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Match Group filed a movement to dismiss the lawsuit in October, claiming that Sean Rad had been active in the valuation procedure. July 27, 2020

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Match Group filed a movement to dismiss the lawsuit in October, claiming that Sean Rad had been active in the valuation procedure.

Rad cashed away on his Tinder choices in 2017, making $400 million. Match Group accuse him of gambling against Tinder. Rad maintains that economic information given by Match Group was in fact manipulated to demonstrate performance at a lower life expectancy degree than truth.

Match Group/Tinder income

Tinder relocated to monetise in 2015, providing the Tinder Plus solution. This enables users various included features, such as for example Tinder Passport (allowing users to maneuver to another location to scout ahead) and limitless loves (non-paying users are restricted to 50 every 12 hours). (more…)

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