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APR 12, 2014 - Yahoo! News

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IAC increases stake in Tinder: report

(Reuters) - The shares of Barry Diller's IAC/InterActive Corp rose as much as 3 percent to $70.34 on Friday after it increased its stake in the popular dating app, Tinder, according to a Bloomberg report. IAC bought another 10 percent of Tinder for $500 million from investor Chamath Palihapitiya, Bloomberg reported, adding that Tinder was now valued at $5 billion. ...

Tags: IAC increases stake in Tinder: report,  Tinder Latest News

APR 11, 2014 - Wired

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Tinder May Not Be Worth $5B, But It’s Way More Valuable Than You Think

Word that IAC reportedly spent $500 million to buy another 10 percent stake in Tinder, the popular dating app, was met by most of the tech world with a healthy dose of skepticism. After all, could a site that's just 20 months old with no revenue model to speak of really be worth $5 billion?

Tags: Tinder May Not Be Worth $5B, But It’s Way More Valuable Than You Think,  Tinder Latest News

APR 11, 2014 - CNET

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IAC stakes bigger claim over dating app Tinder

Three's a crowd. InterActiveCorp has reportedly paid millions to remove a former partner from Tinder's picture.

Tags: IAC stakes bigger claim over dating app Tinder,  Tinder Latest News

APR 11, 2014 - TechCrunch

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Tinder Is Not Valued At $5B, And IAC Did Not Buy 10% Of The Company

 There was an audible gasp in the Twittersphere this morning, after Bloomberg reported that buzzy mobile dating app Tinder was valued at $5 billion in a recent transaction. According to Bloomberg, IAC recently purchased 10 percent of the company for $500 million from Social+Capital Partnership founder and former Facebook exec Chamath Palihapitiya. Palihapitiya had accumulated Tinder shares via his… Read More

Tags: Tinder Is Not Valued At $5B, And IAC Did Not Buy 10% Of The Company,  Tinder Latest News

APR 11, 2014 - CNET

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IAC stakes bigger claim over Tinder

InterActiveCorp has reportedly paid millions to boost its stake in the flaming-hot dating app.

Tags: IAC stakes bigger claim over Tinder,  Tinder Latest News