Milestones

Bumble Shuts Down Gay Dating App Chappy

  • Friday, March 13 2020 @ 02:40 pm
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The gay dating app Chappy has shut down.

Bumble is shutting down gay dating app Chappy, part of the suite of dating apps under parent company Magic Lab. Bumble will integrate the service into its own app, effective February 28th.

According to Culture Map Austin, Bumble is encouraging Chappy users to download Bumble and try it out, offering them a week of its premium service for free. Chappy is no longer displaying profiles so essentially the search function is turned off. By the end of February, all of Chappy’s user information will disappear from the app.

Chappy posted an FAQ about the closure on its website, stating: “We’re joining Bumble because we have the opportunity to take what we’ve built together here to the next level by creating a space for healthy and safe connections across the LGBTQ+ spectrum. Bumble is committed to fighting all kinds of inequality, and we’re excited to land our spaceship safely in the Bumble Hive.”

Tinder Revenue Hits $1.2 Billion In 2019

  • Thursday, March 05 2020 @ 10:10 am
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Tinder Revenue keeps going up!

Match Group reported annual earnings for 2019, and its star dating app Tinder came out on top with almost $1.2 billion in revenue for the year.

Tinder had on average 5.9 million subscribers in the fourth quarter of 2019, 36 percent more than the previous year according to The Verge. At the same time, Reuters reported in early February that Match Group missed its fourth quarter revenue estimates as subscriber growth on Tinder fell to its lowest since the fourth quarter of 2018, perhaps an early sign of market saturation. 

Facebook Dating European Launch Delayed Amid Privacy Concerns

  • Tuesday, March 03 2020 @ 02:33 pm
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Facebook Dating European Launch Delayed

Facebook has been forced to delay the launch of its signature dating service in Europe after failing to provide the European Union data regulator with a required assessment of privacy risks to users. 

According to CNet, The Irish Data Protection Commission raised concerns about Facebook’s privacy practices, and whether the company complied with the European Union’s data protection rules, which are more stringent than those in the U.S. 

Under these new rules, companies considered to be “high risk” in the handling of personal information of users are required to conduct a data protection impact assessment (DPIA) prior to being approved. This includes a written report addressing and outlining potential privacy risks, which the agency said Facebook did not provide, even after the agency sent regulators to Facebook’s Dublin office to gather the required documentation, according to Tech Crunch. 

Butterfly for Trans Daters Launches in India

  • Friday, February 21 2020 @ 07:42 am
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Butterfly Dating Service Logo

UK-based dating app Butterfly, catering specifically to transgendered daters, has just launched in India, according to Quartz.

India is becoming a hot market for the dating app industry and is a big focus for Match Group and Bumble, who have launched high-profile campaigns to promote their dating apps in the country, including investing in celebrity partnerships and hiring regional managers. 

However, transgendered daters are finding it hard to find love on dating apps, especially in India, even as they take off.

Match Group CEO Mandy Ginsberg Steps Down

  • Tuesday, February 18 2020 @ 09:28 am
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Match Groups CEO Mandy Ginsberg
Match Groups CEO Mandy Ginsberg

Match Group CEO Mandy Ginsberg has announced she will step down from her role at the company for health and personal reasons.

The news comes as Match Group is in process of separating from its parent company IAC, which is expected to close in Q2 of this year. Shar Dubey, Match Group’s president, will take over for Ginsberg starting March 1st.

According to The New York Post, Ginsberg told Match Group employees the news in an email, citing personal and health reasons for her departure. She described a “personally trying” period according to reports. These included a recent surgery correcting a previous double mastectomy to prevent breast cancer as she was diagnosed with the BRCA1 gene, as well as a tornado slamming into her Dallas home, rendering it unlivable. Ginsberg is stepping back to take care of her health and her family.

Tinder Leads For Consumer Spending on Non Gaming Apps in 2019

  • Wednesday, January 01 2020 @ 11:48 am
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Tinder is rolling in cash.

Tinder is rolling in cash at the close of 2019 thanks to consumer spending on its popular dating app. According to Annie’s List, it ranks as the number one non-gaming app where consumers are spending money, ahead of entertainment and social network giants like Netflix, YouTube and Tencent.

Video games are by far the most popular apps for consumers and generate the most revenue from in-app spending. However, outside of the gaming world, Tinder subscriptions have driven it to the top spot in consumer app spending.

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