Tinder

Popular dating apps like Tinder, Bumble and Grindr are building and testing out virtual wingmen and other AI-driven tools on their platforms to help generate icebreakers and offer instant feedback, according to a new feature in The Financial Times.

Grindr chief product officer AJ Balance told the Financial Times that the gay dating app’s chatbot assistant called Grindr Wingman would help users with their dating “pain points,” like helping them initiate flirty conversation via curated prompts based on user profiles and chat histories.

“It’s that friend in the bar who’s helping you to ask someone out — but in the virtual context,” Balance told FT, saying that using AI in this way could help take the hard work out of online dating.

Image: Tinder

Tinder has released new features and added perks in time for college students headed back to campus. The move signals the company’s continued priority to market to younger Gen Z singles.

One interesting perk is that Tinder will offer college students a 50% discount for any of its premium services of Plus, Gold, and Platinum, according to Tech Crunch. This comes after the dating app company has struggled to retain paying users, reporting a loss of 400,000 paying users in the last quarter.

Tinder also announced a series of updates to Tinder U, its in-app feature for college students to find others on their campuses to connect with. One new feature for Tinder U includes new badges to add to their profiles, such as graduation year, major, clubs they are a part of, and their fraternity/ sorority life.

The United States military has allegedly run an ad campaign on dating app Tinder in Lebanon warning the app users that it is “fully prepared” to “protect its partners” according to The New York Post.

The news comes as tensions are rising in the Middle East as the Israel-Hamas war rages on. One journalist Seamus Malekafzali posted on X that he was on the dating app while in Lebanon, but instead of being presented with potential matches to swipe through, he saw an ad from CENTCOM (US Central Command).

The ad he saw read that CENTCOM is: “fully prepared and ready with F-16 Fighting Falcons and A-10 Tudor Bolt supersonic fighters currently in the region,” written in Arabic, along with a photo of an A-10 warplane, according to The New York Post.

Dating app giant Match Group announced its plan to cut six percent of its workforce after numbers for the company’s second quarter fell short of expectations, according to BBC.

Match Group owns the popular dating app Tinder (which has seen a significant decline in downloads), along with Hinge, Plenty of Fish and OkCupid, among others. The company’s second quarter earnings report showed an 8 percent decline among the number of paying Tinder users according to multiple reports. Hinge still remains a bright spot with significant growth.

According to BBC, Match Group said job cuts would largely come from shutting down its live-streaming app Hakuna and removing live-streaming features from some of its dating apps. (Despite the popularity of livestreaming dating apps in China, it hasn’t really taken off in the rest of the world.)

Image: Crispa

Chispa, Match Group’s dating app for Latino singles, has launched a summer college tour for select cities, in partnership with Sorry Papi. The tour is aimed at building community and awareness of the app among young college students, the target demographic for the app.

Each event features music, dancing, and opportunities for people to connect on the Chispa platform, according to the company's press release. In fact, those logging onto the dating app during the tour will have a chance to win a trip for two to Puerto Rico or Baja with Sorry Papi.

"We couldn't be more thrilled to team up with Chispa," said Jaqueline Terrazas, Tour and Project Manager at Sorry Papi. "Together, we are bringing together communities in a way that celebrates our heritage and creates lasting memories."

Singles are gravitating towards more targeted dating apps and moving away from the one-size-fits-all platforms like Tinder and Bumble.

According to an article in The Financial Times, specialty apps like Grindr (which serves gay and bisexual men) and Feeld (which serves those looking for non-traditional relationships), are seeing downloads and new users increase. Investors are noticing and are looking to these apps rather than the one-size-fits-all dating apps dominating the market.

Tinder and Bumble have seen a decline in downloads and paying users, which has rattled investors. According to the FT, Match Group which owns Tinder has shed about a fifth of its market value since the beginning of 2023, compared to Grindr whose shares have more than doubled in the same time period.