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Whitney Wolfe Herd Returning to Lead Bumble

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  • Friday, February 21 2025 @ 04:38 pm
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Bumble founder Whitney Wolfe Herd announced that she will be returning to the company as CEO in March.

Wolfe Herd left the position early last year and Lidiane Jones, the former CEO of Slack, took the reins at Bumble. Jones oversaw a major reboot of the app which deviated from its original female-first approach, allowing men to message women first. During her tenure, the company went through staff layoffs and a significant drop in stock value as well.

Jones said she was leaving “for personal reasons” according to The Verge.

Hinge Offers Advice for the Busiest Season of Dating

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  • Thursday, January 30 2025 @ 01:19 pm
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  • Views: 1,478

Dating app Hinge posted some advice on its blog to guide users heading into the busiest season for dating apps, from New Year’s Day until Valentine’s Day.

Hinge advises users to embrace a concept called “Dating Forward,” which means to focus on intentional actions to create the love life you want. Hinge’s Director of Relationship Science, Logan Ury said in the post to give your profile a refresh, which includes updated photos, trying out a new prompt on its app, and including your dating intentions so there’s clarity about what you want in a relationship.

There are also other tips Ury offers for searching on dating apps, such as looking for potential in matches and agreeing to message and meet for a date to see where it goes before discounting them because they don’t match your ideal.

Tinder’s Year in Swipe Report Shows Interest in Serious Relationships on the Rise

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  • Friday, January 17 2025 @ 07:10 pm
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  • Views: 753
Tinder Vision Board

Tinder released its annual Year in Swipe study, and while the company has struggled in recent months to attract new paying users, many are still turning to the app to find serious relationships, not just hookups.

“Looking for…” was Tinder’s top bio mention in 2024 according to its global data. The company also found that a majority of singles – 53 percent of men and 68 percent of women – want a romantic relationship. But they are doing more than posting this desire in their bios. Nearly 20 percent of 18-to-30-year-old daters said they are creating vision boards to manifest their ideal relationship in 2025 (assisted by Tinder’s new interactive vision board tool that can be shared with friends and family).

Tinder CMO Melissa Hobley told Mashable: "I'm seeing — I think a lot of people seeing this growing frequency of people say, 'Do not talk to me if you're not looking for something serious.'"

Bumble Has C-Suite Shake Up as the Dating App Industry Struggles

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  • Wednesday, January 08 2025 @ 09:13 pm
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  • Views: 780

The CFO and CMO of Bumble have announced their departures for early 2025, a shakeup for the dating app company.

According to Seeking Alpha, Bumble’s Chief Financial Officer Anu Subramanian will continue in her role until March and Chief Marketing Officer Selby Drummond will leave in January. The company has started a search process to replace Subramanian, who joined the company in 2020 and led it through its initial public offering.

According to Tip Ranks, the moves caused the share price for Bumble to increase, but overall the stock has declined almost 40% just in the last year.

Match Group Stock Takes a Tumble Amid Earnings Reports

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  • Tuesday, December 10 2024 @ 10:00 pm
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  • Views: 464
Match Group Stock has Tumbled

The share price of Match Group Inc. dropped after a disappointing third quarter earnings report, signaling that consumer interest in paying for dating app subscriptions continues to wane.

According to Business Insider, Match Group shares dropped more than 18 percent after the company reported that paying users on its most popular app Tinder fell 4 percent in the third quarter from the same time period last year, to $9.9 million. The revenue decline for Tinder has been continuous the past few quarters, and Match Group says it expects this slowdown to continue in the fourth quarter.

Hinge continues to be the star of Match Group’s offerings, growing 36 percent year-over-year, though its userbase is still a fraction of Tinder’s.

Young Singles in India are Turning to Bumble for Work and LinkedIn for Dates

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  • Thursday, December 05 2024 @ 02:19 pm
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  • Views: 625

Young singles in India are turning to new and unexpected platforms to expand their networks, including LinkedIn for dating and Bumble for finding a job.

According to India Today, a recent survey from DatingNews.com found that 61 percent of respondents aged 35 to 40 said they have found their dates on LinkedIn. And 52 percent aged 20 to 40 said they looked to apps like LinkedIn to find dates.

Traditionally, LinkedIn has been a networking platform for careers, but lately people have been turning away from dating apps and gravitating to other social platforms, and especially to LinkedIn. At first, this trend was being reported in the US, but now it seems to be global.

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