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The Company Behind Tinder and OkCupid Just Filed to Go Public

Match Group’s biggest risks: Facebook and cyber attacks.

by Nick Statt
The Verge

Match Group, the company behind more than 45 online dating brands including Tinder, OkCupid, and Match.com, filed for an initial public offering of its stock today. Match is owned by IAC, the conglomerate run by billionaire media mogul Barry Diller, and counts 59 million monthly active users and 4.7 million paying users across its dating network.

In 2014, Match Group had sales of nearly $900 million and earned $240 million in profit. IAC announced in June that it intended to take Match Group public with an offering of less than 20 percent of the company in common stock, ensuring that IAC retains majority ownership.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

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