Tinder Metaverse Dating Plans on hold as Business Falters
Match Group are putting Metaverse dating plans for Tinder on hold. The online dating giant, which funded in 2009 and operates the largest portfolio of dating apps, was originally in talks to have its leading brand Tinder venture into the Metaverse. Following a disappointing set of earnings in the last quarter, Match Group have announced they will be scaling back after acquiring Hyperconnect last year, a company which specialises in video, AI and augmented reality. In an earnings release, Bernard Kim, CEO of Match Group, wrote: “Given uncertainty about the ultimate contours of the metaverse and...