More than a year after the invasion of Ukraine caused a wave of foreign firms to stop or cease their operations in Russia, the maker of the dating app Tinder is leaving the country.
On Monday, Match Group said that it will leave Russia by June 30 because “we are committed to protecting human rights.”
The Texas-based business disclosed the information in its annual impact report, which summarizes how the business is achieving its environmental, human rights, and good governance objectives.
“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,” the statement said.
In response to Russia's invasion of Ukraine in February 2022, the majority of significant Western corporations have curtailed or discontinued their activities while Chinese corporations increase their market share.
And in recent years, Russia has been bolstering its domestic technology sector as it looks to lessen its reliance on the west.
Tinder's departure also occurs as political persecution in Russia has increased and rules governing the digital industry have been strengthened.