By Walt Hickey Window Shopping Match Group, which owns a number of dating sites such as Tinder, reported $545 million in first quarter revenue yesterday, on par with the $547 million logged in the previous quarter and up significantly from the $465 million made in the same quarter of 2019. Despite the collapse of physical dating, consumers remain interested in swiping even if it won’t lead anywhere for a little while, and Match is orchestrating video dates with the intention of launching one-to-one live videos on Tinder sometime this quarter. Match seeks to invent a previously untapped business model, a brilliant innovation never attempted before: can you actually make money off of connecting hot, local singles in your area that want no-strings-attached steamy internet chats?
Numlock News: May 7, 2020 • Black Holes, Fortnite, Sweatpants
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