Tinder

Online dating is big business after the holidays. In fact, user activity remains consistently high until Valentine’s Day, according to reports from online dating veteran websites like Match.

But it’s also a huge time for dating apps, especially Tinder – who had its biggest growth day in its history. On Sunday January 3rd, Tinder execs revealed that the app experienced the most downloads and the most growth of active users in a single day - ever. (Coincidentally, most online dating sites report that their biggest, busiest day of the year is the Sunday after New Year’s, when people are faced with the end of holiday revelry and the return to work.)

Needless to say, Tinder must have seen this spike coming and decided to take advantage with a new feature, which came in the form of a push notification. The notification alerted users when there was 2x to 3x higher rate of matches in their local area. It said:

Wow! Tinder is on fire in your area! Chances of a match are 3X higher right now (flame emoji)

The push notification was an interesting choice for Tinder execs to make, since the app prides itself specifically on not sending unwanted messages to its users, keeping the interaction as seamless as possible.

Tinder CEO Sean Rad looks at the feature as a win-win for users. “When there is a spike in engagement on the platform, we want to let users know so that they can take advantage of that moment,” Rad told news website TechCrunch.

The match rate is the number of swipes it takes to get to a match. When there is more engagement, the likelihood of matching with someone goes up. In a way, it’s a self-fulfilling prophecy. If you tell someone that the match rate is 2-3 times higher, then likely they will keep swiping (engaging) until they get a match.

“The most fascinating thing about this type of notification is that, by notifying users when those peak moments are happening, it increases the overall success rate for our users,” Rad told news website Tech Crunch. “It has a compounding effect and produces even more activity.”

The match alert is the latest in a series of moves Tinder has made to overcome its hook-up reputation and concentrate on more long-term matches. The company has also been sharing stories and photos of happy couples who met on Tinder, including a tweet from a couple on their wedding day, hoping to show proof that the app is helpful for finding long-term love.

Tinder faces competition from new services like Bumble, which lets the women call the shots first, and Coffee Meets Bagel, which provides one match a day to make sure people aren’t just mindlessly swiping. For more on this dating app, please read our review of Tinder.

The Editor's 2015 Top Pick - Dating App Award recipient is Tinder. 2015 was a huge year for Tinder. With over 1.6 billion swipes a day and with over 9 billion matches since it launched in 2012, Tinder has become one of the most popular dating apps (it was the most mentioned dating service on Twitter in 2015). It currently has over 40 million active members and it has recently launched a paid upgrade feature called Tinder Plus. Tinder Plus is a set of new features (Rewind and Passport) designed to make the Tinder power user become a subscriber (so the service can actually make money). From all of the swipe rights every week, more than 1.5 million in-person dates are thanks to Tinder with more than half of those making it to a second date.

The funny thing with Tinder is that it has a reputation on being a hookup app but a number of surveys online have found that 80% of singles who use Tinder are looking for a long-term relationship. Tinder also has a fairly even ratio of men and women. For every 4 women on Tinder there are 6 men. Tinder also has become a bit of a celebrity hot spot (Hillary Duff, Katy Perry, Lindsay Lohan). Celebrity accounts are now verified and have brought a lot of media attention for not only the celebrity but Tinder as well.

Read our review of Tinder for more information about this online dating service or visit Tinder directly.

This Year's Runner Up for this award is: Match.com

2015 was the biggest year yet for online dating. Ten years ago, digital dating was still viewed with skepticism. Today, a majority of Americans believe it's a good way to meet people and 5% of Americans in committed relationships say they met their significant other online.

Now that singles have fallen head over heels for online dating, services have exploded. From the basics like Match and eHarmony, to youth-centric options like OkCupid and Tinder, to hyper-specific sites for bacon lovers and beard aficionados, there's something for everyone. So which dating services are a cut above the rest?

