Online dating company Match Group files to go public


Investors will soon be deciding whether to swipe right on a dating stock.

Match Group, which owns online dating platforms Match, OkCupid and Tinder, filed for an initial public offering Friday. The company applied to list common stock on the Nasdaq Global Select Market under the ticker symbol "MTCH."

J.P. Morgan, Allen & Co. and Bank of America Merrill Lynch will serve as underwriters on the deal. Match's filing with the Securities and Exchange Commission did not specify a price target.

Andrew Harrer | Bloomberg | Getty Images

Match said it generated $888 million in sales in 2014, up from $803 million the year before. It brought in net earnings of $148 million in 2014, an increase from $127 million in the prior year.

The company reports it had 59 million monthly active users across its 45 brands as of the end of the third quarter. That includes 4.7 million paid members.

Match touts its shift to mobile platforms, especially through the popular app Tinder.

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