Dating Services

Match Group shared in an exclusive interview with Marketwatch that they expect its dating app Hinge to triple its revenue by the end of the year.

Analysts shared that they are optimistic about the dating app’s prospects too, with 6 million monthly active users and about 400,000 subscribers. Hinge has the opportunity to add more paid features and can raise subscription prices as ways of increasing revenue among its so-called “premium” customer base of high earners. According to Marketwatch, Morgan Stanley analyst Lauren Cassel said, “we believe Hinge is Match’s next major revenue and earnings growth driver.”  

Match Group criticised Apple's App Policies

Match Group CEO Shar Dubey recently voiced criticism of tech giant Apple’s policies in regard to their app store.

In an interview with Axios, she claimed that the way the store operates is “inconsistent and unfair” in terms of the percentage of revenue Apple takes from every app store purchase (30%). While this is definitely a disadvantage for Match Group’s revenue stream, Dubey pointed out that consumers lose, too because they don’t have as much choice as they otherwise would have.

When Match Group customers have issues with subscriptions or billing, they have not been able to help them directly either, and instead have to refer them to Apple for any refunds or payment issues. In other words, it creates a big headache for customers who would rather just deal with one company in one interaction, rather than going back and forth.

A new study by dating app Hinge found that since coronavirus lockdowns began, people are dating more and ghosting less often than before.

The company surveyed users about their dating habits since they have been sheltering at home in the wake of the coronavirus spread, and found that 27% reported ghosting less often than they did before the pandemic. In contrast, a 63% majority of those surveyed admitted to ghosting people before the pandemic.

Dating app Match has launched a timely feature for these times. “Dates” allows users to share their social distancing practices and what they feel comfortable with from video chats to meeting in person.

The spread of the coronavirus has impacted societies across the globe and forced people to stay in their houses instead of gathering together, which has impacted dating. Many singles turned to dating apps for connection and to meet people virtually, and a number of apps launched video chat features to keep people connected. Match however is being proactive as we start to go out by offering tools to help people navigate meeting each other in person, since there are different levels of comfort people have right now in getting together.

Tinder’s popular original interactive series Swipe night will debut In India this month, almost a year after its initial U.S. debut.

India’s Tinder subscribers were supposed to see Swipe Night earlier this year in the spring, but the coronavirus pandemic delayed the premiere until now according to Gadgets 360. The premise of the series centers around the apocalypse, and Tinder didn’t think it was the right time for the subject. India is still dealing with 90,000 new cases of the virus each day, more than any other nation, and is one of the hot zones for virus spread, along with the U.S.

Dating app Match has debuted a new feature called Vibe Check in April, allowing users to connect instantly via in-app video chat.

The Vibe Check icon appears when two people like one another or start messaging each other and after each agrees to the terms and conditions of Vibe Check, according to Match. When they are in the messaging center, they can select the video icon on the top right corner of the screen, which gives them the option of starting a live video chat with that match right away. Their match can either accept the invitation and begin chatting, or they can decline if it’s not a good time.