Dating Apps

The online dating industry had a somewhat awkward second quarter. Global spending showed a modest 3% year-over-year growth — in line with JPMorgan analysts’ expectations. Cory A Carpenter, Daniel Pfeiffer and Doug Anmuth shared their views on the online dating industry in the light of the...

Leading online dating platforms such as Match Group Inc (NYSE:MTCH) owned Tinder and Hinge, Bumble Inc. (NASDAQ:BMBL), and Grindr Inc. (NYSE:GRND) are turning to AI-powered wingmen. What Happened: Dating apps are either developing or testing AI tools and chatbot...

Bumble Inc.’s (NASDAQ:BMBL) plummet last week following a notable miss on revenue underscored the company’s inability to flourish in the competitive world of dating apps, an analyst said. Bumble fell 30% after last Wednesday’s closing bell after the company’s second-quarter...

Bumble Inc (NASDAQ:BMBL) shares are getting stung Thursday as investors flee on fears that financials will be negatively impacted in the short term as the company embarks on a journey to reignite user growth. Analysts largely agree the turnaround is going to take time. What To Know: JPMorgan...

In the dynamic world of online dating, Bumble Inc (NASDAQ:BMBL) and Match Group Inc (NASDAQ:MTCH) stand out as prominent players. Each company’s apps and services have distinct strategies and market approaches. Both companies recently shared insights at the JPMorgan TMC Conference, providing...

Amid struggles in a highly saturated market and earnings misses, Bumble Inc. (NASDAQ:BMBL) has seen a steep drop in share price since its 2021 initial public offering. However, an analyst has raised the company’s rating after seeing encouraging signs that surpass Wall Street forecasts. The...

Dating and networking company Bumble Inc (NASDAQ:BMBL) released its first-quarter results on Wednesday, reaffirming its strong performance and outlook for 2024. The Austin, Texas-based company reported: Revenue of $268 million, a 10% year-over-year (YoY) increase, which exceeded management’s...

Just like many of you out there, I’ve tried using dating apps like Tinder and Bumble multiple times — but more often than not, I always get tired of swiping left and right. Now, don't get me wrong, I’m not saying you can’t find a good match there (some of my friends got hitched...

The 2023 year could go down as the year of artificial intelligence, as companies look for ways to utilize the technology for their business and for their customers. One leading dating company is already ready to put AI to the test to help find love. What Happened: Leading social networking and...

Key Takeaways: Hello Group’s profit rose 21% in the third quarter, as its profit margin increased 3.7 percentage points to 22.4% Revenue and monthly paying users continued to decline for its Momo and Tantan dating apps, but it reported strong gains for its newer apps By Edith Terry...

Bumble Inc‘s (NASDAQ:BMBL) founder CEO Whitney Wolfe Herd is stepping down and becoming executive chair. She is being succeeded by the current Slack CEO Lidiane Jones, who will move into the position on Jan. 2, 2024. About a year ago, when Jones replaced Stewart Butterfield as CEO at Slack,...

Dallas, Texas, based Match Group Inc (NASDAQ:MTCH) is set to report its third-quarter earnings after the market closes on Oct. 31. The company is a leading player in the online dating industry. Match Group has a diverse portfolio of dating apps that cater to different demographics and dating...

Trying to find love in an increasingly digital world has led many to experiment with online dating, but endless scrolling of profiles and pictures can leave some feeling hopeless. One woman decided to post an ad on Craigslist offering to pay someone to pretend to...

Tinder, the popular dating app from Match Group (NASDAQ:MTCH), has added a new verification feature in its photo verification process to ensure a safer and more authentic online dating experience.  What Happened: As social media platforms implement stricter verification procedures, Tinder is...

Dating app company Bumble Inc (NASDAQ: BMBL) shares are trading lower Thursday after market close. Here’s why. What Happened: Shares of Bumble are trading lower Thursday after the company announced a secondary share offering, according to Benzinga Pro.  The company...