Tinder

New research has shown that the dating app market, once booming after the pandemic, has started to show signs of slowing down.

According to Tech Crunch, research firm data.ai found that global downloads of dating apps saw very tepid growth year-over-year in January 2024. The slight increase of 1.9 percent (128 million installs) from January 2023 was down drastically from the 29 percent increase seen the year before.

In the U.S., data.ai found only a 2.38 percent year-over-year growth from January 2023 to January 2024, with 12.7 million installs, down from a 16 percent growth seen during the same time period last year.

The U.S. market is one of the largest and most lucrative for dating apps, but Pew reported last year that only three in ten U.S. adults had ever used a dating app or online dating site, the same percentage that was reported in 2019. This was surprising considering how dating apps took off during the pandemic and the years immediately following.

A federal lawsuit was filed in a San Francisco court against Match Group, alleging that the dating app company creates apps that hook users with promises of love, and then push people to pay money to keep swiping.

According to NPR, the lawsuit was brought by six plaintiffs in New York, California, and Florida, alleging that Match Group “gamifies” its apps to “transform users into gamblers locked in a search for psychological rewards that Match makes elusive on purpose.”

Match Group owns popular apps Tinder, Hinge, Match, OkCupid and The League, among others.

The lawsuit goes on to claim that Match Group’s apps are designed to turn users into addicts who keep swiping; and keep purchasing subscriptions and paid features to be able to keep searching for matches. The plaintiffs also claim that the company has violated state and federal consumer protection laws and engaged in false advertising.

Image: Tinder

Tinder has updated its community guidelines with AI-based warnings that detect problematic messages and behavior of users and issue warning messages to adhere to the community guidelines, or they will be removed from the app.

The new warnings, according to Tinder’s press release, center around three categories: authenticity, respect and inclusivity.

The warnings come as an update to the Community Guidelines, which serve as the basis for expected behavior of users on the app. They aim to protect users against harassment, and “advertising and impersonation,” according to the release.

Some dating app users are becoming creative in their frustration with matches they are served and have started using hacks to trip up the algorithms behind the matching.

According to a recent feature in The New York Times, these hacks are aimed at besting the algorithm so that users can try and access different results. The tricky part is, the dating apps are putting more and more features behind a paywall, so it’s getting more convoluted to try and get around the algorithm.

But some dating app hackers are finding success and posting their methods on TikTok and Reddit. For example, some users recommend deactivating and then reactivating your account to get a fresh set of matches, according to The New York Times. Some have also suggested rejecting a bunch of attractive profiles to throw off the matching process, or to switch your location to a different city, which is like pressing “refresh” on your matches.

Match Group released its first quarter revenue forecast, falling below Wall Street analyst expectations as users continue to cut back on their dating app spending.

According to Reuters, the company also authorized a $1 billion share buyback plan.

The company, which owns Tinder, Hinge, OkCupid and Match among other dating apps, said paying users declined 5 percent in the fourth quarter of 2023 compared to the previous year, to 15.2 million. It expects revenue between $850 and $860 million for the first quarter, down from analysts’ forecasts of $867 million on average, according to Reuters.

Bumble has shared the best time to be on a dating app – down to the exact hour. According to the popular dating app platform, being on the app on Mondays between 7pm and 8pm in the U.S. and between 8pm and 9pm in the U.K. will boost your chances of matching.

The dating app shared that these are the busiest times with the most people active on the app - and will give you more opportunities to match and set up dates. Other good times to be active on the platform is Tuesday evenings at 9pm, Thursdays at 7pm, and Sundays at 5pm, according to recent user data.

Dating Sunday (the first Sunday in January following the holidays) might be the busiest day of the year for online dating. But on a regular basis, searching for potential matches on the weekend won’t yield the same results as looking during weekday evenings. More people are with friends and family (and on other dates), and only log back in after work during the week to match with more people.