Bumble Inc

Tinder and Hinge have recently released new ultra-premium subscriptions for what they called “motivated daters,” but a significant population of singles would rather not pay the steep price for a dating app experience. In fact, the more companies try to monetize dating app features, the more it seems to turn off daters altogether.

A recent report from Bloomberg found that people are gravitating back to in-person events like speed dating, which saw a 63 percent increase in participation this past year according to Eventbrite. And they are reluctant to pay the $500 subscription for Tinder or $60 subscription for Hinge, though Match Group has noticed an uptick in revenue since releasing the premium services.

According to Bloomberg, third-quarter downloads for Hinge were the app’s best ever and that 1.3 million of its users pay for a subscription. Bumble will be offering short term subscriptions as well as its own high-priced premium service in the coming months.

Image: Bumble

Bumble For Friends, the signature dating app’s standalone app that focuses on helping people find friends, has debuted new AI-based features.

The app announced one new feature dubbed “Plans” which helps users organize a meet-up in real life, and lets them invite up to 15 people. They can create public or private plans from the app, according to Tech Crunch, but the private plans require the planner to send invitations to specific members in their network.

The feature resembles the MeetUp app, where you can organize an event and invite members of your group to attend. Bumble offers options to grab coffee, eat out, do a workout together, “something outdoors” or a night out. Then you can make it public or private, and the last step is choosing the friends from your Bumble network to invite.

Grindr has become the most popular dating app in the U.K. among singles aged 54 and older, according to a recent study from Ofcom, the country’s communications regulator.

According to The Pink News, Tinder was still the most-downloaded dating app in the UK, with 2.5 million users, followed by Bumble at 1.7 million U.K. users. Grindr has grown in 2023, but it still captures only about 1.9 percent of the U.K. adult population, or 924,000 users. But as far as time spent on the apps per user, Grindr wins hands-down.

In fact, the average user of the gay dating app spent seven hours on it in May of 2023, according to Ofcom, compared to only one hour on Tinder, and a bit more than two hours for each Bumble and Hinge.

Dating app giants Bumble and Match Group have pulled their ads from Instagram after The Wall Street Journal reported that they were appearing next to inappropriate and explicit content.

According to The Times of India, the Wall Street Journal found that the ads of several major brands were being served next to explicit and sexualized content on the social media app, including those of Disney and Walmart.

The Journal set up Instagram test accounts alongside The Canadian Centre for Child Protection which followed young gymnasts, cheerleaders and influencers. When its investigative team looked through Reels on these test accounts, they discovered that Instagram “served jarring doses of salacious content.”

Image: Bumble

Dating app Bumble conducted a new study to understand what daters are seeking in 2024 and discovered some interesting results, including that they are more open to dating someone older or younger. Also, a majority of daters are trying to be happy with where they are now instead of constantly trying to improve themselves.

According to Mashable, Bumble found that for 63 percent of respondents, age doesn’t matter, including 59 percent of women who say they are more open to dating younger men. About 35 percent of women say they’ve become less judgmental of age gaps in relationships.

There has also been a trend in recent years, especially among younger daters, to prioritize mental health and take steps to “better” oneself - and expect the same from their dates. A key difference now, according to Mashable, is that a majority of daters – 68 percent - are trying to be happy with who they are now.

College students are turning away from dating apps and prefer to meet others in person, according to a new study by Axios and Generation Lab.

The study polled almost 1,000 college students across the U.S. and found that an overwhelming majority of 79 percent do not go on dating apps or use them less than once per month. According to Axios, Tinder is still the favorite among young daters. Twelve percent of college students use Tinder at least once a month, with Bumble and Hinge close behind at 8 percent of students logging on at least monthly.

A caveat for the study: 55 percent of respondents said they were in a relationship already, so they didn’t need to use a dating app. But at least 64 percent of those met their partners outside of a dating app – either through classes, a party, or an introduction from a friend to name a few. Only 15 percent said they’d met through a dating app, according to PC Magazine UK.