Industry

The founder of Hinge, the fastest-growing app in parent company Match Group’s portfolio, says AI will change the game for dating apps.

McLeod spoke to the Financial Times about a range of topics, including Hinge’s success and where he sees it going, and the advances with generative AI. He noted that the key with AI and dating apps is continually “dialing up the sophistication of our matching algorithms” so that it continues learning about the nuances of preferences and delivering better results, according to The Financial Times.

“Every single time someone goes on a great date, we can look at all the information that led up to it, “ McLeod told the Times. “Everything from their profile information to their behavior on the app, to how many matches they had at the time that they met.”

Dating app Grindr has announced a strategic partnership with Ex-human to add an AI assistant to its platform.

According to Decrypt, Ex-human is a bit different from the familiar AI tools we’ve seen, which focus on answering fact-based questions. Instead, Ex-human is designed to engage in “emotionally resonant and meaningful conversations” according to Decrypt.

In fact, the AI model offers virtual companions like imaginary geishas and popular figures like Elon Musk. The companions are designed to show expressions and reactions to different prompts, so the user feels more engaged with the bot.

Epic Games, maker of popular game Fortnite, just won an antitrust lawsuit against Google for its Play Store practices. This outcome could be a gamechanger for app developers, who must rely on Google and Apple stores to get their apps out in the world.

According to Tech Crunch, a San Francisco court found that Google “willfully acquired or maintained monopoly power by engaging in anticompetitive conduct” as stated in the court filings. The jury determined Google’s liability, but a judge still has to decide what the final outcome will be.

The two companies will plead their cases in January to argue for how Google will need to adjust its Play Store policies going forward. Currently, the company takes a commission of as much as 30 percent of all purchases made via apps on its platform. The original lawsuit included Match Group among other companies, but all of them settled out of court apart from Epic Games.

Image: TInder

Dating app Tinder has released its new dating trends report for 2023, and one of the main findings of the Year in Swipe point to singles wanting a range of dating experiences, rather than being so focused on finding “the one.”

In other words, more singles were interested in their own dating journeys rather than the destination, with Tinder noting that there was a 5.5 times increase in users adding statements in their bios like: “Everything I do is for the plot.” NATO dating was also a big phrase – “not being attached to an outcome.”

Singles also said they embraced “main character energy” in 2023, alluding to stories they can share about their dating lives with their friends (and followers on social media). They said they looked at the dating process as a way of building a roster of new experiences and memories (to add to their personal stories), which took the pressure off outcomes. It also left room for “self-exploration through dating,” according to Match Group’s release.

Tinder and Hinge have recently released new ultra-premium subscriptions for what they called “motivated daters,” but a significant population of singles would rather not pay the steep price for a dating app experience. In fact, the more companies try to monetize dating app features, the more it seems to turn off daters altogether.

A recent report from Bloomberg found that people are gravitating back to in-person events like speed dating, which saw a 63 percent increase in participation this past year according to Eventbrite. And they are reluctant to pay the $500 subscription for Tinder or $60 subscription for Hinge, though Match Group has noticed an uptick in revenue since releasing the premium services.

According to Bloomberg, third-quarter downloads for Hinge were the app’s best ever and that 1.3 million of its users pay for a subscription. Bumble will be offering short term subscriptions as well as its own high-priced premium service in the coming months.

Grindr has become the most popular dating app in the U.K. among singles aged 54 and older, according to a recent study from Ofcom, the country’s communications regulator.

According to The Pink News, Tinder was still the most-downloaded dating app in the UK, with 2.5 million users, followed by Bumble at 1.7 million U.K. users. Grindr has grown in 2023, but it still captures only about 1.9 percent of the U.K. adult population, or 924,000 users. But as far as time spent on the apps per user, Grindr wins hands-down.

In fact, the average user of the gay dating app spent seven hours on it in May of 2023, according to Ofcom, compared to only one hour on Tinder, and a bit more than two hours for each Bumble and Hinge.