Bumble Inc

Hinge and Grindr are two standout dating apps as they continue to grow in a tough market; powerhouses Tinder and Bumble are seeing more users leave their platforms.

In general, dating apps have had a rough couple of years, with the coveted Gen Z market looking to other options besides dating apps to meet singles, including in-person events, running clubs, and social media platforms like LinkedIn.

“Online dating trends have continued to decelerate industry-wide, showing minimal relief from the recent struggles,” wrote Morgan Stanley analysts Nathan Feather and Brian Nowak in their research, according to Quartz.

A majority of dating platforms have signed on to a new dating safety code in Australia, in an effort to crack down on dating app users who violate policies.

According to News.com, dating app users who “harass, threaten, or share unwanted explicit photos” could have their accounts terminated across multiple platforms at the same time, intended to create a safer space overall for online dating. Seventy-five percent of companies operating in Australia have signed on to the new industry standard, including Match Group (which operates Tinder, Hinge and OkCupid among others), Bumble and Grindr.

A recurring problem with dating apps is user safety, specifically surrounding the growing number of users who receive unsolicited images. If a perpetrator is banned from one platform, they can easily move on to other platforms, so the new safety standard is intended to prevent this from happening.

Image: Bumble

Dating app Bumble has launched a marketing campaign in India to highlight its new feature Opening Moves, featuring two young Bollywood celebrities.

According to The Times of India, the campaign stars Khushi Kapoor and Vedang Raina in a series of films, where Kushi asks Vedang questions like “what is your guilty pleasure?” and “what is your iconic date idea?” Opening Moves allows women to post a question to potential suitors, so Bumble’s ad is demonstrating the feature in a fun way.

The beloved Bollywood actors share personal anecdotes and talk about the changes Bumble has made, as well as the cultural shift of dating in India, where women are feeling more empowered and more and more people are meeting online.

A new study by Bumble among single LGBTQ+ Filipinos found that a whopping 85 percent said that it’s important to them to find partners who accept them for who they are without pressuring them to change.

According to Adobo Magazine, nearly half (48 percent) of respondents feel that they need to conform to certain physical or personality ideals to be accepted by the LGBTQ+ community. About 28 percent of those surveyed went on to say that they felt pressured to change or conceal their gender expression to fit in or be accepted by the LGBTQ+ community.

The survey was conducted in partnership with Pride PH, the widest national network of Philippine LGBTQ+ organizations. Over 400 people participated in the survey.

Dating apps are struggling right now, and many Gen Z women are looking to other platforms like LinkedIn and Instagram to meet people.

A new article in The Financial Times cites a poll from Mintel that found that 47 percent of men between 18 and 34 had used a dating app or website to meet someone this past year, compared to only 25 percent of women of the same age.

“Trying to engage young women is the biggest struggle for dating apps,” said Rebecca McGrath, associate director for media and technology at Mintel. “Significant gender skew means it is harder for men to find matches and, subsequently, women often become bombarded, making the experience worse for all.”

Bumble is expanding its focus with the acquisition of Geneva, a platform built around connecting people with groups and clubs to help “build community.”

According to Tech Crunch, the acquisition further expands Bumble’s platform beyond dating in the hopes of gaining new users and growing revenue. As Tech Crunch noted, the company laid off a third of its workforce earlier this year, and has been struggling to increase its paying userbase along with other dating apps.

The terms of the deal were not disclosed with the announcement according to Tech Crunch, but as it pointed out, Bumble CEO Lidiane Jones has said that the company will be pursuing acquisitions to drive growth. This new purchase indicates the company is interested in community-building on its platform, likely to drive engagement.