Dating Services

Grindr Will Be Sold By Chinese Owner Kunlun In $608M Deal

Grindr
  • Wednesday, April 01 2020 @ 09:45 am
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Grindr has been acquired by San Vicente Acquisition Partners

Grindr is set to sell for $608.5 million. The sale comes after the US government expressed national security concerns regarding Beijing Kunlun Tech’s ownership of the gay dating app. San Vicente Acquisition Partners — a group of entrepreneurs and investors in the technology, media and telecommunications industries — will acquire a 98.5 percent stake in Grindr in the deal. 

Kunlun is one of China’s largest mobile gaming companies. The company took a majority stake in Grindr in 2016 for $93 million. In 2018, Kunlun purchased the remaining percentage of the popular dating platform for $152 million. The agreement was met with apprehension on the part of journalists, China experts and former intelligence officials, who suggested that it put the Chinese government in a position to demand sensitive data about the app’s users, including those who are not Chinese citizens.

Plenty of Fish Adds Livestream Feature

POF (Plenty of Fish)
  • Monday, March 30 2020 @ 07:04 am
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POF introduces Livestreaming to their App

Dating app Plenty of Fish (or POF for short) is rolling out a new feature in the coming weeks to users that allows them to livestream video chat with potential matches.

The free livestreaming feature called LIVE! Is POF’s way of encouraging its users to “date from a distance” according to their press release. The company partnered with The Meet Group, Inc., a livestream technology service, to create the feature. 

It’s simple to use. There’s a “LIVE!” icon within the POF app that members can tap which takes you to a home page where you can see the most popular livestreams. You can tune in to a stream or create your own. It’s a way to “stay connected and create a sense of community from the convenience of home,” according to the company’s release.

The Meet Group Announces Acquisition by ProSiebenSat.1 Media SE

Meet Group
  • Friday, March 27 2020 @ 10:03 am
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ProSiebenSat.1 Media SE and The Meet Group Logos

Rumors began to swirl last December that German broadcaster ProSiebenSat.1 Media SE’s e-commerce arm, NuCom Group, had expressed preliminary interest in acquiring The Meet Group. It has now been announced that the companies have entered a definitive agreement to proceed with the acquisition. NuCom will pay $6.30 a share in the deal, putting an enterprise value on Meet Group of approximately $500 million.

Based in Pennsylvania, The Meet Group is a maker of mobile apps that focus on live streaming broadcasts and text-based conversations, including MeetMe, Skout,  LOVOO, Tagged and Growlr. NuCom’s holdings include eHarmony, which it acquired in 2018, and the Germany-based dating platform Parship. The Meet Group’s dating brands will be combined with NuCom’s portfolio company Parship Group. The acquisition will help both companies diversify their revenue streams and broaden their combined international footprint.

Tinder’s New Concierge Service Will Fix Your Dating Profile For $20

Tinder
  • Wednesday, March 25 2020 @ 12:01 pm
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Tinder Concierge Premium Service
Image: Forbes

Having trouble finding a worthwhile match on Tinder? The dating app made “swipe left” and “swipe right” two of the most recognizable phrases in popular culture — but what it hasn’t necessarily done is made it easier to find a date using those infamous gestures.

In an effort to help singles get more out of their Tinder experience, the company has started testing a premium service it’s calling Tinder Concierge. An advertisement recently released on the platform announced the new feature with an image of a limousine parked outside of an ornate building. The short description of Concierge explains that users can pay $20 to schedule a session with a “team of experts” who will help them “craft the perfect profile.” Users who are interested are invited to sign up for the waitlist to get more information.

The ad has been greeted with mixed responses on Reddit. A few users expressed curiosity about the idea. Others called Concierge “transparently a scam” and “something that’s going to flop miserably.” A skeptical user shared the theory that Tinder would simply note when a user has a Concierge session and updates their profile, then show them more matches — which increases the likelihood that they’ll get more right swipes — so the user will think the service is working. Several users noted that their version of the ad set a Concierge session at $50, not $20.

Tinder and Bumble Have Become Political Campaign Tools

Bumble
  • Monday, March 23 2020 @ 10:02 am
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Tinder and Bumble Have Become Political Campaign Tools

It’s the 2020 election season, and political campaigns are competing for young voters – and turning to dating apps Tinder and Bumble for help.

Young campaign volunteers are using dating apps to chat with their matches and advertise for their candidates over dating apps, according to International Business Times. Some are even springing for premium versions of Tinder so they can change location and engage voters in other states. Still other app users are advocating for more political engagement, including announcing in their profiles that they only date registered voters.

Tinder Renews Swipe Night Series for Season 2

Tinder
  • Friday, March 20 2020 @ 09:25 am
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Tinder Swipe Night Season 2

Tinder announced that its hit interactive series Swipe Night has been greenlit for season two. The new season is expected to debut this summer, according to The Verge.

Swipe Night season one premiered last year in October in the U.S., and will be released internationally in March. The series consisted of five-minute episodes available once per week (Sunday evenings throughout the month) via the Tinder app. As users watched, they were presented with choices of what to do in real time, which informed how the story unfolded for them, described as a “choose-your-own-adventure” format.

The choices viewers made also populated their user profiles, so other Tinder users could see how they chose and make decisions as to whether or not to swipe right or message them.

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