Match Group, Inc. (MTCH)
After hours:
- MoneyWise
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- Reuters
Tinder-owner Match says Google to allow alternate payment systems for now
Match sued Google earlier in May, calling the action a "last resort" to prevent Tinder and its other apps from being booted off the Google Play store for refusing to share up to 30% of sales. The company said on Friday it has withdrawn its request for a temporary restraining order against Google after it made a number of concessions that would prevent Match's apps from being removed from the Play store for offering alternate payment options. Match will have to continue to integrate Google Play billing through the trial or until the dispute is settled, Google said.
