Match Group: CEO sees Hinge eventually larger than Tinder - that would be a completely new story!
Reading Time: 2 minutes
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 USD in revenue and is expected to reach the billion-dollar mark by 2027. Tinder stands at approximately 2 billion USD. 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...
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