Match Group, parent of the dating app Tinder, has decided to leave Russia, more than a year after the invasion of Ukraine caused several international companies to close or suspend their Russian operations.
Match Group said on Monday that it will leave Russia by June 30. “We are committed to the protection of human rights”, reported the company when announcing its decision.
The Texas-based firm announced the news in its annual impact report, a summary of its progress on social and environmental responsibility.
“Our brands are taking steps to restrict access to their services in Russia and will complete their withdrawal from the Russian market by June 30, 2023“, said.
Most big Western companies ended or suspended operations in protest of Russia’s invasion of Ukraine in February 2022, while Chinese companies expand their presence.
Russia, which is seeking to reduce its dependence on the West, has shored up its domestic technology sector in recent years.
Tinder’s departure also comes as Russia has tightened laws to regulate the technology sector, amid increasing political repression.
Source: AFP
Source: Gestion
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