In its growth, Hinge caught the eye of Match Group, which owns some of the biggest dating apps including Tinder. In 2019, Match Group announced that it fully acquired Hinge for an undisclosed amount.
Is Hinge part of match group?
DALLAS , June 20, 2018 /PRNewswire/ -- Match Group Inc. (NASDAQ: MTCH) announced today that it has acquired a 51% ownership stake in Hinge, the New York City -based relationship app. Match Group has the right to acquire all the remaining shares of Hinge within the next 12 months.
Starting in 2017, Match Group set its sights on another dating upstart: Hinge, an app focused on finding long-term connections. Match took a share in the app that September, and in June 2018, acquired a 51% stake in the company.
Who bought Hinge?
Match Group On June 20, 2018, Match Group acquired 51% ownership of Hinge, with the right to acquire all the remaining shares within the next 12-month period, which it exercised. Match Group owned 100% of Hinge by the first quarter of 2019.
Does Match own Hinge and Tinder?
Match Group, Inc. Dallas, Texas, U.S. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, PlentyOfFish, Ship, and OurTime totalling over 45 global dating companies.