Match Group Faces Investor Scrutiny Over Tinder Woes, Hinge Expansion Plans
Match Group Faces Investor Scrutiny Over Tinder Woes, Hinge Expansion Plans
In November, Match's dismal outlook after some new features could not deliver results added to the company's woes.Match Group Inc (NASDAQ:MTCH) faces high expectations for its first investor meeting on Wednesday as Wall Street awaits its turnaround plan to check subscriber loss at Tinder.
Match Group Inc（納斯達克：MTCH）在週三首次投資者會議上面臨着很高的期望，華爾街期待其轉型計劃以遏制Tinder的用戶流失。
Match has been attempting a turnaround since 2023, including a marketing campaign, updating the Tinder app interface, and expanding safety features. However, the initiatives failed to move the needle for the company, Bloomberg reports.
據彭博社報道，Match自2023年以來一直在嘗試轉型，包括一項營銷活動、更新Tinder應用界面和擴展安全功能。然而，這些舉措未能爲公司帶來實質性改進。
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In November, Match's dismal outlook after some new features could not deliver results added to the company's woes.
在11月，Match在某些新功能未能帶來效果後的悲觀展望增加了公司的困境。
JPMorgan analyst Cory Carpenter and Evercore ISI's Robert Coolbrith told Bloomberg they expect a credible strategy to stabilize Tinder's trends.
摩根大通的分析師Cory Carpenter和Evercore ISI的Robert Coolbrith告訴彭博社，他們預計將有一個可信的策略來穩定Tinder的趨勢。
Previously, Starboard Value had proposed a sale lest it fail to accomplish a turnaround. Frequent management changes since 2016 and a lack of meaningful product innovation at Tinder led to a $41 billion loss in Match's capitalization since its 2021 peak. Three activists, including Elliott Investment Management LP and Anson Funds Management LP, have taken stakes in the firm since 2023.
此前，Starboard Value曾提議出售該公司，除非它能成功實現轉型。自2016年以來頻繁的管理層更換和Tinder缺乏實質性的產品創新使得Match的市值自2021年峯值以來損失達到410億美元。自2023年以來，包括Elliott投資管理公司和Anson Fund Management的三位激進投資者在該公司中持有股份。
Previously, Starboard recommended the firm buy back shares using its free cash flow.
此前，Starboard建議該公司利用其自由現金流回購股票。
In addition, analysts seek a growth strategy from Hinge.
此外，分析師希望從Hinge獲得增長策略。
In September, JPMorgan analysts said they expect online dating trends to recover in the fourth quarter of 2024 and return to high-single-digit (HSD) growth in 2025. They also expected Tinder to step up its game.
在九月份，摩根大通的分析師表示，他們預計在線約會趨勢將在2024年第四季度恢復，並在2025年回歸高單位數（HSD）增長。他們還預計Tinder將提升其表現。
However, they also flagged the intense need for innovation.
然而，他們也指出對創新的強烈需求。
Also, in September, Keybanc's Justin Patterson downgraded Bumble Inc's (NASDAQ:BMBL) rating, citing weak app store data indicators. The analyst flagged a potential acquisition by Match.
同樣在九月份，Keybanc的賈斯廷·帕特森下調了Bumble Inc（納斯達克：BMBL）的評級，原因是應用商店數據因子疲軟。分析師警告可能被Match group收購。
Price Action: MTCH stock is down 3.4% at $31.92 at last check Wednesday.
價格動態：MTCH股票在週三最後檢查時跌幅爲3.4%，報31.92美元。
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Photo: Stokkete/Shutterstock.com
照片：Stokkete/Shutterstock.com
譯文內容由第三人軟體翻譯。
