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Stock impact report

One In Five Gen-Z/Millennial Women Identify As LGBTQ+ [zero hedge]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Company Research Source: zero hedge
One In Five Gen-Z/Millennial Women Identify As LGBTQ+ Parsing through a Goldman note on the online dating sector , particularly focusing on Match Group (MTCH), Bumble (BMBL), and Grindr (GRND), the industry remains on a healthy upward growth trajectory. However, mature online dating markets are slowing, while emerging regions (Asia ex-China) drive new user adoption. While Hinge outperforms Tinder, Bumble is restructuring its growth strategy, and Grindr continues penetrating the LGBTQ+ community. Goldman analysts Eric Sheridan and Julia Fein-Ashley provided clients with the key takeaways of what's currently happening across the online dating industry: We continue to forecast the directly addressable online dating user TAM to grow at a 4% CAGR from 2024-2029; Expect Asia ex-China to contribute to a large portion of new dating users and slower growth from more mature markets (i.e. UCAN [United States and Canada] /Europe growing at a 1% CAGR from 2024-2029); & Forecast Hinge to increase p Show less Read more
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