Tinder

New users are downloading and registering for dating apps every day, and business is booming for the $5.61 billion-dollar industry, despite a recent decline in subscriptions for Tinder.

According to new research gathered from website Cloudwards, 1 in 5 U.S. Internet users are also using a dating app. In fact, the total number of dating app users grew to 366 million worldwide in 2022 alone, up from 240.9 million in 2016 and 323.9 million in 2021.

Gen Z daters seem to have a stronger preference for Tinder, which is the most popular dating app in the U.S. Tinder has a reputation that it’s mainly for singles who aren’t looking for anything serious, and Gen Z daters are on these apps to look for friendships and casual relationships as much as a partner. However, in recent months, Tinder’s new CEO Bernard Kim seems to be taking the app in a new direction and focusing on attracting more serious daters, including testing a new $500 VIP service called Tinder Vault.

A new strategy that’s gaining steam among organizers is using dating apps to reach out to potential voters ahead of crucial U.S. elections.

According to The Guardian, encouraging young voters on dating apps to go to the polls on April 4th was an important strategy in the race in Wisconsin for a State Supreme Court seat, where youth votes ensured a victory for a Democrat-backed justice in the face of increasing rollbacks of rights regarding abortion and education.

In a report from Vanderbilt University in 2020, researchers found that 31 percent of millennial respondents were using online dating services even more than before the pandemic, and an even larger percentage of Gen Z singles were turning to dating apps to meet people. At the same time, they are increasingly resistant to phone calls and texts from organizers and campaign staff, especially as they get bombarded around election time. Dating apps are a way to casually engage their commitment.

Tinder has confirmed it is testing a new ultra-premium service priced at $500 per month, tentatively called Tinder Vault.

According to Fast Company who broke the story, Tinder Vault is offering different perks for the price point, including a 24/7 Concierge Service for those willing to pay. The details about the service are still vague, and the company said they might not offer it if there isn’t the demand, but that remains to be seen.

Tinder’s chief product officer Mark Van Ryswyk said in an interview with Fast Company that the feature is still “in its early days,” and that Tinder could even end up drastically cutting the price. There was no word on when the company plans to release the service more broadly.

Australia’s Communications Minister Michelle Rowland has ordered the country’s top ten dating app services to hand over information on sexual violence reports, including Tinder, Bumble and Grindr.

According to Australian Associated Press, the information will include reports on “the extent of harm being experienced by users” as well as the safety protocols of these apps. Rowland has also requested data on the number of reports the app companies have received in regard to sexual harassment and abuse among users on these platforms, including during a message exchange or after a date.

Each dating app company is also required to share its protocols for preventing banned users from returning to the app under a new name and account, as well as the actions it has taken in response to reports, including police referrals or other services provided to users, according to AAP.

Single men are increasingly turning to Open AI’s ChatGPT and other AI chat bots to write their dating profiles and send messages to matches on dating app Tinder.

According to Vice, Facebook’s leaked AI tool LLaMA was being tested by dating app users against the popular ChatGPT, both of which can be used to help craft profiles and message matches. And recently, Open AI released ChatGPT4, the newer and more comprehensive version of ChatGPT which took the world by storm.

So far, LLaMA has no guardrails in place so users can experiment as they see fit. ChatGPT 4 is already being used to create text for Tinder profiles and give tips to users for gaining more matches.

Facebook originally made the AI available to researchers and approved other parties, but the tool appeared in 4Chan after a user leaked it on the forum, according to Vice.

Tinder has announced two significant new features it is rolling out, including highlighting relationship types (including non-monogamy) and allowing members to display their pronouns on their profiles.

With the new update, Tinder users will be able to choose from a variety of terms to describe their relationship type, and it will display prominently on their profile just under their name and age. They can choose from descriptions like “monogamy,” “ethical non-monogamy,” “open relationship” or “open to exploring,” for example.

According to the press release, Tinder is making this shift to put relationship types more front and center, since it found that 41 percent of Gen Z users are open to non-traditional and non-monogamous relationships. This feature complements the Relationship Goals feature the company rolled out last year, which gave users the ability to specify if they are searching for “Long-term,” “short term” or long-term, open to short-term” among other types, like “just figuring out my dating goals.”