and technologies across our dating products in order to increase growth, reduce costs and maximize profitability. This approach allows us to quickly introduce and deploy products and features, optimize marketing strategies, reduce operational costs and more effectively focus talent across the organization.
more less
IPO News for Match Group
more
IPO Data
IPO File Date 10/16/2015
Offer Price $12.00
Price Range $12.00 - $14.00
Offer Shares (mm) 33.3
Deal Size ($mm) $400
IPO Data
IPO Date 11/18/2015
Offer Price $12.00
Price Range $12.00 - $14.00
Offer Shares (mm) 33.3
Deal Size ($mm) $400
Underwriters
more
Company Data
Headquarters Dallas, TX
Founded 1995
Employees 1,500
Website www.matchgroupinc.com