Online Dating

Match Group has unveiled a fresh look for both its website and logo. The redesign comes as the company focuses on its global strategy and adds more interactive and entertainment-based content, indicating a shift from traditional swiping.

According to Global Dating insights, the new logo moves away from employing its traditional block letters to a more fluid and simple design. The capital M and G flow together in one continuous line with two dots above the “M” to represent two people whose hands are linked. The cursive G connected to the M also represents Match’s focus on the global community and to making connections across countries and demographics. Their new colors are also a cool electric blue and teal to make it more “inviting,” according to Global Dating Insights.

The FTC in mid-September issued a statement urging people using LGBTQ+ dating apps to be cautious amid the growing number of scammers who operate on these apps.

Apps like Grindr and Feeld were named in particular as the FTC warned of an increasing number of scammers who seek explicit photos and then use them to extort money. According to Consumer Reports, the attackers pose as interested romantic partners and chat with intended victims. These scammers send explicit photos quickly, seeing who responds with a similar photo in return.

The next part plays out like an episode of Black Mirror, where if the victim does send an explicit photo in hopes of connecting in person, the attacker quickly turns on them and uses blackmail to extort money. The attackers threaten to send the photo to the victim’s personal networks, including family and friends or even an employer unless they pay (usually via gift card). 

Dating App Tinder launched its new Tinder Explore section, where users can find a more interactive matching experience that is focused on events and areas of interest where users can make connections.

According to Tech Crunch, the new section will offer an events space that includes Swipe Night, its popular interactive series where users can watch and strike up conversations, and “Hot Takes,” the app’s virtual speed dating experience. Swipe Night returns to the platform for a second season later this year, featuring a who-dunnit style mystery. This time, the series will include a “Fast Chat” feature where users can interact with each other without having to match as they watch the story unfold together. 

Tinder’s Hot Takes feature will also be housed in Tinder Explore, where users can start chatting with anyone who’s there. As a timer appears, they will be given a limited time to decide whether to match before their chat expires and they are sent to the next potential match. This feature was tested earlier this year for limited periods of time, and the company says millions have used it so far.

Shares for dating conglomerate Match Group soared in early September, following the company’s new listing to the S&P 500. As of September 20th, Match Group will replace Perrigo Company, according to an announcement by the Dow Jones Indices.

Stocks tend to rise after being added to the S&P 500, as they become a “must-buy” for index funds, which track stocks on the benchmark index. Shares of Match Group are up more than 50 percent since this time last year with after-hour gains according to CNBC. This is more than a year after the separation from its former parent company IAC in July of 2020.

News of the Match Group’s rising share price also follows Apple’s announcement that it will relax its app store rules, which Match Group, Spotify and a number of other companies have been fighting for over a year. Apple agreed that the companies can provide a link to their websites from the apps for users to sign up for subscriptions, allowing the developer to bypass Apple’s cut, which was anywhere from 15 to 30 percent of sales. 

Match Group and Bumble CEOs

The CEOs of dating companies Match Group and Bumble have created relief funds for people in Texas affected by the new abortion ban.

The new law, also known as SB8, prevents women from having abortions after six weeks, long before most women know they are pregnant and effectively banning them altogether. In addition, citizens have been empowered and incentivized to bring civil lawsuits against anyone involved in assisting a woman getting an abortion, including doctors, family members, and even rideshare drivers. As a result, the female CEOs of two dating companies based in Texas – Match Group and Bumble – are fighting back on behalf of women by setting up funds to help people receive care out of state.

According to CNBC, Match Group’s CEO Shar Dubey announced that she will personally finance and help the company’s Texas-based employees receive out of state care if they need it. Bumble’s Whitney Wolfe Herd announced the company will create a fund for people in Texas who need access to care and send the money to organizations that support reproductive rights. 

Dating app WooPlus, the dating app designed for curvy people, has announced the launch of a new video feature to help its users connect over the app, dubbed “emoji challenge.”

According to the company's press release, the feature allows users to film a short video for their profile, where they are challenged to imitate the emojis presented as they film. Once they have completed the challenge, the video is posted and they get a video verification badge, and as the company advertises, potentially more “likes.”

WooPlus wants to help users spice up their profiles and give their potential matches a taste of their personalities in a fun, new way. The point is not only for users to mimic emojis, but to embrace their individual creativity and be able to express it in an engaging way, rather than just posting static photos. Plus, it allows the user to verify their profile so they can stand out.