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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Match Group, Bumble and Grindr signed an Australian voluntary code requiring harm detection and public safety ratings by April 2025, or face legislation.
Australia's voluntary dating app safety code becomes mandatory in 2026 if industry adoption and compliance fall short of government expectations.
Match Group and Bumble are expanding friend-finding features, which the analysis calls churn mitigation as Tinder average subscribers fell 8%.
Bumble faces a securities fraud suit alleging it misled investors on Premium Plus and its redesign, covering 10 February to 6 August 2024.
Feeld faces user complaints that growth has diluted its polyamory and kink community, raising questions about whether niche dating apps can scale.
Black and Asian dating app users get fewer likes and matches than white users with identical profiles, and algorithms can turn a 20% gap into 40%.
Tinder's new Take Action Center lets its 18 million US members register to vote, check status and find polling places in the app, with Vote.org.
Meme-based dating app Schmooze has raised $4M in Series A funding and is adding an AI dating coach and chatbot companion.
Northern Rail continues to block dating apps on its passenger WiFi under the Friendly WiFi scheme, saying the aim is to protect children.
The League is launching a hybrid dating model with in-person events at $250 to $1,000 per month, versus its $99 monthly app subscription.
Social Discovery Group, operator of Dating.com and Cupid Media, has earned US Great Place To Work certification, based on anonymous employee surveys.
Global Dating Insights is relaunching the Women in Dating networking group with a free event in London on 24 September.
Match Group's Tinder saw daily active users fall 10% year-over-year while stablemate Hinge grew 17%, according to Match's recent earnings materials.
Gaydar is co-launching KK Homme, a male-only sex party with KK Group, on 19 October. Tickets start at £150, a revenue move beyond subscriptions.
Hoodfishing, where users change their dating app location with paid features like Tinder Passport, is a revenue stream platforms do not disclose.
Bumble has expanded its WNBA New York Liberty deal with playoff game sponsorship and a singles event, as Q2 2024 monthly active users fell 4%.
79% of Gen Z singles use dating apps less than once a month, per Axios and Generation Lab, challenging Match Group's subscription revenue model.
Tinder's free Single Summer Series of in-person events has run for 12 months since May 2023, but Match Group has not disclosed retention data.
Analysts expect Bumble's Q2 revenue to be $273M, up 5%, but the stock has fallen 7.4% to $7.95 on fears of a full-year guidance cut.
US firm A Wave Matchmaking says demand from American men seeking partners abroad has surged, with international matchmaking estimated at $3.2bn globally.