Tinder owner expects upbeat revenue, but COVID recovery fears cast shadow


FILE PHOTO: The dating app Tinder is shown on a mobile phone in this picture illustration taken September 1, 2020. REUTERS/Akhtar Soomro/Illustration

(Reuters) -Match Group Inc said the COVID-19 recovery in some of its "important" Asian markets was lagging behind the United States and Europe, sending its shares 4% lower after market despite a forecast for quarterly revenue above estimates.

Several economies were starting to open up but a resurgence of cases caused by the highly contagious Delta variant has fueled concerns over how long the recovery can last in certain markets.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read