India

Match Group announced some changes in key leadership and company structure in light of its new focus on the Asian market.

As U.S. and European markets make up the bulk of revenue for Match Group, the company sees great untapped potential in Asian markets, where young single populations are booming. According to Tech Crunch, there are more than 400 million singles in Southeast Asia and two-thirds have not tried a dating app.

Match Group is focusing on Japan, Taiwan, India, South Korea and Southeast Asia with three new general managers hired to oversee expansion in these areas. One manager is Junya Ishibashi, who will become general manager of Match Group for Japan and Taiwan. Taru Kapoor will be general manager of Match Group India, and Lyla Seo is now GM of Match Group for South Korea and Southeast Asia.

Bumble made headlines this year when it announced plans for an expansion into India. Though the Indian market is large and tech-savvy, western dating apps have struggled to find a foothold. India’s traditional approach to courtship has raised concerns about whether online dating has a place in a society with a history of arranged marriages, class divides, and parental oversight of relationships.

A recent survey by Indian dating app Woo reveals the ways centuries of conservative values continue to affect singles in the country. According to the data, the gender divide on dating apps is immense. Only 26 percent of users are female, while 74 percent are male - in other words, there are nearly three times as many men as women on online dating platforms in India.

For comparison, women are slightly more than 40 percent of the user base on dating apps like Bumble and Tinder in the United States. Users in the US also differ from users in India in their reasons for joining dating services. Many Americans are comfortable openly using dating platforms for hookups and casual dating, but in India, dating app users say they have more serious goals.

Bumble has a lot on its plate these days, including a potential IPO, expanding its service to India, and becoming a content creator as well as building a “kind social network.”

The Wall Street Journal interviewed Bumble CEO Whitney Wolfe Herd about the female-friendly dating app, which has recently styled itself as a social media platform that promotes safety and helping women build relationships.

Bumble has been in the news lately because it’s rumored to be eyeing an IPO before the end of the year, with a $1.5 billion valuation. This could mean big news for the app, which competes with behemoths Tinder and more recently Facebook. Still, Bumble has managed to grow to 40 million users, up from 12.5 million in February 2017, which is significant growth compared to its competitors.

Image: BFA.com/Zach Hilty

Bumble announced the launch of its female-friendly app in India with a celebrity dinner at the Gramercy Hotel in New York.

CEO Whitney Wolfe Herd joined Indian actress Priyanka Chopra, who just partnered with Bumble to bring the app to her home country. They hosted a dinner for women of Indian heritage who are at the top of their respective fields to celebrate the launch.

According to Forbes who reported on the event, attendees included Vanity Fair’s Radhika Jones, Hillary Clinton’s former political staffer Huma Abedin, Teen Vogue’s Samhita Mukhopadhyay, Saks Fifth Avenue’s Roopal Patel, fashion designer Anita Dongre, and Girls Who Code co-founder Reshma Saujani. The Daily Show’s Aasif Mandvi was also in attendance.

Bumble is on track to debut in India later this year, with an unexpected investor and advisor by its side: actress and philanthropist Priyanka Chopra.

"I've always believed that investing in women is key to social transformation and economic growth,” Chopra explained in a statement released by Bumble. “Women want love, they want friendship and they want to find a career, and that's the uniqueness of what Bumble delivers.”

“I’m inspired by the real, positive change Bumble is creating and I’m proud to have the opportunity to contribute to this movement as a partner,” she added.

In much of the world, dating services like OkCupid and Tinder are openly used for hookups. It’s a reputation some have tried to shake, but many tolerate and others have even embraced. It’s 2017 - that’s just how people date.

Unless, that is, you’re dating under the watchful eye of the Indian government.

Authorities in India plan to enact regulations that prevent singles who aren’t interested in marriage from using matrimonial websites. The new rules will require websites to keep IP address records, and require users to upload documents proving their identity. A government official told Bloomberg that the regulations are designed to ensure the websites aren’t being “misused.”