Match Group: CEO Sees Hinge Eventually Becoming Larger Than Tinder – That Would Be a Completely New Story!

We are tracking stocks at their 52-week highs for new stories. One such story is beginning to establish itself with the Match Group . CEO Spencer Rascoff believes that Hinge could potentially have greater revenue potential than Tinder in the long term. Hinge is generating around $700 million in revenue and is expected to reach the billion-dollar mark by 2027. Tinder stands at approximately $2 billion. However, Rascoff sees Hinge's business model as having the more valuable market in the long run. Hinge could surpass Tinder in the long term Hinge...