By Bloomberg Wire. Match Group Inc. Activist investors including Elliott and Anson Funds Management LP had amassed stakes in Match last year to push for a more aggressive turnaround plan.
Instead, Tinder executives warned in December of declining to flat direct revenue through and low-single digit growth in Shares plunged 8. Become a business insider with the latest news. Or with:. By signing up you agree to our Terms of Service and Privacy Policy. As CEO of Zillow, Rascoff led the company through a series of acquisitions, buying Trulia and New York City real estate portal StreetEasy among others, that made the company a dominant player in online home searches.
Zillow itself was started in by Rascoff, Rich Barton and Lloyd Frink, who wanted to do for the housing market what their previous company, Expedia Group Inc. Rascoff took over as CEO in Updated p. Business Briefing. Or with: Google. Related Stories. Read More. Dallas dating app company Match faces high bar for turnaround as activist threat looms. The Tinder owner is under pressure as subscribers declines. Online dating caused a rise in U. Americans have been increasingly marrying someone like themselves, especially in areas such as education levels.
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