The CEO wants Tinder to become a “social discovery” platform as big as Instagram or Snapchat used to create all types of human connections, not just romantic ones.
There’s already a Tinder Social tool — which connects groups of friends with other groups or individuals — and the next step is business networking.
MY BET: Tinder does not monetize as expected. Tinder is cannibalizing Match. Tinder is in war with Match App, PlentyOfFish (POF), Zoosk, Happn, Hinge, Badoo, Bumble, CoffeeMeetsBagel and many more.
Match Group, parent company of Tinder, has a big debt of USD 1.2 Billion.
The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe and many more!
Match Group does not know how to innovate in the Online Dating Industry.
Please see:
Tinder tried to be the next .... Facebook (Forbes saga).
http://onlinedatingsoundbarrier.blogspot.com.ar/2015/10/a-year-ago-tinder-tried-to-be-next.html
Tinder will use Spotify to show your dates your favorite music
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/09/tinder-will-use-spotify-to-show-your.html
Tinder in inside war with new Match App.
http://www.bbc.co.uk/newsbeat/article/37421585/tinder-boss-we-dont-get-distracted-by-the-competition
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