Bumble

Seniors are a growing demographic of online daters, and they are flocking to popular dating apps, including Tinder, according to a recent study.

Independent insurance group Choice Mutual found that about one third of seniors who have dated in the last five years have looked to dating apps to meet people. In addition, two thirds of those using dating apps have found relationships with someone they met through the platforms, according to Forbes. 

Some top choices of apps were Tinder, Match and Hinge, with 35 percent of respondents saying Tinder was the platform where they met the person they were dating. Twenty-eight percent said they had the best luck on Match, 25 percent had found someone either on Hinge or Plenty of Fish, and 24 percent had found their significant other on Bumble.

Dating app Bumble exceeded analysts’ expectations when the company reported its first quarter earnings, with revenues and new subscriber numbers significantly higher than what was initially predicted.

Revenue for the dating company rose 43 percent from the same quarter in 2020 to $171 million, up from $79.1 million this time last year, beating expert estimates and even the company’s own predictions. According to Marketwatch, Bumble shared that the number of total paying users also rose significantly, up 30 percent to 2.8 million compared to 2.2 million from the first quarter of 2020. 

This past quarter was also good for Bumbles other dating brands like Badoo. Revenue for them increased year-over-year to $58.1 million.

Image: Bumble

Dating app Bumble has released a new safety guide for online daters in India to address safety issues and the rise of cyber bullying, which are rampant on online platforms.

The guide is part of a new initiative called “Stand for Safety” according to The Hindustan Times. The move is in partnership with Safecity, which helps women across the country to identify, prevent and combat abuse on online platforms. 

Bumble conducted a survey among its users in India and found that 83 percent of women experience online harassment of some kind, and one-third of women experience it at least weekly. Almost 70 percent feel that cyberbullying has also increased since the pandemic took hold and lockdowns began. These numbers alarmed company executives, whose mission it is to improve safety for women on its platforms, so they decided to take action by publishing the guide. 

Dating app Bumble just launched Night In, a new game feature that matches can play on a virtual date. In addition, the female-friendly dating app has revamped Boost, its mid-range paid service that now allows users unlimited swipes, “backtracking” and match extensions. 

Night In is an in-app game that’s meant to operate as an ice breaker. The feature provides a series of trivia questions that you and your Bumble date can answer together on a virtual date, according to The Verge. Bumble users can access Night In using the new icon in a chat message, where they can schedule the date ahead of time (as long as it’s between 6pm and midnight). Both participants will receive notification reminders ahead of the date.

Dating app Bumble just reported revenue in Q4 of 2020 that exceeded expectations, prompting shares to jump as high as 5 percent. This news comes on the heels of the company’s stock market debut.

The company reported revenue of $165.6 million in the fourth quarter, a 31.1 percent increase for the first earnings report since the company went public, according to Reuters. (Analysts had originally expected revenue of $163.3 million.) Bumble expects the current quarter to generate between $163 million and $165 million as well. 

Reuters also reported that Bumble attributed the fourth quarter success to daters having “pent-up demand” for in-person dates again after a year of lockdowns in the wake of a global pandemic. They expect their numbers to grow as more people get vaccinated and restrictions are lifted.

Image: Bumble

Female-forward dating app Bumble said it will ban users who engage in body-shaming on the app.

The company said that it’s employing an algorithm that identifies and flags users engaging in derogatory language that is “fatphobic, racist, or homophobic,” according to The Guardian. Once these accounts are flagged, moderators will analyze the conversation to determine whether the user violated the new policy. If they are determined to have used inappropriate language, they will receive a warning, and if they engaged repeatedly in such language or hateful rhetoric, they will be banned.