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Match Group announced the launch of its new gay dating app Archer on June 1st, just in time for Pride month.

According to Tech Crunch, Archer is a “social-first” dating experience specifically for gay, bi and queer men. The app is distinguishing itself from other gay dating apps like Grindr and Scruff by offering traditional social media features within the app.

For example, the app has interest tags that you can search, making the search process easier and allowing filters to be set. Free-form tags will be available post-launch, so users can customize their own interests. Most similarly to social platforms, users can follow one another, paving the way for similar features. (There are plans down the line to add a Stories feature, too.)

A new user survey from Hinge found that memes were fast becoming the best way to show affection for a match, as well as to display your personal sense of humor.

Almost three-quarters of the 2,000 users Hinge surveyed said they used memes to find out if they share a sense of humor with a match, and 60 percent said they want to get a sense of someone’s “meme humor” before going on a date, according to Mashable.

A vast majority – 93 percent – say that memes reveal a potential partner’s sense of humor, and almost as many consider a shared sense of humor an important factor in a relationship. And if you are worried about what meme to send or what someone’s sense of humor is like, don’t stress: 36 percent of daters said they feel more interested after receiving a meme from someone, even if they don’t think it’s funny.

According to a new study from Tinder, Gen Z singles say that they are changing a lot of the norms surrounding dating and relationships that were popular with previous generations.

The Future of Dating Report found that 75 percent of Gen Z respondents feel that they are challenging these norms that were “passed down to them,” according to Mashable. Tinder also noted that Gen Z, specifically users aged 18 to 25, make up more than half of its user base.

For one, Gen Z daters choose to respond quickly to messages as opposed to previous generations who would delay for fear of looking too eager. Instead of waiting for “the perfect time” to respond, 77 percent of Tinder users now respond to a match within 30 minutes, and 40 percent respond within five minutes, according to Relevant Magazine.

A study from The International Journal of Environmental Research and Public Health shows that there is a link between dating apps and a negative impact on mental health.

The research showed that there was a link between dating app usage and increased experiences of loneliness, dissatisfaction with life, and feeling excluded from the world, according to Scripps News.

This disconnect has been something that dating app users have experienced and lamented about over the years – specifically, that these platforms are meant to connect people but many of these types of connections can feel temporary or pointless because of behavior like ghosting. Part of the challenge with finding romantic partners on dating apps is that there is an overwhelming amount of choice, and many users feel tempted to keep looking, even when they meet someone they are interested in, which contributes to more behavior like ghosting.

New research shows that the global dating market is still growing, and is expected to surpass US $12.8 billion by the year 2032. Currently, the market is at US $7.3 billion.

Most of the CAGR (compound annual growth rate) will come from the Asia-Pacific market, where there is the largest young population. In fact, this region has 2 billion active internet users, accounting for 49 percent of the total population. India, Japan and China are seeing the most growth, especially with technology advancements and AI-driven matchmaking and dating services attracting younger users.

However in 2022, North America still brought in the most revenue share at 39 percent, followed by Europe at 25 percent, according to Yahoo! Finance.

Bumble beat analysts’ expectations for its first quarter earnings report, with user spending remaining strong despite concerns over inflation and a recession.

According to Reuters, Bumble saw strong user growth during the first quarter of 2023 as more people chose to pay for its features and subscriptions. The news sent the company’s stock up 7 percent in aftermarket trading.

Bumble reported revenue of $242.9 million for the first quarter of 2023, higher than analyst expectations of $241 million, according to Refinitiv data. Total paying users were a bright spot: Bumble reported 3.5 million paying users at the end of Q1, up from 3 million just a year earlier. Total paying users grew 31 percent to 2.3 million for Bumble.