Location

Hinge Partners with Rock the Vote

United States
  • Thursday, August 01 2019 @ 08:12 am
  • Contributed by:
  • Views: 1,229
Hinge Partners with Rock The Vote
Image: Rock The Vote

Popular dating app Hinge has announced its partnership with activist organization Rock the Vote in anticipation of the 2020 Presidential election, according to The Hill.

Capitalizing on the high-profile press the company received when Presidential candidate Pete Buttigieg revealed that he’d met his husband Chasten on the app, Hinge has decided to throw its app in the political ring.

Tinder Unveils its New “Lite” App

China
  • Tuesday, July 30 2019 @ 08:40 am
  • Contributed by:
  • Views: 5,140

Tinder has unveiled its new streamlined app after announcing its debut earlier this year. Tinder Lite will be available as a separate app for Android phones and can be purchased through Google Play.

The new Lite app was designed specifically for users in countries and regions where Internet connectivity is slow and most people have lower-cost phones. According to Tinder CEO Elie Seidman, who spoke at the 2019 Rise Tech conference in Hong Kong in mid-July, the new app “would run faster, consume less battery and reduce network usage by about 20 percent,” as reported by The Jakarta Post.

Tinder Revamps Its Image to Attract Users in Asia

China
  • Tuesday, July 23 2019 @ 07:10 am
  • Contributed by:
  • Views: 1,041

Dating app Tinder has a hook-up reputation – and because of this, users in more conservative countries in Asia might be hesitant to try the app. In response, Tinder is revamping its image to maintain its growth streak.

Dating app growth overall has slowed in the U.S. as the market becomes saturated, and it is expected to slow even more through 2022. In order to expand its opportunities, Match Group – Tinder’s parent company, has put a lot of resources into the Asian market, including hiring key executives to oversee the region and advertising its suite of apps.

Spark Buys Zoosk for $258 Million

United States
  • Wednesday, July 17 2019 @ 07:09 am
  • Contributed by:
  • Views: 2,561
CEO of Spark Networks Jeronimo Folgueira and outgoing CEO of Zoosk Steven McArthur
Image: Zoosk

Online dating conglomerate Spark Networks announced its purchase of Zoosk for $258 million USD. The popular dating app was acquired with a combination of cash and stock, and Spark will have full ownership of Zoosk shares.

According to the terms of the deal, Spark will issue 12,980,000 ADSs (American Depository Shares) to former Zoosk shareholders, valued at $152 million based on the closing price of Spark ADSs of $11.78 on June 28, 2019. It also provides for a cash consideration of $150 million, subject to adjustment, according to the company’s press release. Former Zoosk shareholders owned 49 percent of the company.

Dating App Users Triple in India in 2018

India
  • Tuesday, July 16 2019 @ 09:30 am
  • Contributed by:
  • Views: 5,655
India Online Dating is on the Rise

A new study found that dating app users tripled in India over the course of 2018, thanks mainly to women.

Dating app usage in the Indian market has huge potential, and not just because of the impressive growth over the last year. Overall user penetration still rather low at 2.7 percent as of 2018, but it’s expected to hit 3.2 percent by 2023 according to online market researcher Statista. Analysts also expect the market to be valued at $100 million in the next five to eight years, according to a report in LiveMint.

Bumble Is Opening A Cafe In Manhattan That Serves “Date-Friendly” Food And Drinks

United States
  • Friday, July 12 2019 @ 08:12 am
  • Contributed by:
  • Views: 1,176
Bumble Brew Concept
Image: Bumble

You swiped right, you chatted, you’re ready to take the plunge and meet in person - now what? If you’re in New York City, your next step could soon be a visit to a cafe and wine bar run by Bumble. The Austin-based company will open the space, which it has named Bumble Brew, in fall 2019 in Manhattan’s Soho neighborhood.

By day, Bumble Brew will be a cafe serving pastries and coffee. By night, it will transform into a wine bar serving $12 to $16 glasses of vino and a selection of small plates. Bumble intends for the 70-seat venue to be a meeting space for users of the app who are networking, on a date or meeting friends. It will also host demonstrations from female chefs, BFF parties, networking events and date nights.

Page navigation