Tinder parent Match Group bolsters expansion beyond dating with $1.7 billion acquisition, CFO says

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Match Group is solidifying its move into 'social discovery' by acquiring South Korean firm Hyperconnect, CFO Gary Swidler told CNBC.

is solidifying its expansion beyond online dating through its acquisition of South Korean social media company Hyperconnect, CFO Gary Swidler told CNBC on Wednesday.for Hyperconnect a day earlier. Hyperconnect is based in Seoul and has two main apps, Azar and Hakuna Live.Swidler said both of Hyperconnect's offerings fall into the category of "social discovery," which is a way to meet friends and people who have shared interests.

Launched in 2019, Hakuna Live is a livestreaming platform that lets users create group audio and video broadcasts. It's registered more than 23 million downloads, with growing popularity in Japan and South Korea, according to the company.

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Has anyone asked Fauci if he knows what Tinder is Seriously Before he asks us to wear four masks 😉

Clear monopoly. Should be broken up.

Here is the Match Group's Chief Communications Officer

They should exapand into condom and birth control. You know, to slow the increase in STDs and unwanted pregnancies their services are responsible for.

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