WASHINGTON POST – Jan 6 – Dating experts are calling 2016 a bad year for dating trends. Having constant access to a pool of potential matches at their fingertips is making people more impatient, causing unrealistic expectations for first dates and a general decline in effort. There are so many dating apps, the market is getting saturated and daters are feeling overwhelmed. So online dating is trending toward niche apps. Julie Spira, founder of CyberDatingExpert.com, believes that 2017 will see more of a push for people to meet in real life. She predicts a rise in apps like Whim, which skips the pre-date conversation and immediately matches people for meetups.
Month: January 2017
Bumble Vs Tinder
TECH CRUNCH – Jan 3 – Now that Bumble is just about two years ago, we can start looking back and comparing it to where Tinder was at its two year birthday. Back in 2014 Tinder was expanding beyond college campuses and set on becoming dating app for all. Two years in the company was seeing a billion swipes a day, and matching ~12M people a day. On average, active users were spending ~90 minutes per day in the app. Bumble, on the other hand, reported that just 18 months after inception users were spending ~100 minutes a day in the app. And two years after launching, the company is matching ~4M people a day and seeing ~220M swipes per day. Swipe-based dating apps are much more common than they were two years ago. There is much more competition, and when Tinder was young it was one of the only app-based dating platforms in the space.
by Fitz Tepper
See full article at Tech Crunch
Click Is The New Lesbian Dating App
CURVE MAGAZINE – Jan 3 – The phenomenon of the disappearing lesbian bars around the world motivated social entrepreneur Liz James to create Click lesbian app. There is no swiping. Members are matched based on the values and interests they share.
Kisstle – New Sugar Daddy Dating Site
PR NEWSWIRE – Jan 4 – Kisstle, a new dating platform designed to connect young, beautiful, and successful women with accomplished and experienced men, has launched this week. On Kisstle, men are required to verify their income and profession. Girls are required to verify their identity and pretty disposition, plus their career and aspirations.
Bae Was Acquired By If(we), Parent Company Of Tagged
FAST COMPANY – Jan 5 – Bae, the dating app for African-American millennials, was just acquired by if(we), the parent company of Tagged. The Bae name is being retired and its users will be streamlined into Tagged and its global dating pool. Bae was cofounded in 2013 by tech-savvy brothers Brian and Justin Gerrard, and friend Jordan Kunzika. Bae (Before Anyone Else) received 17K downloads in its first month. Brian and Justin will move to San Francisco to lead marketing and growth across if(we)'s entire portfolio, which includes Tagged, Hi5, Fandom, and new social streaming site WeChill.
by Lindsay Goldwert
See full article at Fast Company
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This post also appears on InternetDatingInvestments.
Ashley Madison Data Breach Claims Should Be Arbitrated, Company Says
NATIONAL LAW JOURNAL – Jan 5 – AshleyMadison.com's parent company is hoping to knock out ~20 class actions filed over its 2015 data breach by invoking online arbitration agreements users signed when they subscribed to its matchmaking services. According to Ruby Corp, AM parents company, users agreed to arbitrate their disputes when they set up an account on AshleyMadison.com. Lawyers are due in court on Jan 6 to schedule oral arguments on the matter.
by Amanda Bronstad
The full article was originally published at National Law Journal, but is no longer available.
Cheating Website Victoria Milan Plans To Double Its 75K Irish Members In 2017
IRISHMIRROR.IE – Jan 5 – "We currently have ~75k Irish users and are aiming to reach 150k users in 2017 with our marketing and PR activations", said Sigurd Vedal, CEO of Victoria Milan. Although the figures sound ambitious, Mr Vedal says since he launched the website in 2010 they've racked up ~5.8M members in 33 countries.
by Kathy Armstrong
See full article at IrishMirror.ie
Zoosk To Speak At iDate Internet Dating Conference
WEBWIRE – Jan 4 – Daniel Mori, Marketing VP from Zoosk will speak on marketing strategy for mobile dating at the next iDate (Internet dating conference), that is taking place at the Miami Beach Botanical Gardens on January 24-26, 2017.
Match Group Has Lots Of Room To Grow
THE MOTLEY FOOL – Jan 3 – Since 2011, the online dating market has grown ~42%, according to Match. In 2011, there were 360M singles online looking for a partner, and at that point, Match had a monthly active user count of 8M, representing ~2% of the market. In 2016, Match has a monthly active user count of 59M and the number of single people online looking for partners has grown to 511M. That gives Match a hand in 11.5% of the online dating market. In the next four years, Match expects the number of single people online to grow another 31%.
The company expects to see big growth in India, Russia, Eastern Europe, South Korea, and Japan. India tops that list with an estimated 197M singles. Tinder recorded 400% growth in India last year. Tinder accounts for 27% of Match Group's total paid member base. During Q3, Tinder accounted for ~66% of the company's total paid member additions by bringing onboard 93k paid members.
by Harsh Chauhan
See full article at The Motley Fool
Coffee Meets Bagel Is Launching New Apps – DateSpots.co And Mixtape
TECH CRUNCH – Coffee Meets Bagel, the dating app that shows you one match per day, has build new apps with the help of Yelp and Spotify. The first app is called DateSpots.co and it lets people search for the perfect spot for a first date. The second one is Mixtape. Using Spotify's public API, Mixtape lets users build out collaborative playlists with their dates.
by Jordan Crook
See full article at Tech Crunch
