Tinder owner Match says Apple fee will stifle growth in India


FILE PHOTO: Match Group logo and their app brands are seen in this illustration taken, May 1, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

NEW DELHI (Reuters) -An Apple fee of up to 30% in India will over time stifle revenues for Match, the owner of dating app Tinder, it said in its submission to the Indian antitrust body, adding that hefty fines were needed to protect its business.

Tinder is one of the biggest players in the Indian dating apps market, which will be worth an estimated $1.42 billion by 2030, according to advisory firm MarketNtel.

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