Particle.news

Download on the App Store

Zillow Co-Founder Spencer Rascoff Named CEO of Match Group

Rascoff takes the helm of the online dating giant as it navigates slowing user growth and plans for AI-driven innovation.

  • Spencer Rascoff, co-founder and former CEO of Zillow, has been appointed CEO of Match Group, effective immediately.
  • Rascoff succeeds Bernard Kim, who is stepping down from both the CEO role and the company's board of directors.
  • Match Group, which owns Tinder, Hinge, OkCupid, and other dating apps, reported a decline in paying users for the ninth consecutive quarter.
  • The company is focusing on AI-driven features and business transformation, which analysts predict will drive significant growth starting in 2026.
  • Match Group's disappointing revenue forecast for 2025 caused its shares to drop by 7% in extended trading, despite slightly surpassing Q4 revenue expectations.
Hero image