Month: February 2020

How Politics Is Changing Dating and Relationships in the Trump Era

Posted on February 7, 2020

Conservativesonly logoAEI.ORG – Feb 5 – A 2017 study by eHarmony found that almost half of users mention Trump, either positively or negatively, in their profiles. Some dating apps have even been created with a specific political group in mind, such as Conservatives Only and TrumpSingles. 63% of Americans say they would not consider dating someone whose views on Trump differ from their own. Trump is more of a deal breaker for women than men. Nearly seven in 10 (69%) of women say they would be unwilling to date someone whose views of the president did not align with their own. Educational background appears to matter little to Americans in deciding whom to date. They care more about religion, lifestyle and life goals, spending habits. Most Americans who are currently married or in committed relationships say they were not aware of the politics of their spouse or partner before they started dating. Younger adults are more likely than are older adults to say they were aware of their partner's political views before they started their relationship.

See full article at AEI.org

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Tinder Loses Chief Product Officer

Posted on February 7, 2020

Tinder ravi mehta linkedinTHE INFORMATION – Feb 5 – Tinder's chief product officer, Ravi Mehta, has left the company after less than a year in the role. Mehta joined Tinder in April 2019 from Facebook, where he was a product director working on the social network’s efforts to reach younger users.

by Alex Heath
See full article at The Information

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Singles Dropped $2.2B on Dating Apps Last Year

Posted on February 7, 2020

Appannnie iconCNET – Feb 5 – Consumers dropped $2.2B on dating apps last year, according to App Annie's State of Mobile Report. The amount is double what was spent two years ago. Tinder and Bumble came in first and second in terms of consumer spending.

by Erin Carson
See full article at CNet

Matrimony.com Acquires Stake in Astrology Company Astro-Vision

Posted on February 5, 2020

Astrovision logoECONOMIC TIMES – Feb 5 – Indian online matchmaking company Matrimony.com has acquired a 26.1% stake in Astro-Vision, an astrology content and horoscope software provider, for an undisclosed sum. Astro-vision provides Vedic astrology content and offers a software that can generate horoscopes. Matrimony.com said Astro-Vision has generated 110M horoscopes till date. Murugavel Janakiraman, Chairman and Managing Director of Matrimony.com, said astrology was critical to a match on the company website.

by Bharani Vaitheesvaran
See full article at Economic Times

See the top news on Matrimony

This post also appears on InternetDatingInvestments.com

Tinder: There Is No Obligation to Release All of the Chat Logs

Posted on February 5, 2020

Tinder fireTHE MEDIA TIMES – Feb 4 – Tinder informed the Irish data protection officer that it is not necessary to pass on "strictly confidential" information, such as entire chat logs, to users who have requested their data in accordance with strict data protection laws. The data protection agency launched an investigation into Tinder on Tuesday, which raised concerns about the processing of user data and compliance with "applications for protection rights" – when a single user requests all information that a company has.

by Antwan Echeverria
See full article at The Media Times

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Survey: 72% of Online Daters Block Other Users for Inappropriate Behavior

Posted on February 5, 2020

Swiping rightPR NEWSWIRE – Feb 4 – 72% of online dating app users have blocked another user at least once in the past six months, according to new survey data from The Manifest. 60% have taken it a step further by reporting a user directly to the platform, suggesting inappropriate or explicit behavior. Most dating apps users (93%) have deleted a dating app in the past six months, citing a variety of reasons behind their decision. 18% deleted a dating app due to stress from using the platform, 11% report deleting a dating app after feeling unsafe. Read the full survey report.

See full article at PR Newswire

A Fake Amazon Dating App Is Going Viral

Posted on February 5, 2020

Amazondating logoINSIDER.COM – Feb 5 – A group of content creators, with an animation company Thinko, created Amazon Dating, a satirical dating platform where people can fake-purchase their dream date. The website looks just like Amazon. Every person who's "for sale" comes with a price, reviews, a bulleted description of hobbies, and a drop down to choose how tall people want them to be. Although Thinko noted that Amazon Dating was a joke, some viewers didn't like that they monetized humans at different prices.

by Julia Naftulin
See full article at Insider.com

Matrimony Reports Q3 Billings Growth of 7.4%

Posted on February 5, 2020

Matrimonycom logo redMATRIMONY.COM – Feb 5 – Matrimony.com, the leading online matrimony company in India, has released its Q3 2019 financial results.

Key financial highlights for the quarter ended December 31, 2019

  • Billing at Rs 91.9 crores (~$13M), (growth of 4.3% q/q and 7.4% y/y)
  • Revenue at Rs 90 crores (~$12.6M), (down 2.4 % q/q and growth of 5.6 y/y)
  • Profit After Tax at Rs 5.6 crores (~$787k), (down 28.3% q/q and 16.5% y/y)

See full article at Matrimony.com

See the top news on Matrimony

Match Group Q4 Results – Annual Revenue $2.1B

Posted on February 5, 2020

Match group logo blue 2019MATCH GROUP – Feb 4 – Match Group total Q4 revenue grew 20% YOY to $547M. The number of subscribers increased 19% to 9.8M, up from 8.2M in Q4 2018. Tinder subscribers were 5.9M in Q4 2019, up 36% YOY. Tinder direct revenue grew 39% YOY. Operating income was $180M, up 19% YOY. Full year 2019 revenue reached $2.1B, up 19% YOU. Tinder 2019 revenue was up 43% YOY – $1.2B. Operating income was up 17% YOY – $649M.

See full article at Match Group website

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The Top Dating Industry News for Feb 4th

Posted on February 4, 2020

Opw tmtOPW – Feb 4 – Match Group's new CEO, Andrey Andreev moves on, US Inquiry Over Underage Use, Tinder & GDPR, Grindr hit with a class-action lawsuit.

For the top weekly dating industry news in ~2 minutes subscribe to OPW's Two Minute Tuesdays (TMT) podcast on Breaker Breaker, Google Podcasts Google Podcasts, Spotify Spotify, Anchor Anchor , Stitcher Stitcher, Overcast Overcast, Radio Public Radio Public or Apple Podcasts Apple Podcasts.