💨 Abstract

Match Group appointed Spencer Rascoff as its new CEO to boost user engagement and attract more users to its dating apps like Tinder, amid a slowdown in demand for online dating apps and increased competition. Shares fell 9% after the company forecast annual revenue below Wall Street estimates. Rascoff, a former Zillow Group CEO, was appointed after talks with Elliott Investment Management. Match expects its 2025 revenue to be between $3.3

Courtesy: theprint.in

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