INDIAN EXPRESS – Mar 9 – According to a study done by OkCupid, only 28%of women can choose freely for themselves. The majority has to seek 'permission' to live their lives, and considering that pursuing education and having a career is a privilege for many Indian women, it is disappointing that 79% of women need their partners' permission to prioritise their career, the data found.
Month: March 2021
Spark Networks Provides Financial Guidance for Full Year 2021
PR NEWSWIRE – Mar 8 – Spark Networks anticipates total revenue for the 2021 fiscal year to be in the range of $238 to $244M. Management expects that 2021 Adjusted EBITDA will reach ~$33 to $36M.
How Female Entrepreneurs Are Changing the Online Dating Landscape
FORBES – Mar 8 – Bumble founder Whitney Wolfe Herd recently became the world's youngest self-made billionaire after her dating app's wildly successful IPO. Bumble's success serves as a wake-up call for an industry that has traditionally been dominated by male leadership. Kim Kaplan, who was also part of the founding team of Plenty of Fish, launched Snack, a dating app that blends video with communication features popularized by Tinder and Bumble. Wolfe Herd and Kaplan are not the only women founders and executives changing the dating app game for the better. Based in San Francisco, the three Kang sisters – Arum, Dawoon and Soo – cofounded the dating app Coffee Meets Bagel. Another female founder, Amanda Bradford saw the need for ambitious, working professionals. She launched The League, a dating app that draws member information from LinkedIn.
by Serenity Gibbons
See full article at Forbes
See the top news on Bumble See the top news on The League
See the top news on Coffee Meets Bagel See the top news on Snack
UK Competition Regulator Launches Investigation Into Apple’s App Store
ZDNET – Mar 8 – The UK Competition and Markets Authority (CMA) has launched an investigation into Apple, following complaints that its terms and conditions for app developers are allegedly unfair and anti-competitive. While there is similar work being conducted globally, including in the US, Australia is also looking into app marketplaces. As part of a probe conducted by an Australian Select Committee, Senators on Friday heard from Match Group. Mark Buse, SVP and head of global government relations and policy for Match Group, said the current app store marketplace, which operates as "two side-by-side monopolies", severely constricts companies from serving consumers and offering them the "newest, most innovative features being developed by the fintech community". Buse was also pointing to Google, saying although the tech giant does allow third-party app marketplaces to be deployed on Android devices, it essentially pushes all traffic through the Google Play Store. Google announced late last year it would follow Apple's approach and require digital apps to use its in-app payment system exclusively, as well, which Buse said also means paying the 30% fee imposed by Apple.
Most People Swipe Right Based on Looks and Race
DAILYMAIL.CO.UK – Mar 8 – Psychologists in the US tested people's dating app swiping behaviours in the lab. Appearance and race were the best predictors of which way people would swipe. Decisions were often made in less than one second. The study was conducted by researchers from Michigan State University and the University of Maryland.
“Ban Gleeden for Its Defamatory Survey “, Demands an Indian Politician
INDIAN EXPRESS – Mar 8 – Dr. Manisha Kayande, an Indian politician and member of Shiv Sena from Maharashtra, said the extra-marital dating app had claimed to have surveyed millions of Indian women who reportedly admitted to indulging in extra-marital affairs. "Gleeden has published its survey results in an Indian daily. It is nothing but an attempt to defame women of this country. It should be banned or must face appropriate legal action," the Sena MLC said.
“How I Raised It” Podcast With Adam Cohen Aslatei of S’More
SOUNDCLOUD – Mar 8 – This episode is with Adam Cohen-Aslatei of S'More, a dating app that's focused on helping users find more meaningful relationships. Adam talks about finding out what is unique about YOU (and pitching that to investors), how to reach out and connect on LinkedIn, how to pitch "high profile" investors such as Mark Pincus, and more.
Ep. 185 How I Raised It With Adam Cohen Aslatai Of S'More
You’ve Got a Friend in New Social-Media Apps
WALL STREET JOURNAL – Mar 6 – Dating apps are taking a platonic turn. An analysis by venture-capital firm Andreessen Horowitz showed friend discovery is the fastest-growing category of mobile social apps in the U.S. Citing data from Apptopia, with friendship apps like Itsme, Wink and Yubo being the fastest-growing apps nationwide. Bumble BFF accounted for 9% of its total monthly active users as of Sep 2020. That traffic seems to have come mostly organically. Match Group has also been chasing friendships and other platonic connections. It estimates this market is twice the size of dating. Match Group paid $1.7B in cash and stock for South Korean social-media company Hyperconnect in its biggest acquisition ever. Hyperconnect is already generating profits and did $200M in revenue in 2020, up 50% YOY. Hyperconnect owns two video apps in Azar, which is the highest grossing one-to-one video chat app in the world; and Hakuna, which offers group live video, audio and avatar-based streaming.
Luxury Matchmaking Firm Opens San Francisco Office
ISSUEWIRE – Mar 6 – Select Date Society, a luxury matchmaking firm, with clients nationwide, has opened a San Francisco office. The firm has five office locations throughout the US and works with clients in most major metro areas. They work with clients who are emotionally and financially sound, and who they truly feel they can find success for.
Hily Launches a New Feature That Blurs Inappropriate Pictures
