Types (Niche)

Major Australian news outlet ABC is providing tips for dating app users to prevent scammers from obtaining their personal information.

A report from the Australian Competition Consumer Commission’s (ACCC) Scamwatch came out that dating app users lost $38 million to romance scammers on dating apps across the country in 2022 alone, alerting officials to a growing problem. Many dating app users have no idea how easy it is to gather information about a person from what they post in their profiles, so ABC obtained tips from security experts to help raise awareness. 

According to associate professor at Central Queensland University’s College of Information and Communication Technology Ritesh Chugh, scammers don’t need access to a lot of information. If they have a couple of pieces, such as your full name or birthdate, that could be enough for them to do some damage. And even if you aren’t posting this information to your profile, there are ways they can obtain it.

After a rough patch at the end of November where the newly launched stock for dating app Grindr hit an all-time low, it is now looking more promising for potential investors.

Seeking Alpha reported that shares on November 29th opened at $8, reaching a high of $9 before falling to $6.52 in the late afternoon. The stock had only debuted on November 18, following its merger with SPAC Tiga Acquisition Corp which valued the combined company at $2.1 billion. Shares of the combined company rose over 500 percent before closing its first day at $36.50, but then plunged the next day and did not recover through the end of November and into December.

Grindr however released its third quarter earnings report in early December, noting that revenue for the quarter was up 32 percent year-over-year to $50.4 million, and year-to-date revenue was up to $140.5 million. 

OkCupid recently surveyed its users regarding their attitudes about dating going into 2023, finding that singles are more interested in open relationships and discussions about sex.

OkCupid had nearly 10 billion responses to matching questions in 2022 which revealed what singles will be looking for in 2023.

In addition to the pandemic’s impact on dating habits in general, younger daters are driving conversation around mental health, sober dating, and attitudes towards relationships and sex, according to OkCupid’s blog. Open relationships have been around for a while, but now young daters are challenging the stigma that has always been attached to them. Over the summer, OkCupid found that there was a 26 percent increase in mentions of “ENM” or “ethical non-monogamy” compared to the beginning of 2022, and a 42 percent increase compared to last summer.

Attitudes towards open relationships have shifted globally – with 30 percent of OkCupid users saying they would be interested in an open relationship (about 8.5 million singles), with Gen Z and Millennial daters being the most interested in ENM. The numbers are highest among European daters, with 49 percent of singles in Spain saying they would consider an open relationship, 46 percent in Switzerland, 40 percent in the Netherlands, 39 percent in Germany, and 37 percent in Italy. Brazil, Australia, and Canada had 35 percent, 34 percent and 31 percent of users interested in open relationships, respectively.

Tinder announced the launch of its newest feature Relationship Goals, offering users more clarity and insight into what potential matches are looking for.

Relationship Goals will be part of the user’s profile, where they can display their dating goals. Some of the choices offered in the dropdown box include whether they’re looking for a “long-term partner,” “long-term, but open to short-term,” “short-term, but open to long,” “short-term fun,” “new friends” or “still figuring it out,” according to Tech Crunch.

Each description comes with an added emoji and is displayed as a highlighted banner at the top of the user’s profile, above the “About Me” section. According to Tech Crunch, Tinder will also offer weekly prompts to users asking if their relationship goals have changed and to make that change on their profiles for more clarity and transparency, an acknowledgement that attitudes and goals shift over time.

Dating app Grindr launched its initial public offering in mid-November and saw its stock quickly soar thanks to enthusiastic investors, and despite the recent downturn of tech and dating app markets. The stock rose more than 400 percent after it launched.

According to MarketWatch, the stock debuted at $16.90 on Friday November 18th, and hit a high of $71.51 before noon. It then closed out the day at $36.50. The LGBTQ+ dating app merged with Tiga Acquisition Corp, a special purpose acquisition company, and debuted that day on the NYSE under the symbols GRND and GRND.WS. Unfortunately, a week and a half later and now the stock has trading as low as $7.63.

"Today marks an important milestone not only for the team at Grindr, but for the LGBTQ community we serve," said Grindr's chief executive officer, George Arison, in a statement reported by NPR. "We enter the public markets with momentum, carried by our market leadership, strong financial performance and significant growth runway as we step up investment in our core product and services."

Joel Simkhai, founder popular gay dating app Grindr, has launched a new queer dating app called Motto.

In an interview with NBC News, Simkhai said he launched the new app to “course-correct” the current culture of gay dating apps. He noted that many (including Grindr) have contributed to a rise in racial discrimination among gay daters, as well as contributing to feelings of body dissatisfaction and low self-esteem in regard to body image.

Motto provides features to counteract and prevent what Skimkhai called “toxicity” on gay dating apps, including requiring users to post photos with faces instead of the popular “headless torsos” that are prominent on apps like Grindr. He’s also limiting users to perusing 10 profiles per day, so they can take their time instead of endlessly swiping.