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Tinder is during a rut. Meets Class, parent organization of your several years-dated casual-dating juggernaut, try one of several worst musicians into the S&P five-hundred last year, plunging almost 70 per cent since investors fretted that the software try dropping their mojo. Tinder contributes more than half out-of Match’s funds, but packages has actually and you will paid off user growth has slowed.

Attracting and you may retaining Age bracket Z and you can feminine is actually a priority for Match’s brand new chief executive officer, Bernard Kim, whom ousted Tinder’s administration team once seizing into the June. (more…)