Barry Diller, owner of IAC Corporation, has sold off his remaining shares of Match Group for approximately $1.9 billion, according to Global Dating Insights.

The media titan is founder and chairman of InterActiveCorp (IAC), which owned Match Group before it spun off into its own entity. It split from IAC to become a public company in July 2020, which caused a rift with the former owner of its star dating app Tinder, Sean Rad. He and several other Tinder employees sued the company, claiming that their shares were undervalued ahead of the public offering when they were forced out.

Diller’s initial sale of Match stock began in 2021 when he sold his first round despite the company’s impressive growth during the pandemic. But since 2022 began, the stock’s value has fallen 60 percent, in part due to earnings expectations for Tinder falling short the last two quarters. The app’s steady growth is now expected to remain flat through the end of the year.

It is October so time to start setting up the 16^th annual Dating Sites Reviews Choice Awards.

The 2023 Single's Choice Award poll launched today and is now accepting votes. As in previous years the poll asks the voter to select from a list of the top 10 most popular dating services in North America in which they would recommend.

The Single's Choice Award, which is awarded on Valentine’s Day, takes the results of the poll to determine the top 3 dating services as voted on by our visitors. Awarded services are marked as such on Dating Sites Reviews and is used by our visitors in the coming year to help them determine which dating service(s) they want to try out.

So, what dating service worked for you best in 2022 that you would like to recommend? Let us know by casting your vote in the Single Choice Award:

This poll is closed for voting.

2023 Dating Sites Reviews Single's Choice Award

1/1: Which dating service would you recommend for the 2023 Dating Sites Reviews Single's Choice Award?

Listed below in alphabetical order are the top 10 most popular mainstream dating sites and apps from 2022.

Badoo	2.86%
Bumble	12.14%
eHarmony	11.79%
Elite Singles	7.14%
Hinge	7.86%
Match	9.29%
OkCupid	11.43%
POF (Plenty of Fish)	13.93%
Tinder	12.86%
Zoosk	10.71%

See all answers to this poll
Other polls | 280 voters | 0 comments

The share value for dating app conglomerate Match Group was downgraded from buy to hold in mid-September by a Wall Street analyst who projects the company will fall short on revenue goals until the end of the year.

According to Seeking Alpha, Loop Capital Analyst Laura Champine said Tinder remains a “wildcard” on the heels of Renate Nyborg’s exit from the company, the app’s market share losses to Bumble, and “cannibalization” of Tinder by the company’s other star app Hinge. She also lowered her price target from $70 to $60 a share, adding that “we see potential for further misses” going into the next quarter. 

Champine added that CEO Bernard Kim will be able to “bring in exciting talent” from outside the company, which she takes as a promising sign. Still, she said of the company’s star app: "Tinder has not been executing in line with expectations…Match blamed Tinder for its lower outlook overall and said product launches had been poorly executed of late. The brand needs to do a better job attracting new customers," according to Seeking Alpha.

Grindr CEO George Arison

Dating app Grindr, which serves the LGBTQ+ community, named board member George Arison as its new CEO. He is scheduled to launch the company’s IPO this fall with a $2.1 billion valuation.

Arison is scheduled to take the reins on October 19th. He has long worked in the tech industry and been a board member of the company since May, according to NBC News. Prior to his appointment as CEO, he founded the car reseller app Shift Technologies, where he also served as CEO, and before that he headed a taxi-hailing app.

In addition to hiring a new CEO, Grindr also appointed a new CFO, the former CFO of Disney Streaming Service Vanna Krantz, who launched and grew the highly successful Disney+ product. Grindr’s outgoing CEO Jeff Bonforte and CFO Gary Hsueh will move into advisory roles going forward, according to NBC News.

Smitten, a new dating app designed for Gen Z daters, has raised $10 million in its latest round of Series A funding.

According to Venture Beat, investors of the app include Makers Fund, Possible Ventures, and Wonder Invest.

Smitten has gotten attention, thanks to a new study that found it had a post-match success rate of 60 percent, compared to Tinder’s 11 percent – a huge difference to online daters. It is currently the most popular dating app in Iceland and second most popular in Europe, so the new round of funding is in part to help the app expand into new territories and grow its user base.

Smitten has a new take on matching – in addition to sifting through profiles, it has added games to help young daters interact in more engaging ways. If you are interested in someone’s profile, you can start with a questionnaire game called Guessary, where you can guess how the other person answered a series of yes and no questions and get immediate feedback on whether they are correct. If you like how they answered, you can like and match with them and take it from there.

A new survey from dating app Hinge found that young Gen Z daters are no longer interested in hookup culture, thanks to the isolation they felt from the pandemic.

Forty-five percent of Gen Z daters surveyed felt that they had changed their dating habits for the better since the pandemic began - and are only interested in relationships that would be “additive” to their lives, according to a report from New York Post.

In addition, 39 percent of those surveyed said they were pickier about who they dated since the pandemic, and 91 percent of these respondents said this was because they didn’t want to waste time on the wrong person.