Thursday, June 25, 2015

Tinder Heads Down IPO Path, Albeit With The Rest of Match.com

Los Angeles-based mobile dating app developer Tinder, which is currently owned by IAC, is aiming at an IPO, according to IAC Thursday, although the hot dating app developer will be bundled with the rest of Match.com and IAC's other dating properties. According to IAC, its board approved the pursuit of an IPO of The Match Group, which will include Match, Meetic, and OurTime, and OkCupid, in addition to Tinder. IAC said that The Match Group will continue to be led by Chairman Greg Blatt and CEO Sam Yagan. IAC said that it is planning the IPO for the fourth quarter of this year.

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