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Dating App Growth Slows Down in US Market, According to New Study

India
  • Monday, July 08 2019 @ 08:26 am
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  • Views: 1,318
Dating App Growth Study

Dating apps are incredibly popular, but as they saturate the U.S. market, the significant growth of the last few years is not expected to continue through 2019. Research analysts at eMarketer found that while the number of people use dating apps in the country has grown to a whopping 25 million, the market demand is starting to slow down.

According to Business Insider, apps like Tinder, Bumble and OkCupid, (all owned by Match Group), [1] have contributed to the growing interest in dating apps, launching new features every few months to attract new (and young) users.

Tantan’s User Base is Growing Rapidly in India

India
  • Wednesday, June 26 2019 @ 09:46 am
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  • Views: 10,667
Tantan dating app is popular in India

Chinese dating app Tantan, which was recently removed from the Chinese app stores, is on the rise in India. The popular app has gained traction among singles and is now the fifth most popular dating app in the country.

“India is one of the fastest growing internet markets in the world, hence it’s very important to be present and win in the Indian market,” Tantan told Quartz. “After doing a soft launch in India, we learned more about the market and users which helped us in serving the market better.”

Hinge Sees a Spike in Gay Users, Thanks to Pete Buttigieg 

United States
  • Monday, June 24 2019 @ 09:23 am
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  • Views: 1,242
Pete Buttigieg and his husband

In big news for the dating app industry – Democratic Presidential candidate Pete Buttigieg met his husband on Hinge. And after his public remarks praising the dating app, it seems Hinge has also seen a spike in gay users.

Fortune reported that the app has seen a 30 percent increase in gay memberships since April 1st, around the time the rising star mayor of South Bend Indiana disclosed he used the app and ended up meeting his husband Chasten on it.

“We’re proud of all of the relationships we’ve helped set up — including Mayor Pete and Chasten,” Hinge CEO Justin McLeod told Fortune. “We’re happy to see that their love story has encouraged even more members of the LGBTQ community to find their person on Hinge.”

Bumble and Marie Claire Australia Honor Trailblazing Women with Glass Ceiling Awards

Australia
  • Monday, June 17 2019 @ 08:55 am
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  • Views: 718
Bumble SponsorsGlass Ceiling Awards

Bumble is joining forces with Marie Claire Australia to launch the Glass Ceiling Awards, a celebration of powerful women in business who are breaking gender barriers and furthering equality in the workplace. The awards, scheduled to be held on June 19 in Sydney, will be presented in conjunction with Estée Lauder Companies.

Nominees will compete in eight prize categories for individuals and businesses:

Tantan Dating App Removed from Chinese App Store

China
  • Wednesday, June 12 2019 @ 11:13 am
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  • Views: 2,506

Tantan, the popular dating app often referred to as China’s Tinder, was recently removed from the Chinese app store in an effort by the government to “clean up content in cyberspace,” according to ZDNet.

There were no specifics given as to why the app was removed, but the company issued a statement saying that it is complying with the government’s requirements. The app was removed from both the Apple and Android stores in China.

Momo, Tantan’s parent company, also issued a statement saying it was "proactively communicating with the relevant government authorities" and will "fully cooperate" to restore the app's availability "as soon as possible," according to Yahoo! Finance. Shares of the company tumbled after the app’s removal.

Chinese Company Must Sell Grindr by End of June 2020

China
  • Tuesday, June 11 2019 @ 10:00 am
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  • Views: 1,068
Grindr must be sold by June 30, 2020

Beijing Kunlun Tech, a Chinese company which owns the popular dating app Grindr, will now be forced to sell it by June 2020, according to a report by CNN.

Beijing Kunlun Tech owns 60% of Grindr, a popular dating app in the LGBTQ community. Last year the company was planning to take the app public but was stopped when the Committee on Foreign Investment in the U.S. (CFIUS) intervened. The U.S. government agency oversees purchases of businesses by foreign entities and expressed concern that the national security of the U.S. would be threatened by the acquisition of the dating app by a Chinese tech company, because of the sensitive user information it had access to.

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