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First-time subscribers flocked to Match Group’s apps in the wake of spring lockdowns, as singles looked for ways to connect while stuck at home. The company, which became a stand-alone entity in July, seized the moment, rolling out new features like video-chat. With its biggest app, Tinder, alone bringing in close to $1.4 billion in revenue this year, investors are crushing hard: Shares have nearly doubled over the past 12 months.

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