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's US daily active users fell 6.4% year-on-year, more than Tinder's 5% drop, according to Apptopia. Q3 earnings are due on 5 November.
Nicky Wake has turned an acquired white-label platform into an incubator for niche dating apps, offering founders shared tech and equity deals.
Life360 claims 95% of American couples use location-sharing, but Australia's eSafety Commissioner found only 13% say partner tracking is justified.
Match Group is making facial verification mandatory for all US Tinder users, using FaceTec scanning technology through its Face Check feature.
Tinder now requires facial verification for all new California users, and Match Group stores encrypted face maps permanently.
MediaForEurope's €1.8bn ProSiebenSat.1 takeover has triggered the sale of ParshipMeet Group, which operates dating brands in 25 countries.
Tinder's 2024 revenue was $2.06B, up 1%, while paying subscribers fell 7%, per Match Group. YPulse says 79% of Gen Z singles feel burnt out on apps.
Global Dating Insights has confirmed four events through 2027, in New York and London, a 24-month window, but has not announced speakers, venues or pricing.
Match Group is testing daily match limits on Tinder, according to TechCrunch, as Cerca's four-a-day model draws 85,000 downloads in six months.
Spark launched in-chat venue booking in Singapore and Thailand, targeting $1.5M in annual revenue from subscriptions and 10-15% venue commissions.
Knot.dating claims operational profitability within six months of launch, with women 60% of paying subscribers, according to its founders.
Grindr is in talks to go private at a roughly $3 billion valuation after lender Fullerton Financial Holdings seized shares from its majority owners.
A Credit One Bank survey says one in five Gen Z and Millennial singles want credit scores on dating profiles. Its methodology was not disclosed.
Grindr CEO George Arison says rivals' paywalls of £20-40 a month are pushing Gen Z off dating apps, in comments to Bloomberg.
Grindr has named John North, formerly CFO at Copart, as its new CFO, replacing Vanna Krantz, in a move that points to a focus on profitability.
Hinge now removes individual photos, prompts or videos that break guidelines instead of suspending accounts, but has given no data on safety impact.
AI dating startup Gigi has pivoted to professional networking, with founder Clara Gold saying successful matches mean users delete the app.
Senators Blumenthal and Johnson have given Match Group until 15 October to document fraud detection on Tinder, Hinge and OkCupid, citing algorithmic design.
Hundreds of Southeast Asian scam compounds use trafficking victims to run romance fraud, the UN says, and replay attacks are defeating dating app selfie checks.
Meta says it has no current plans to launch Facebook Dating in Australia, despite 15 million local users, sparing Match Group and Bumble a new rival.