Tinder owner Match Group (MTCH.O) has said it will quit Russia by June 30, citing the need to protect human rights, one of many Western firms to leave since Moscow sent troops into Ukraine last year, SIA refers to foreign media.
"We are committed to protecting human rights," Match said in an annual impact report published on Monday. "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."
Many digital services providers with few staff in Russia, such as Spotify and Netflix, pulled out shortly after Moscow began its military campaign in Ukraine in February 2022.
Match shareholder Friends Fiduciary Corp said Match had set an example for others to follow in tying its decision to the human rights risks faced by the Ukrainian people.
The European police agency Europol said in September that dating apps were among the online platforms being "hijacked" by individuals for human trafficking purposes, drawing attention to the plight of Ukrainian refugees.
Jeff Perkins, executive director at Friends Fiduciary, told Reuters that a business that trades on trust had good reason to leave Russia:
"It's not a good look for a trusted brand to be continuing operations in a nation where the head of state has been indicted by the International Criminal Court."
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