Statistics

In February, the FBI issued an alert about the increase in online dating scams, noting that dating app users were cheated out of about $1 billion in 2021 alone. The Federal Trade Commission (FTC) said reports of romance-led scams increased 80 percent during the same time. 

The FBI also received more than 25,000 reports of dating app-related fraud in 2021, according to USA Today.

The Netflix documentary about the Tinder Swindler has brought attention to the intricate methods that scammers use to romance people and lure them to give money or share sensitive information like a passport or banking information. In the case of the Swindler, he used money from other victims to fund his lavish lifestyle and move on to his next target. (Hint: if someone who wants to fly you on a private jet also asks you for $25,000, you should be suspicious!) 

The online dating market continues to grow in the wake of the pandemic, with expected revenue to increase to $4.5 billion US by 2025.

According to research firm Statista, the industry is expected to reach about $3.7 billion US this year (up from $2.86 billion in 2020) as more people join and become active users, in part due to global lockdowns. The pandemic has shifted attitudes towards dating apps, with more singles than ever before downloading and swiping.

Revenue has increased along with new users, as many of the apps are offering popular “freemium” pricing in addition to subscriptions. While the majority of users don’t want to commit to paying a monthly fee to join a dating app, they are willing to pay for certain features, like messaging, being able to see if someone already liked their profile, or putting their profile at the top of search lists. Offering these services as premium paid features has been a boon for dating apps, increasing overall market revenue substantially, especially during the pandemic.

Match Group, owner of the popular dating apps Tinder, OkCupid and Hinge, has sued dating app MuzMatch for Trademark infringement.

The online dating company said that MuzMatch, a British-based matchmaking app for Muslims, has copied their products and services, according to The Daily Mail. Match Group pointed to the use of the word “match” in the app’s metadata, which are keywords used by companies to make their products more prominent in Internet search findings. Match Group says that MuzMatch has included keywords like “match-muslim” and “uk-muslim-match,” which the company says are its registered marks that MuzMatch is co-opting for their own benefit.

MuzMatch rejects the allegations, saying that Match Group doesn’t have claim to the word “match.” The British company also has a U.S. copyright registration for the wordmark “Muzmatch” that has been in place since 2015, as well as in France and Germany.

Dating app Match has partnered with Candace Bushnell, the international best-selling author who inspired the Sex and the City series, to help its members find love during dating’s high season.

According to Tech Crunch, beginning on “Dating Sunday” January 2nd, the highest-trafficked day for dating apps, and through the following week, Candace is overseeing matches for the “Expert Picks” feature. Expert Picks allows users to take a quiz to receive hand-selected matches from Match’s team of experts, (including from Bushnell for the busiest week of the year).

"As the creator of Sex and the City, I know a catch when I see one," said Bushnell in a statement. "I can't wait to play matchmaker for Match members to help them get out on great dates and find the love they deserve in 2022."

Exploring your options and being “consciously single” top the list of dating attitudes going into 2022, according to a new study by dating app Bumble.

The company conducted a survey of its members to find out where they stand on dating compared to before the pandemic began, and to identify new trends and practices as we head into the high season for dating app users. The first Sunday after New Year’s has typically been the busiest day for dating apps, and Bumble expects this year to be no different. Rival dating app Tinder also expects Sunday January 2nd to be the busiest day for online dating in 2022, specifically between the hours of 7pm and 10pm.

Yahoo! News noted the highest volume of messages sent over dating apps in the US are typically exchanged from the first Sunday in January and throughout the month, tapering off before Valentine’s Day.

Match Group announced that the company will go carbon neutral by March of 2022 thanks to its purchase of offsets to carbon emissions, leading the way for dating apps to address issues of climate change.

The company announced the move in a press release, noting that it commits to offsetting its carbon footprint going forward, though the offset purchase made lasts only two years. Match Group invested in Hyundai Green Power Corporation, which captures and recycles waste gases to generate electricity through its Steel Waste Energy Cogeneration Project. (The site’s steel mill reuses waste gases and what remains is used by the project’s power plant.)  

When that energy is repurposed, it supplies power to the local grid in Dangjin, South Korea, instead of that grid relying on fossil fuels. This means a reduction of 1.8 million tons of carbon emissions per year, according to Match Group.