Tinder

Image: Hinge

Match Group announced in its first quarter earnings report that Tinder’s paying users were down for the sixth quarter in a row, but Hinge’s paying users continue to rise.

According to Tech Crunch, Hinge has seen a whopping 31 percent increase in paying users year over year, now up to 1.4 million. This is far less than Tinder’s 10 million paying users, but as Tinder continues on its downward trend, its paying users dropping 9 percent from this time last year, Hinge offers a beacon of hope.

Dating apps in general have struggled in the last year, and companies like Match Group and Bumble have been trying to address it with more exciting paid features and additional security protocols, like Verification on Tinder. However, dating app users continue to drop their subscriptions and opt not to pay for features, especially younger users who are turning to free platforms like social media apps to connect.

Dating app Tinder continues to lose paying subscribers according to Match Group’s latest earnings report. Match Group’s overall revenue for Q1 has been impacted by Tinder’s ongoing struggles, but it continues to hold strong in the dating app market overall.

According to Fast Company, Match Group said that Tinder’s paying user base for the first quarter fell 9 percent from the same quarter last year. The company’s CEO Bernard Kim remained optimistic, saying that they expect to slow user declines in the second half of the year.

However, Match Group’s revenue is up, with net income at $123.2 million for the first quarter of 2024 compared to $120.8 million this time last year, according to Marketwatch. Revenue rose 9 percent for the company to $859.6 million, compared to $787.1 million the same time last year. (Match Group revenue also beat overall analyst expectations of $855.8 million.)

Tinder and Hinge announced new features to ramp up safety for their users, including sharing date details with family and friends and filtering unwanted language from comments and messages.

Tinder’s new safety feature Share My Date allows users to share date plans they make with their family and friends for additional safety, including details like location, date and time along with their match's photo. They can do this using the feature up to 30 days in advance, according to USA Today.

While Tinder says about 30 percent of its users already share this information with close friends or family, it makes it much more convenient and top-of-mind to be able to share via the app.

A new study from the research team at Mozilla has found that dating apps are collecting and selling more information than its users might be aware of.

According to The Washington Post, Mozilla found that 80 percent of the dating apps they reviewed – which include popular apps like Tinder, Bumble, and Hinge among others – may share the personal data of users with their advertisers. In fact, the privacy policies that users must agree with to use these platforms make it clear that their personal information could be sold. But how many are reading the fine print?

Spark Networks’ privacy policy was particularly specific and alarming for its apps JDate, Christian Mingle and Elite Singles. It stated that the apps might collect “sensitive information” including political affiliation, union memberships, and your “sexual preferences and experiences,” according to the Post.

A new report from the Bureau of Alcohol, Tobacco and Firearms (ATF) has found that people are using apps like Facebook, TikTok and dating app Tinder to traffic guns.

The report released in early April found that between 2017 and 2021, a larger percentage of guns were trafficked over online platforms like these than were sold at gun shows, according to The Washington Times.

The ATF investigation found a number of illegal ways people could obtain firearms, including 3.6 percent of illicit sales from online marketplaces like eBay, Craigslist, and OfferUp, 2.7 percent via social platforms like Facebook and Instagram, and 1 percent through social apps like WhatsApp, TikTok and Tinder.

LinkedIn is having a moment with romance. In a recent study, more than half of singles are turning to the career networking platform to find dates.

According to Dating News, a majority of 61 percent of singles aged 35 to 40 found dates on LinkedIn. Overall, 52 percent of all respondents ages 20 to 40 have found their dates on the business networking platform, highlighting its unexpected new role.

Interestingly, the second-best way that people say they are finding dates (48 percent) is through being set up on blind dates. Only 45 percent of respondents reported finding luck on online dating sites in comparison.

Older daters are more apt to have successfully met people via dating sites – half of respondents between 35 and 40 years old said they have met people on dating sites compared to only 33 percent of people between 20 and 24 years old, according to Dating News. Gen Z appears more open to meeting people outside of dating sites than Millennials, who came of age when dating apps launched and tend to gravitate to those platforms.