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Online dating services provider Match Group forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue on Tuesday, as its popular app Tinder attracted more users. The app reported 5. Tinder, which has made "swipe left" and "swipe right" a point of pop culture conversations, grew its subscriber base manifold with new launches. Tinder's lighter app version, Tinder Lite, was launched in the quarter on Android platforms in a few South-east Asian and South American countries. Read Receipts allows a person to see if their match on the app has seen their messages, while Super Boost gives a person more visibility. Match now expects to add over 1. Sign up for free newsletters and get more CNBC delivered to your inbox.

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By Jonathon Trugman. Internet dating is a very big business, but the hookup app Tinder is the piece that really has Wall Street excited. The online dating industry is expected to see growth of 4. Tinder is the fastest-growing property in the Match group by far.

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