Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Social Media Marketing

Social Media Marketing

Match Group, parent company of Tinder, leaves Russia by June 30.

Photo Credit: Tinder Photo Credit: Tinder
Photo Credit: Tinder Photo Credit: Tinder

Listen to the article now

Tinder owner Match Group (MTCH.O) will exit Russia by June 30, citing the need to defend human rights.

“We are committed to protecting human rights,” Match stated in an annual impact report released Monday. “Our brands are taking steps to restrict access to their services in Russia and will complete their withdrawal from the Russian market by June 30, 2023.”

After Moscow began its military campaign in Ukraine in February 2022, Spotify and Netflix withdrew.

Match, which owns Tinder, Hinge, and PlentyOfFish, has been quiet about its Russian businesses but warned of severe effects on its European company in March 2022.

The Match did not immediately comment.

Match shareholder Friends Fiduciary Corp said Match set an example by linking their choice to Ukrainian human rights threats.

In September, Europol said that dating apps were being “hijacked” by human traffickers, highlighting the suffering of Ukrainian migrants.

Friends Fiduciary executive director Jeff Perkins told Reuters that a trust-based company should leave Russia:

“It’s not a good look for a trusted brand to be continuing operations in a nation where the head of state has been indicted by the International Criminal Court.”

On March 17, the ICC arrested Russian President Vladimir Putin for war crimes, including the unlawful deportation of hundreds of Ukrainian children.

Moscow rejects war crimes, including child deportations, and claims the ICC judgment is irrelevant as Russia is not a member.


Comment Template

You May Also Like

Technology

In Davos 2025, AI dominated the World Economic Forum, marking its shift from futuristic concept to global driver of change. Discussions explored AI’s transformative...

Technology

Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...

Business

By the year’s end, Taco Bell plans to have implemented AI ordering at hundreds of US sites, following two years of testing in a...

Economy

Matthias Heck, Moody’s industry analyst, estimates that electric vehicles would have attained that market share after 2035 without these rules. He said the EPA’s...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok