Features

Bumble Revenue Exceeds Expectations and Shares Rise

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  • Friday, March 03 2023 @ 09:57 am
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Bumble surprised investors and analysts with its latest earnings report, which showed better-than-expected revenue in the last quarter of 2022. Shares of the company’s stock rose about 2 percent as a result.

According to Seeking Alpha, Wall Street analysts had expected fourth quarter revenue to reach only $235.9 million, but the company reported revenue of $241.6 million, up from $207 million in the same quarter the previous year.

Bumble also reported 3.4 million paying users during the fourth quarter of 2022, compared to 3 million in the same quarter of 2021. Total average revenue per paying user was about $23.01 for the fourth quarter of 2022, compared to 22.68 the year before.

Hinge Debuts New $50 Subscription Service

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  • Monday, February 27 2023 @ 09:14 am
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Dating app Hinge has launched its new top tier service HingeX for $49.99 per month. The company also announced changes to its current subscription tiers to provide more offerings at new price points.

Hinge had been testing its new premium service at different price points around $60, parent company Match Group revealed on an earnings call in January, as well as revising the current subscription model. Executives and investors have seen huge growth potential in the dating app and are focusing efforts right now on Hinge and star app Tinder.

Match Group had said that it was testing the new subscription model, but few details about features were given. Now we know that subscribers who pay for HingeX will have their profiles constantly boosted to attract more matches, according to Fast Company who broke the news, and will be seen sooner than other profiles by potential matches.

Rebel Wilson Launches New Dating App Fluid

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  • Friday, February 24 2023 @ 08:58 am
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Fluid Dating App Logo

Actor Rebel Wilson has announced the launch of her new dating app Fluid, designed to help daters find relationships that are about “love with no labels.”

The dating app allows users to set up their profiles without having to identify the gender or sexual preference of their potential partners, or to define themselves by a limited number of categories. According to Wilson, the app’s algorithm factors in the profiles you are spending more time on and serves up other profiles based on those, rather than filtering out potential matches according to sexual and gender preferences, allowing singles more opportunities to explore different types of relationships.

“This is the first dating app where you don’t have to actually define yourself or tick a box to say ‘I’m straight, I’m gay, I’m bisexual,’ and you don’t have to describe what you are looking for,” the Pitch Perfect star told People Magazine.

Tinder Debuts New Safety Features Including Incognito Mode

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  • Tuesday, February 21 2023 @ 12:54 pm
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Tinder Dating Safety

Tinder unveiled several new safety features, including “Incognito Mode” where users can control their visibility as well as how they interact with others on the app. The new features were rolled out February 6th to coincide with Safer Internet Day.

According to Tech Crunch, “Incognito” is a bit more advanced than just being able to hide your profile – users who opt for this feature can still Like and Pass on potential matches, but only those they have “Liked” will be able to see them.

The new feature is available for paid subscribers for Tinder+, Gold and Platinum members only.

OkCupid is Testing ChatGPT Questions for Its App

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  • Friday, February 17 2023 @ 10:08 am
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OkCupid is Testing out ChatGPT

OkCupid is testing ChatGPT questions to provide users of its app, harnessing the popular AI technology for itself.

ChatGPT has taken the world by storm, with millions of people testing its writing skills, so naturally daters are using it to chat with their matches over dating apps. OkCupid has often analyzed user behavior and preferences to choose new features to add, so now the dating app is sharing that it’s been sending out questions formulated not by people, but by the popular AI ChatBot.

According to Tech Crunch, the six questions generated by ChatGPT have already been answered more than 135,000 times, mostly by Gen Z users. In fact, 31 percent of Gen Z users on OkCupid said they don’t think that using AI to create a profile or message someone on a dating app is a violation of trust, according to Mashable.

The questions introduced by ChatGPT include:

Tinder Launches House Rules to Improve Safety Over App

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  • Monday, February 13 2023 @ 08:51 am
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Tinder Dating Safety Guide
Image: Tinder

Tinder announced the launch of its latest safety feature to address abuse over the app, dubbed “House Rules.”

Tinder users must agree to the list of house rules outlined in a 20-page safety guide before they can download the service. The guide highlights the app’s safety features, including photo verification, how to report and block abusive users, according to News.com Australia.

The guide also provides tips for dating in person, including advice to Tinder users to schedule a video call beforehand to “get a vibe for the other person” according to Global Dating Insights. It also provides tips like sharing details and location of the date with friends or family beforehand, and keeping track of drinks to avoid spiking.

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