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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Grindr expects 26% revenue growth in 2025, its CFO said, as users spend over 60 minutes daily. Match Group is growing in the low single digits.
Match Group says 30% of Tinder matches now involve LGBTQ+ users, as Tinder, Bumble and Grindr run Pride campaigns to compete for queer users.
Palm Venture Studios has acquired matchmaker Three Day Rule and plans to expand it into relationship wellness and ongoing support services.
AlgoAI Tech has launched a-love, a white-label dating platform for faith groups, universities and brands, with no pricing or clients disclosed.
Dinky One, a dating platform for men concerned about penis size, has joined the Pure Payout affiliate network, which has operated since 2007.
JPMorgan downgraded Bumble to "underweight" with a $5 price target, implying 30% downside, and warns declines could last until 2027.
Mattr, the London dating app, is raising the final £35,000 of its round from angel investors after failing to win VC backing.
Four dating apps launched in February 2025 promising to fix algorithm opacity with AI, after US user dissatisfaction hit 71% in 2024, per Pew.
Hinge is testing chat limits, and Match Group says AI-suggested openers raised matches and contact exchanges by 15% in Q4 2024 tests.
Grindr raised its 2025 revenue guidance to $405M-$415M after Q4 2024, citing stronger-than-expected engagement and conversion.
Tinder plans a global double-dating launch this summer as Spencer Rascoff shifts the app to "meaningful connections" to win back Gen Z.
Tinder is offering 20 users up to £150 each to subsidise the cost of taking a date to a wedding, in a promotion running through 31 May.
Happn has launched a Paris metro ad campaign for its proximity matching, though it has not disclosed campaign spend, revenue or performance figures.
Tinder CEO Faye Iosotaluno will step down in July after 18 months, with Match Group CEO Spencer Rascoff taking direct control of the app.
E.l.f. Beauty has partnered with matchmaker Tawkify on a dating show, but apps still hold 95%+ of the market, so matchmaking remains niche.
Match Group has acquired HER, the dating app for queer women and non-binary people. Financial terms were not disclosed.
Match Group CTO Will Wu is leaving at the end of May, the fourth senior executive exit in approximately 18 months, including the CEO.
Bumble's Q1 revenue fell 7% year-on-year to $247.1M, yet its shares rose 7% as average revenue per paying user rose to $27.86.
Dating safety app Tea has over 500,000 users and $1.6M in annual recurring revenue, according to the company, by offering background checks to women.
Sex-positive dating app BeeDee has acquired UK-based rival Meet Kinksters and launched the combined platform on Apple's App Store for the first time.