Tinder owner Match Group is slowing hiring to pay for its increased use of AI tools | TechCrunch
News Source : TechCrunch
News Summary
- Match Group’s revenue was $864 million in the first quarter, up 4% year-over-year.
- Tinder registrations also grew for the first time since 2024, but by a mere 1%.
- This quarter may be the start of a turnaround, as monthly active users declined by 7% in March compared with the far-steeper 10% drop a year ago.
- Match Group remains a company that has to work to squeeze more money out of an oft-dwindling, less-active user base.
You might think the big story out of Match Groups firstquarter earnings is Tinders turnaround. The dating apps revenue is slightly up again after quarterafterquarter of declines. But wed lik [+3801 chars]
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