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From zero to hero: How this social media stock rewrote the rules of market domination

From zero to hero: How this social media stock rewrote the rules of market domination
Bogdan Stojkov

Social media has become an integral part of our daily lives, connecting billions of people worldwide. As of early 2024, approximately 5.04 billion individuals actively engage on social media platforms, a figure projected to surge even more in the years to come.

While advertising remains the primary revenue stream for major social networks, the industry is evolving, diversifying its income through e-commerce, digital payments, and gaming. In this article, we’ll introduce you to a social media stock to watch out for this year, alongside exploring its transformative journey and impact on the market.

The social media investment boom

Investing in social media has proven to be a lucrative endeavor, with shareholder returns more than doubling since the beginning of 2018. The Global X Social Media ETF (SOCL -0.08%) reflects this growth, driven by industry giants like Meta Platforms (NASDAQ: META), Snap (NYSE: SNAP), X (formerly Twitter), and Alphabet’s Google (NASDAQ: GOOGL).

Nevertheless, while established players dominate, emerging social platforms present promising investment prospects. With millions transitioning into regular internet users, the present moment offers an opportune time to explore investments in social media companies.

Match Group: A standout success story

Match Group (NASDAQ: MTCH) stands out among various other options. Renowned for its dating platforms Tinder,, OkCupid, Plenty of Fish, and Hinge, Match Group has consistently delivered double-digit revenue growth. The normalization of online dating, accelerated by the COVID-19 pandemic, has solidified the demand for Match’s services, even during the height of lockdowns in 2020.

What sets Match Group apart from its peers is its revenue model. Unlike other social media giants reliant on advertising, Match derives the bulk of its income from user subscriptions. This approach provides stability and growth potential, especially with the increasing acceptance of online dating, particularly in emerging markets.

Match Group stock price today

At the time of publishing, Match Group’s stock price is $35.91, showing a slight downtick of $0.13, which represents a 0.36% year to date.

Expanding horizons: Acquisition of Hyperconnect

In a strategic move to bolster its position, Match Group completed the acquisition of South Korea-based social and video platform Hyperconnect for $1.73 billion in 2021. This acquisition aligns with Match’s vision to diversify its offerings and tap into new markets, further driving revenue growth.

Riding the wave of change

Match Group’s success story epitomizes the evolution of social media and its dynamic nature. By recognizing shifting trends and capitalizing on emerging opportunities, Match has not only rewritten the rules but also carved a path to market domination.

Looking ahead: The future of social media investments

As social media continues to evolve, investors must remain vigilant, identifying companies that adapt to changing landscapes and innovate to meet evolving consumer needs. Match Group’s journey serves as a testament to the potential rewards of investing in forward-thinking social media enterprises.


In the expanding realm of social media, Match Group has emerged as a beacon of success, defying conventions and reshaping the investment landscape.

With a unique revenue model, strategic acquisitions, and unwavering growth, Match Group stands as a testament to the transformative power of innovation in the digital age. And as the industry continues to flourish, investors who are prepared to navigate the dynamic currents of the social media market will find ample opportunities awaiting them.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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