Dating Services

Bumble is expanding its suite of apps with the acquisition of Official, an app that helps people improve their relationships through check-ins and date planning, according to Fast Company.

Networking and friendship building are already part of Bumble’s platform, and Official adds to the mix to encourage couples to better communicate and set intentions in their relationships.

Official will remain a standalone app for now instead of being folded into Bumble’s app, though CEO Whitney Wolfe Herd told Fast Company that there were opportunities for the two platforms to “collaborate.” Couples who met on another app will also be able to sign up for Official, which means joining Bumble’s userbase. With the addition of Official, Bumble is seizing on an opportunity to keep people on its platforms even after they’ve met and formed a relationship.

Dating app Tinder announced it will be removing social media handles from user profiles and has revised community guidelines to prevent users from advertising and self-promoting. It will also request that users not share private chats in public settings.

The dating app company said in a press release: “Tinder is not a place to promote businesses to try making money. Members shouldn’t advertise, promote, or share social handles or links to gain followers, sell things, fundraise, or campaign.”

Self-promotion has become an issue on its platform according to Engadget. To curb this kind of behavior, the company said it will be removing social handles from public profiles and prohibit the sharing of other promotional information such as links to online stores or websites.

Image: Bumble

Bumble has launched a suite of new self-care badges and prompts in time for Mental Health Awareness Month.

The new Profile Prompts and Interest Badges help people highlight and talk about their mental health and self-care practices, according to the company’s press release. The Profile Prompts are available in Date Mode, and users can select from two: “My mental health game changer was…” and “I’m prioritizing my mental health by…”

The new Interest Badges are intended to highlight what self-care is important to a user, and potentially spark further conversation. These include badges for Therapy, Mindfulness, Deep Chats, Nutrition, Sleeping Well, and Time Offline. These badges can be removed or switched out at any time for other interests, and users can add up to three at a time to their profile, according to Bumble's release.

Grindr has launched a web version of its popular LGBTQ+ dating app, allowing people the choice to see more profiles at once and larger photos of potential matches.

According to an exclusive report from Fast Company, the new desktop version will be available to paying users, and will show six profiles on one screen as well as a chat box to message. The web version also offers larger photos of each potential match.

Some Grindr users aren’t comfortable with having the Grindr app on their phones, so this new web version provides a way to use the service more discreetly. Users will still have to download the app on their phones to set up their accounts and subscribe to the service, according to Fast Company, but would be allowed to delete it after it’s established and use the web version going forward.

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.

Shares of Match Group stock rose following the company’s second quarter forecasts, despite the decline in earnings for Q1.

Match Group reported EPS (earnings per share) of 42 cents, beating the consensus of 41 cents, per Reuters. It’s also a 5 percent increase from the same period last year. Revenue however was $787.12 million for the quarter, below the expected $793.87 million, and a 2 percent decline from the same time last year according to Yahoo! Finance.

Paying app users decreased by 1.1 percent to 15.87 million, according to Yahoo!, but revenue per payer actually increased to $16.26, up from $16 in the last quarter, a hopeful sign.