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MTCH · CIK 891103

What Match Group, Inc. told the SEC could break it.

2 self-disclosed vulnerabilities, pulled from its own filings — each in the company’s words, with the source. This is the risk register almost nobody reads.

A limited set so far — we surface every cited disclosure we’ve extracted for MTCH. More may follow as additional filings are processed.

In its own words

What could break it.

Supplier concentration

  • app-store platform dependence (Apple ~74%, Google ~19%); Apple removed Azar apphigh

    Match's revenue collection is concentrated in two app stores (~74% and ~19% of receivables), giving Apple and Google control over distribution, payment terms and fees — a risk made concrete when Apple removed the Azar app (≈4% of consolidated revenue) from the App Store in February 2026.

    Apple removed the Azar app from the App Store on February 22, 2026. Revenue from the Azar app represented approximately 4 % of the Company's consolidated revenue for the years ended December 31, 2025 and 2024.

    SEC filing →As of 2026

Regulatory & policy

  • U.S. app-store legislation regulating Apple/Google in-app payment requirementsmedium

    Congress and several state legislatures are weighing legislation to regulate developer-platform terms and bar Apple and Google from requiring their own in-app payment systems — a policy shift that could reshape Match's app-store fee and distribution economics.

    The United States Congress, as well as a number of state legislatures, are also considering legislation that would regulate certain terms of the relationships between developers and Apple and Google and prohibit Apple and Google from requiring the use of their respective payment systems for in-app purchases.

    SEC filing →As of 2026

The hidden graph

Who it depends on, and who depends on it.

Relationships surfaced from filings — including ones disclosed by the other side, which is how the non-obvious ones come to light.

Its suppliers

  • Apple Inc. (App Store)

    The majority of our users purchase our services through mobile app stores. At December 31, 2025 , two mobile app stores accounted for approximately 74 % and 19 %

    Cited →
  • Alphabet Inc. (Google Play)

    The majority of our users purchase our services through mobile app stores. At December 31, 2025 , two mobile app stores accounted for approximately 74 % and 19 %

    Cited →
  • Amazon Web Services (Amazon.com, Inc.)

    We rely on third parties, primarily data center and cloud-based, hosted web service providers, such as Amazon Web Services, as well as third party computer systems, service providers, software providers, and broadband and other communications systems.

    Cited →

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