Wednesday, May 8, 2019

Match Group reports Q1 revenue of $464.6M, up 14% YoY, vs. $463.8M est. and net income of $123M, up 23% YoY, as Tinder's total average subscribers grew to 4.7M (Olivia Carville/Bloomberg)

Olivia Carville / Bloomberg:
Match Group reports Q1 revenue of $464.6M, up 14% YoY, vs. $463.8M est. and net income of $123M, up 23% YoY, as Tinder's total average subscribers grew to 4.7M  —  - CEO Ginsberg targets Japan, India for international expansion  — Tinder also experimenting witih new video features like Loops



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How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a "China shedding" strategy, while Shein and Meituan seek non-US growth (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times : How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” s...