THE VERGE – Nov 9 – Tinder is getting new features that will "blur lines between the physical and digital world for dating." Greg Blatt, the CEO of Tinder's parent company, Match, says the new features will make the app less boring. Match posted its Q3 earnings yesterday, noting that overall revenue of $343M was up 19% YOY. Blatt attributed the higher numbers to the success of Tinder Gold, and hinted at new features expected to hit Tinder in a few weeks, including AI and location-based functions. Tinder has also gained 476K paying subscribers in this quarter. "Until now, Tinder has basically been a swiping machine," said Blatt during the call. "It's effective and simple but ultimately limited." He outlined a plan to change the whole Tinder experience after a match is made. Even less detail was given about Tinder's future AI features, except that they will be consumer-facing and reliant on user data to personalize app experiences.
by Shannon Liao
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Summarized by the Courtland Brooks team