Match Group Stock Takes a Tumble Amid Earnings Reports

Match Group
  • Tuesday, December 10 2024 @ 10:00 pm
  • Contributed by:
  • Views: 505
Match Group Stock has Tumbled

The share price of Match Group Inc. dropped after a disappointing third quarter earnings report, signaling that consumer interest in paying for dating app subscriptions continues to wane.

According to Business Insider, Match Group shares dropped more than 18 percent after the company reported that paying users on its most popular app Tinder fell 4 percent in the third quarter from the same time period last year, to $9.9 million. The revenue decline for Tinder has been continuous the past few quarters, and Match Group says it expects this slowdown to continue in the fourth quarter.

Hinge continues to be the star of Match Group’s offerings, growing 36 percent year-over-year, though its userbase is still a fraction of Tinder’s.

Young Singles in India are Turning to Bumble for Work and LinkedIn for Dates

Bumble
  • Thursday, December 05 2024 @ 02:19 pm
  • Contributed by:
  • Views: 667

Young singles in India are turning to new and unexpected platforms to expand their networks, including LinkedIn for dating and Bumble for finding a job.

According to India Today, a recent survey from DatingNews.com found that 61 percent of respondents aged 35 to 40 said they have found their dates on LinkedIn. And 52 percent aged 20 to 40 said they looked to apps like LinkedIn to find dates.

Traditionally, LinkedIn has been a networking platform for careers, but lately people have been turning away from dating apps and gravitating to other social platforms, and especially to LinkedIn. At first, this trend was being reported in the US, but now it seems to be global.

Matchmaking App Cheers Launches in New York

Reviews
  • Tuesday, December 03 2024 @ 03:03 pm
  • Contributed by:
  • Views: 774
Cheers Matchmaking App

Cheers, a new matchmaking app founded by former Instagram engineer Sahil Ahuja, has launched in New York.

The new app is focused on building connections by offering a similar format to social platforms like Instagram, where users can add unlimited photos and videos to their profile (similar to social media apps), so other users get a feel for who they are. Cheers uses AI in some of its features as do most dating apps now, including for photo selection and to set up user profiles.

According to Tech Crunch, Cheers is differentiating itself from apps like Tinder and Bumble by offering posting features and friend-matchmaking in addition to romantic connections, leaning heavily into the social media model.

Posting Photos with Your Dog Could Boost Your Matches According to New Studies

Studies
  • Thursday, November 28 2024 @ 06:42 pm
  • Contributed by:
  • Views: 1,054
Single Man and his Dog

A new study found that men who post pictures with their dogs have a higher match rate on dating apps than those who don’t.

According to the journal Evolutionary Psychological Science which published the study, men who wanted long-term relationships also tended to pose with their dogs for dating app photos, compared to those looking for short-term flings, who were much more likely to pose with status symbols like boats or motorcycles, or show off their bare chests.

The study looked at 750 dating profiles, with 225 men and women each seeking long-term relationships, and 225 men looking for a casual relationship.

Dating App Feeld Launches New Magazine

Sex
  • Wednesday, November 27 2024 @ 02:50 pm
  • Contributed by:
  • Views: 778
Dating App Feeld Magazine
Image: Feeld

Feeld, a dating app created for people interested in threesomes, has now launched a lifestyle magazine to enhance the brand for its app.

AFM stands for both A *censored* Magazine and A Feeld Magazine, which will publish an array of stories about peoples’ sexual experiences in order to build community, according to The Atlantic. It features commissioned articles by controversial and notable writers like Daphne Merkin (author of the 1996 New Yorker essay on spanking which went viral), and Tony Tulathimutte (author of this fall’s critically acclaimed incel novel).

“We’ve always been uniquely resonant with creatives in our community,” Feeld CEO and cofounder Ana Kirova said to Elle Magazine. She goes on to explain that she hopes the publication will help get Feeld users creative about “specifying the sex or connection they are seeking.” She also notes that half the magazine’s content was produced by Feeld users.

Democrats Launch Ad Campaign on Grindr to Appeal to LGBTQ+ Voters

Grindr
  • Friday, November 22 2024 @ 01:47 pm
  • Contributed by:
  • Views: 900
Democrats Turn to Gay Voters on Grindr

The Democrats have launched a new series of ads on dating app Grindr to appeal to young LGBTQ+ daters, in hopes of turning out more votes ahead of election day on November 5th.

According to The Advocate, the targeted ads focus on the Republican party’s Project 2025, emphasizing that the document threatens LGBTQ+ rights. These ads urge people to vote against the extremist agenda. One ad says: “Project 2025 Rips Away Our Rights. Stop Republicans. Make a plan to vote at IWillVote.com.”

The Kamala Harris campaign has spent three figures on the ads, indicating the importance of the LGBTQ+ constituency to her success.

Page navigation