Reported about 6 hours ago
Match Group Inc. has appointed Spencer Rascoff, co-founder of Zillow, as its new CEO to replace Bernard Kim, who struggled with declining subscribers for Tinder. Rascoff's strong background in technology and consumer businesses aims to revitalize the dating app as the company faces continued challenges, including a significant drop in share value and revenue forecasts that fell short of expectations. His immediate focus will be on improving Tinder's user experience as Match Group reported an ongoing decline in subscribers.
Source: YAHOO