online dating

The online dating industry may have hit its roughest patch yet. With global online dating spend flatlining at a projected 0% growth in 2025, JPMorgan analyst Cory Carpenter sees stagnation stemming from a lack of innovation and waning interest among younger users. While AI promises a future of...

Match Group Inc (NASDAQ:MTCH) faces high expectations for its first investor meeting on Wednesday as Wall Street awaits its turnaround plan to check subscriber loss at Tinder. Match has been attempting a turnaround since 2023, including a marketing campaign, updating the Tinder app interface, and ...

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...

Bumble Inc (NASDAQ:BMBL) remains invested in artificial intelligence-powered features to compete with online dating rivals like Tinder. CEO Lidiane Jones showcased upcoming AI tools during Goldman Sachs’ annual technology conference, with plans to leverage AI to improve photo selection,...

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...

Activist fund Elliott Management has made several moves in 2024 including targeting coffee chain Starbucks Corporation (NASDAQ:SBUX), which recently announced a new CEO. A new 13F filing reveals three other key areas Elliott is increasing focus on. Match Group: Online dating company Match Group Inc...

Shares of dating app company Bumble Inc. (NASDAQ:BMBL) experienced a sharp drop, plummeting almost 40% in Thursday’s pre-market trading, following a significant cut in its annual revenue forecast. What Happened: The company now anticipates annual revenue to rise by a meager 1% to 2% compared...

On Wednesday, in celebration of World Emoji Day, BLK, the world's largest dating and lifestyle app for the Black community, is teaming up with GIPHY to launch ‘BLKmojis'—a vibrant collection of emojis and GIFs celebrating Black culture and its influence on social media. Match Group’s BLK...

Bumble Inc. (NASDAQ:BMBL) has decided to withdraw its controversial anti-celibacy advertisements following a wave of criticism. What Happened: The dating app’s new ad campaign, launched in late April, featured billboards with messages like “A vow of celibacy is not the answer” and...

Whitney Wolfe Herd, the founder of Bumble Inc. (NASDAQ:BMBL), has suggested that artificial intelligence (AI) could revolutionize the online dating industry. What Happened: Herd discussed the potential of AI in modern dating at the Bloomberg Technology Summit. She proposed the idea of an “AI...

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...

In a recent note to investors, analyst Cory A Carpenter from JPMorgan highlighted insights gained from a meeting with Match Group Inc‘s (NASDAQ:MTCH) CEO Bernard Kim. During the meeting, Kim shed light on Tinder’s strategy and the company’s approach to innovation within the...

Tinder (NASDAQ:MTCH) is rolling out a more stringent verification process requiring users to submit a video selfie and a photo ID to obtain a special verification badge. The step is meant to combat catfishing. What Happened: Tinder announced that the new verification process will be implemented in...

In a significant shift for the online dating industry, Bumble Inc. (NASDAQ:BMBL) founder Whitney Wolfe Herd has announced her resignation as CEO of the company after ten years at the top. What Happened: Wolfe Herd will be stepping down from her role as the chief executive of Bumble and taking over...

Popular dating app Tinder has launched a new feature named Matchmaker. This innovative tool enables users’ friends and family to review and give their opinions about potential matches, adding a layer of scrutiny to the online dating experience. What Happened: Tinder’s Matchmaker...