Bustle teamed up with Google to reveal the top-searched dating apps and sites in 2015. The list is surprisingly diverse:

1. Plenty Of Fish: Plenty of Fish sounds like a throwback to an earlier era of online dating, but the site is alive and well as we start 2016. Its inexpensive options draw 50,000 new members every day and even hooked The Match Group, which acquired POF in July 2015. See our full review of Plenty of Fish.
2. Tinder: It's no surprise that Tinder nearly took the top spot. The time-killing app made “swipe” an important part of everyone's vocabulary and totally changed the dating game. See our full review of Tinder.
3. Match: Match.com has been connecting singles since the primitive days of online dating and is still a prime choice. Over the years, the site has perfected its matching technique and remained a favorite for daters all around the world. See our full review of Match.
4. OkCupid: OkCupid revolutionized the online dating industry as an entirely free service. Today paid options have popped up, but OkCupid remains largely free to use and scores highly for its excellent compatibility algorithm. See our full review of OkCupid.
5. eHarmony: Though it began as a dating service strictly for Christians, eHarmony has expanded its service to welcome a wider variety of singles. The site has built a reputation as a go-to service for serious relationships. See our full review of eHarmony.
6. Zoosk: Zoosk quietly continued its quest for world domination in 2015. With service available in 80 countries, 25 different languages, and on your computer, phone, tablet, and Facebook, Zoosk is practically inescapable. See our full review of Zoosk.
7. Bumble: Bumble got a lot of press last year for its “Feminist Tinder” approach to online dating. The app takes the infamous swiping set-up, but attempts to lower the creep factor by putting female members in charge.
8. Hinge: Scared of meeting strangers online? Hinge solves the problem by using Facebook to connect users with mutual friends. Members can breathe easy knowing that their dates have been vetted by someone they trust. See our full review of Hinge.
9. Grouper: It's impossible to take all the awkwardness out of a first date, but Grouper helps lessen it by adding friends to the mix. The app connects groups of friends to take the pressure off.
10. Farmers Only: Yes, believe it or not, the uber-niche Farmers Only made the cut. Although perhaps it's just from people searching Google to find out if it's actually real.

Online dating services like eHarmony and Chemistry.com have long emphasized their ability to find “quality” matches based on matchmaking algorithms. Even dating app Tinder, known as more of a hook-up app than a true matchmaking service, is getting in on the long-term love strategy. The company just released a new version, with updated algorithms that Tinder CEO Sean Rad maintains will lead to “more meaningful matches.”

Matching algorithms work like this: If you craft a profile with your interests, hobbies, income, and other descriptors, and you identify the qualities you are looking for in a match, then voila – the online dating site will find those candidates best suited for you. In other words, they will find people with similar preferences, interests, and backgrounds and match you together.

Which means that there’s a higher likelihood of the two of you falling in love and living happily ever after, right?

Not necessarily. Some writers point to research that says otherwise. As The Washington Post shared in a recent article: “Dating site algorithms are meaningless. They really don’t do anything. In fact, the research suggests that so-called ‘matching algorithms’ are only negligibly better at matching people than random chance.”

The reasons behind this conclusion are varied, but the basic idea is that chemistry between two people is highly variable. Just because you might match up well in theory, (and online), doesn’t mean that the spark will exist in real life. But the dating sites want you to believe otherwise.

There is an argument to be made that people who are considered “compatible” or who have the same background, communication style, or any number of factors in common might make better matches. And they might – or they might not. According to one very prominent study from 2012 conducted by Northwestern University’s Eli Finkel on the matching algorithms used by online dating sites, there was just as good a chance that someone you meet at random could end up being the love of your life.

According to Finkel’s study, relationship success depends on three things. First, individual characteristics, like whether you’re smart, funny, consider yourself beautiful, or avoid commitment at all costs. Second, the quality of interaction between two people - specifically how you hit it off in-person, not through text messages back and forth. And third, your surrounding circumstances, like your career, ethnicity, financial security, and health.

As we know from online dating sites, we aren’t always accurate or truthful when we are describing ourselves, so it’s likely we aren’t as compatible as we think. Another problem is that compatibility isn’t the marker of a good relationship. It really comes down to that elusive thing called chemistry and how you interact together in person.

With this information, it’s to every dater’s benefit to accept more invitations and matches, even those who don’t seem to be suited for you. Because the truth is, until you meet, you just don’t know.

Tinder just released a new update to its popular dating app, but decided to swipe left on its Snapchat-like “Moments” feature. The Moments feature was first offered to Tinder users a year ago, but now has been removed from the app’s latest update.

