Saturday, April 4, 2015

Tinder would be worth $1.6 billion as a standalone business

Dating app Tinder has grown into a monster business, and an analyst note from JMP Securities shows just how big it could get. JMP Securities published an analyst note on March 31 for InterActiveCorp, the large internet company that owns Tinder, as well as sites like ask.com, ask.fm and match.com. The most interesting section of the note focuses on JMP's predictions for Tinder in the future. It says that Tinder would be worth around $1.6 billion as a standalone business, a giant 20% of IAC's...-> read more

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