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Match Takes Majority Stake In 'Hinge'

Match just acquired a 51% stake in dating app Hinge. The Tinder parent “has the right to acquire the remaining shares in New York-based Hinge over the next 12 months,” Business Insider writes. “Match first took a stake in Hinge in September last year and since then, the app’s user base has grown more than 400%, with particular gains in ‘urban’ markets on the east coast of the US.”

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