New Studies Find Young Singles Incurring Dating Debt

Money
  • Monday, September 18 2023 @ 11:32 am
  • Contributed by:
  • Views: 633
Someone in financial debt from spending to much on dating.

Millennials and Gen Z singles are spending more money on dating, with some going into “dating debt,” where they are spending money on grooming, dinners out, gifts, and other related romantic expenses.

According to a new study by Lending Tree, 22 percent of millennials and 19 percent of Gen Z singles have begun to incur “dating debt.”

And another study by Credit Karma found that among daters aged 18-34, 29 percent said they’ve gone into debt for dating, including 21 percent who’ve said that debt exceeded $500 in one year. Twenty-nine percent admitted they had overspent in an attempt to impress their dates, while 19 percent said they did it to “seek intimacy.”

India Market is a Tough Sell for Muzz Dating App

India
  • Friday, September 15 2023 @ 08:08 am
  • Contributed by:
  • Views: 1,182
Muzz Dating Service

Muzz dating app, formerly MuzzMatch, has had a hard time growing an active userbase in India, despite the country having the third largest Muslim population in the world. Also, nearly 50% of India’s population is under 25 years, making the country the second-largest market for dating apps (after the United States).

Muzz is marketed as a matchmaking app rather than a dating app for Muslim singles, because as founder Shahzad Younas told Rest of World: ““We don’t date. We get people married.” The app however, is encountering safety problems concerning fake accounts and bots, a problem for all dating apps. But there are more issues to consider for a marriage-minded app in India, because dating app users have had their photos taken and used for other purposes.

One such high-profile incident happened in 2022, where a group worked to scrape photos of prominent Indian Muslim women and uploaded them to a dating app “listing them at ‘auction’ with an attempt to humiliate them,” according to Rest of World. This kind of behavior could become more common without specific protocols and safety measures in place.

Half of Grindr Staff Exits the Company

Grindr
  • Wednesday, September 13 2023 @ 09:44 am
  • Contributed by:
  • Views: 730

Nearly half of Grindr employees quit the company after they were given an ultimatum to return to work in the office.

Company executives announced the new workplace policy on an all-employee call in early August, and gave employees two weeks to decide whether they would agree to work in the office or hand in their resignation. Executives demanded employees relocate to one of the Grindr offices in Los Angeles, San Francisco, New York, Chicago, or Washington D.C.

According to CNN, 80 of Grindr’s 178 workers who had turned down the in-office mandate were forced to quit by the end of August. Most of these employees were remote workers, and many said that this would put an undue burden on them, including finding housing and schools for their children to attend in a new city.

Employees have also been vocal about Grindr executives using the new policy as a retaliatory tactic against employees, who only weeks before voted to organize a union, demanding fair wages and equal treatment for all employees. Grindr employees worked in partnership with the CWA (Communication Workers of America) to initiate.

Bumble Cracks Down on Ghosting and Doxing

Bumble
  • Tuesday, September 12 2023 @ 07:52 am
  • Contributed by:
  • Views: 1,176
Bumble Community Guidelines

Dating app Bumble has updated its community guidelines to crack down on bad behaviors like ghosting and doxing, as well as to cut down on bots.

Bumble is coming down hard on the issue of bots by banning actions like “artificially influencing connections, matching, conversations, or engagement through the use of automation or scripting,” according to Tech Crunch. The app has blocked more than 8.2 million fake and spam accounts this year using AI. The problem of bots is an ongoing one for all dating apps, and using AI as a tool to identify and block these accounts benefits users in the long run.

In its guidelines, Bumble added clauses prohibiting adult content on its apps, including language in profiles and attempts to “buy, sell, or promote sexual content” according to Tech Crunch.

Dating Apps Turn to Premium Pricing and Low-End Subscriptions to Increase Revenue

Finances
  • Friday, September 08 2023 @ 09:34 am
  • Contributed by:
  • Views: 986

Popular dating apps like Tinder, Bumble, Hinge and Grindr are trying new subscription pricing to continue to grow revenue, including premium pricing as well as discounts and short-term subscriptions for young Gen Z daters.

Dating app revenue has stalled in recent quarters, and to increase revenue and paying subscribers these companies are looking at out-of-the-box pricing. Match Group is especially motivated, as it has seen revenue drop the past few months while Bumble and Grindr are still seeing gains. Many are starting to offer premium services to highly motivated and more affluent daters, who are willing to spend $500 a month on a dating app if it means better, more curated matches.

On the other end of the spectrum, these same apps want to attract younger daters, specifically the Gen Z market. Match Group is starting to offer short-term weekly subscriptions for those singles who don’t want to commit, as well as discounted pricing to encourage young daters to pay for subscriptions, instead of just opting for the free service and paying for certain in-app features as needed.

Tinder Releases Safety Guide for College Students

Tinder
  • Wednesday, September 06 2023 @ 11:11 am
  • Contributed by:
  • Views: 940
Campus Crush Dating Guide

In time for students headed off to college, Tinder has released a new safety guide to help them navigate dating on campus.

According to Campus Safety Magazine, Tinder sees the highest number of new eighteen-year-old users in August and September when the school year begins. And while freshmen are excited to meet new people and date, dating violence is common on college campuses. Tinder wanted to take a proactive step and provide some guidance.

Tinder’s “Campus Crush Dating Guide” provides advice to help users meet people and date more safely, including knowing their self-worth and what they want from dating. The app points out the large number of users on college campuses, and encourages users to write complete bios, post at least four photos, and list their interests (with an emphasis on music preferences), so that they can attract the right matches.

Page navigation