04-05-2016 06:34 via financialexpress.com

Match Group revenue beats expectations as Tinder attracts more paid users

Dating website operator Match Group Inc reported better-than-expected quarterly revenue on Tuesday, as its popular dating app Tinder attracted more paying users.
The company’s shares rose 7.3 percent to $11.98 in after-hours trading.
Match Group, which also owns Match.com and OkCupid, gets bulk of its revenue from membership fees and paid features.
The company said its average paid-member count jumped 36 percent to 5.1 million in the first quarter ended March 31, also helped by the acquisi
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