Why Online Dating Powerhouse Match Group Just Acquired Hyperconnect for $1.7 Billion

Match Group (NASDAQ: MTCH) recently announced the $1.7 billion acquisition of Hyperconnect -- its largest acquisition ever. Hyperconnect isn't an online dating company, which may make investors wonder what Match Group hopes to gain from this deal.

In this video from Motley Fool Live, recorded on Feb. 17, Motley Fool contributor Luis Sanchez, Motley Fool analyst Meilin Quinn, and Industry Focus host Nick Sciple discuss Match Group and the online dating industry.

Continue reading

Source Fool.com