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Executives of Chinese Dating Platform Arrested for Embezzlement

China
  • Wednesday, July 27 2022 @ 11:09 am
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Executives at Baihe Jiayuan Network Group, an online dating subsidiary of conglomerate Fosun International, a pharmaceutical giant in China, were arrested on charges of embezzlement.

According to the South China Morning Post, the executives were found missing which led to reports of their “disappearance,” sparking rumors across social media platforms. Fosun’s anti-graft department had discovered evidence during routine online checks of the company that the executives had abused their positions to commit the crime. The department alerted Fosun which reported the executives to Chinese authorities.

The report of the missing executives initially surfaced on Weibo, with a post sharing that the company’s top executives, including its CEO, chief operating officer, and chief financial officer, along with a number of vice presidents, had disappeared according to South China Morning Post. Local news picked up the story, so Baihe Jiayuan released a statement saying the executives were in custody and cooperating with authorities.

Google Sues Match Group, Aiming to Remove Tinder and Other Dating Apps from its Play Store

United States
  • Friday, July 22 2022 @ 07:36 am
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Google has brought a lawsuit against Match Group, announcing its intention to remove dating apps like Tinder, OkCupid and Hinge from its Play Store.

The move is part of a countersuit, according to Bloomberg. The dating app conglomerate joined other app developers in bringing a lawsuit against Google’s parent company Alphabet, citing unfair practices in Google’s Play Store, specifically the requirement that developers pay commission for every in-app purchase made by its users. Google settled with the developers to pay them $90 million to compensate for lost revenue over the years.

Match Group has filed lawsuits and complaints against Apple for similar reasons.

Match Group Acquires Exclusive Dating App The League

United States
  • Wednesday, July 20 2022 @ 09:30 am
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  • Views: 1,526
The League Home Page

Match Group has acquired The League, a dating app known for its exclusivity because you have to apply to join.

The news about the members-only dating app was disclosed by a Tinder spokesperson to Tech Crunch. The League has become popular among ambitious, career-focused people looking for a more exclusive dating app experience, and as a result the app grew a long waiting list with people vying for a place. The terms of the deal were not disclosed.

Match Group’s new CEO Bernard Kim sent an email to employees, sharing the news: “We have just closed our acquisition of The League, a premium, niche dating app with a curated member base focused on matching career-oriented users looking for a serious relationship,” Kim wrote.

Singles in China Flock to Soul a Metaverse Dating App

China
  • Monday, July 11 2022 @ 07:00 am
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  • Views: 1,473
China's Soul Dating App

Metaverse dating apps have become popular among singles in China, and now one of the most popular - Soul - intends to go public in the Hong Kong market. It is backed by tech giant Tencent, with Bank of America Merrill Lynch and CICC serving as co-sponsors.

Soul lets users create and use avatars (often resembling Japanese anime) to interact over the app, and rivals TikTok for time spent engaging on the app – an average of about 40 minutes per user, according to South China Morning Post. It currently has over 32 million users.

Downloads and engagement have grown in part due to recurring lockdowns across the country from Covid-19 outbreaks. Between 2019 and 2021, Soul’s monthly active users went from 11.5 million to 31.6 million, according to parent company Soulgate.

Google Settles with App Developers for $90 Million

Japan
  • Wednesday, July 06 2022 @ 09:19 am
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  • Views: 756

Google has reached an agreement with app developers who sued over unfair Play Store practices, including charging a 30 percent commission on all in-app purchases. Part of the settlement requires Google to pay developers $90 million in lost revenue over the years, including Match Group.

According to Tech Crunch, in addition to the $90 million payout, Google will be revising its Developer Distribution Agreement to allow developers to contact users outside of the app, and to be more transparent with annual reports detailing app removals and account terminations, for example. In addition, Google will add a new “Indie Apps Corner” to its Play Store to highlight apps made by smaller startups and independent developers, who often get overlooked for the big players.

The settlement doesn’t resolve a larger problem of allowing developers to use third party payment systems and cutting Google Play and Apple Stores out of these commissions, which currently is not allowed in either store. Match Group and others have sued both Apple and Google for the right to have their own in-app payment system without forcing users to go through the stores, and for having to pay a percentage of every purchase to the tech giants.

Bumble Bringing Back Safety Initiative for India

India
  • Monday, July 04 2022 @ 03:16 pm
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  • Views: 766
Stand for Safety
Image: Bumble

Dating app Bumble is rekindling its “Stand for Safety” initiative in India to help combat online abuse.

According to Business Today India, the company released a guidebook created in partnership with the Centre for Social Research (CSR), a non-profit, and Nyaaya, an open-access digital resource center that educates people about their rights. The guide will “drive awareness around digital safety and support the community in recognizing and combating online abuse, bullying, and discrimination.”

Bumble decided to relaunch the initiative after conducting a survey across India on the scope and effects of online harassment. The company found that 50 percent of respondents had seen hateful online content, and around 40 percent have faced hate speech and bullying in regard to their particular community, or to their physical appearance.

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