The stakes are rising. Indian consumers spent close to $10 million in 2022 on dating and friendship apps
Dating app Tinder has started to roll out new features aimed at assisting people in finding the right relationship for them while also being more authentic on their dating profiles
The dating app also released a dictionary defining 23 terms that describe dating in 2023
Match Group topped quarterly revenue estimates as more users looking for matches and connections took paid subscriptions on dating app Tinder, sending the company's shares up 16 per cent
According to company executives, users on dating apps, such as Tinder, Bumble, and TrulyMadly, from outside of metro cities now account for 70 per cent
Despite the social distancing of the past 18 months, the use of dating apps in general has surged as people sought connections amid their isolation
Founded by Tinder co-founder Whitney Wolfe Herd, Bumble raised $2.2 billion in its initial public offering last month
The IPO gave the Austin, Texas-based company a market capitalization of more than $7 billion
Norway's Data Protection Authority said it plans to fine dating app Grindr $11.7 million for what the regulator said was illegal disclosure of user data to advertising firms
If you're a guy who owns a cat, what kind of effect does it have on suitors if you post a picture posing with your favorite feline?
From virtual date recommendations to video calling, dating apps are innovating to keep users hooked
From watching netflix shows together to cooking favourite recipes, singles are trying innovative ways to make virtual dating interesting
The firm is inviting applications from companies where at least 50 per cent of the founding team are women or identify as women
This evolution is having an economic impact 'because it's driving consumer spending, it's driving household formation'
Loneliness is a global challenge. Nearly half of Americans say they sometimes or always feel alone or left out
However, researchers still say the benefits of online dating outweigh the drawbacks
Online dating is perhaps the clearest example of market principles in the world of romance