With Moments, Tinder users could share photos that expired after 24 hours, hoping to pique the interest of their matches. Moments also allowed users to stylize photos with filters, paintbrush, and the ability to write text over the image. The purpose of Moments was, according to Tinder co-founder Sean Rad, to jumpstart conversations among matches. If a match liked your Moment, they could swipe right. The app would notify you of their interest, and then you could both start chatting.

Last year when Moments first launched, Rad was pleased with consumers’ response. In an interview at tech event TC Disrupt he declared that due to Moments, Tinder had “seen a massive increase in conversations started and post-match engagement.”

News about Tinder’s latest update focused on the new features the app is offering, such as a revamp to the Profile and Inbox. The update allows users to add employment/education information into their profiles. The Inbox now places new matches in the top bar and current conversations in the lower part of the screen. There were also slight improvements on the backend with an update to Tinder’s algorithms.

No mention was made from Tinder about the absence of Moments, or that the company also got rid of its “Last Active” feature, which let users know the last time someone used the app. With the new update, Last Active disappeared as well.

Website Tech Crunch attributes the loss of Moments to the popularity of Snapchat. Likely Tinder users would just use Snapchat or other similar apps with any potential matches instead of using the Tinder feature. Plus, Tinder partnered with Instagram to let users use their recent Instagram photos as an extension of their Tinder profiles. With these offerings, Moments might have lost some traction.

Users did notice Moments’ absence however, and took to Twitter and review postings to let the company know they were not happy with this move. The most vocal opponents let their voices be heard with tweets like: “why is tinder getting rid of moments? that was like its best feature tbh.”

So far, the company hasn’t responded to inquiries of why they decided to ditch the features. Perhaps we’ll know more with Tinder’s next update. For more on this dating app you can read our review of Tinder.

IAC made major strides in the third quarter of 2015. Not only did earnings beat analyst expectations, the company also announced the $575 million acquisition of PlentyOfFish and plans to go public with an IPO.

IAC's third quarter financial results show a company that continues to dominate in its field. Highlights include:

• IAC will continue its partnership with Google for four more years. Google will provide IAC and its network partners with sponsored listings and other search-related services.
• The Match Group revenue increased 19%, or 25% excluding the effects of foreign exchange, to $274.2 million. The Match Group Adjusted EBITDA increased 37% versus Q3 2014.
• Within Search & Applications, Applications queries and revenue increased 28% and 2%, respectively, the first quarter of revenue growth since Q3 2013.
• In the Media segment, Vimeo grew paid subscribers 22% to over 650,000 with revenue increasing 27%.

Greg Blatt, Chairman of The Match Group, believes the company has plenty to look forward to. “We expect to complete our acquisition of PlentyOfFish this week,” he said in a prepared statement, “adding another of the leading global dating brands to our portfolio, at which point we will have over 59 million monthly active users and 4.7 million paying users. All in all, a solid quarter with lots of positive activity.”

Tinder is still one of the hottest topics in the dating world. The Tinder subscription business continued to perform well in Q3 2015. “We have been able to deliver optional paid features that a portion of our users highly value,” said Blatt, “while enhancing the vibrancy of the community through their introduction.” Though monetization is important for Tinder's success, the app focus primarily on growth initiatives going forward.

The other big news for The Match Group is the forthcoming IPO, which is expected to be completed during the fourth quarter of 2015. IAC will sell a 14 percent stake in Match Group, offering 33.3 million shares priced between $12 and $14 to the public. At the midpoint, Match Group will raise $433 million.

The IPO is not without its detractors. In an article for Forbes.com, Peter Cohan outlines four reasons the IPO isn't worthy of a right swipe from investors. He notes that the structure gives the public shares very little voting power, that the proceeds go to repaying the parent company's debt, that the valuation is far below what analysts expected, and that the underwriters are weak.

Multiple similar companies have pulled their IPOs in 2015, including online dating platform Zoosk. It will be interesting to see where The Match Group goes in the final quarter of 2015. For more information on IAC's flagship dating services, you can read our Match.com review and our Tinder review.