Reporter, Finance, Regulation and People, Dating Industry Insights. Edited by Bill Alena.
Hayley Birkin reports on the business of online dating for Dating Industry Insights: earnings, funding rounds, deals and valuations, the laws and regulators that shape the sector, and the people who lead it.
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Bumble is cutting 350 jobs, 30% of its workforce, and launching a Bumble For Friends app in March after Q4 revenue fell 7.6% to $269.5M.
Match Group reported $864M in Q2 revenue as paying users fell 5% to 14.1 million, with Hinge revenue up 25% and Tinder revenue down 4%.
Relate research says 10% of Britons meet partners through dating apps, but Match Group and Bumble face a gender imbalance and user dissatisfaction.
Match Group shares are down roughly 80% since February 2021, and Elliott Management and Starboard Value are pushing an AI-led transformation.
Grindr reports second-quarter results on 7 August, with 14.5 million monthly active users, testing whether its 2025 AI and product launches can drive growth.
Gleeden says 53% of its middle-aged survey respondents want friendship, not affairs, raising questions about its affair-focused subscription model.
Aisle, an Indian dating app, has launched weekly premium subscriptions at ₹99 from July 2025, with no take-up or conversion data disclosed yet.
Bumble shares rose 3% on strong US retail sales data. Its 5th August Q2 earnings will test whether a 30% workforce cut and $40M in savings pay off.
Bumble is testing optional first moves and rolling back its women-make-first rule amid 4% year-over-year revenue growth in Q3 2024.
Match Group has added Qloo's Taste AI to BLK, Chispa, Upward and Yuzu. Qloo claims a 70% increase in likes in initial testing.
Match Group's Hinge IRL and Meetic's Resonance are hackathon prototypes designed to speed up in-person dates, with no confirmed launch dates.
Muzz held its first offline singles event in India, with around 100 participants in Mumbai, using structured activities and QR code profile exchanges.
Match Group says AI usage across its dating platforms rose 300% year-on-year, and 20% of users prompted by AI moderation revise or cancel messages.
Grindr reported 25% revenue growth while Bumble trades at $6, down from a $43 IPO price. CEO George Arison says Grindr stayed product-led.
An estimated 10 million Chinese women now use virtual boyfriend apps instead of dating, a challenge for Match Group and Bumble in China.
Bumble is cutting 30% of its workforce, about 240 employees, to save $40M annually, after a 7.7% year-on-year revenue decline in Q1 2025.
Matchmaker Maclynn reported its strongest sales month in 15 years in January, as Tinder faces eight consecutive quarters of subscriber decline.
Ysos, the dating app spun out of Sexlog, is entering the US with 3 million registered users and says behavioural data from 23 million users improves matching.
Pawsome Pair has launched a pet-centric dating platform that will donate 20% of subscription revenue to animal shelters, entering a crowded niche.
Perth matchmaking services charge $3,000 to $8,000 per client, according to ABC, as professionals aged 30-45 quit dating apps.