TECH CRUNCH – Match spoke today about its broader plans for a dating "metaverse," and avatar-based virtual experiences that may later roll out to apps across its portfolio, including Tinder. In terms of the virtual economy, the first phase of its development includes Tinder Coins, which are already being tested in several markets, including a few countries in Europe. Next year, Tinder Coins will become available to global users to make in-app purchases of Tinder's à la carte products, like Boost and Super Like. Longer-term, however, Tinder will evolve its app to include virtual goods and a trading ecosystem, which is being planned for 2022 and beyond. Match Group also spoke about Hyperconnect's test of an avatar-based dating app and "metaverse" experience called Single Town, where users interact using real-time audio and meet each other in virtual spaces. This type of interactivity is something Match Group eventually wants to leverage across its portfolio.
Month: November 2021
Best Dating Apps in 2021
PCMAG – Since 1982, PCMag has tested and rated thousands of products to help people make better buying decisions. Here is the list of top 10 dating apps:
- Match
- Tinder
- Bumble
- Clover
- Hinge
- Kippo
- OKCupid
- eharmony
- Facebook Dating
- POF
All of these companies offer both iPhone apps and Android apps. Most also have desktop counterparts. The apps let people block and report users who haven't taken the hint. Bumble blurs nudes with AI. Tinder lets users secretly alert emergency services if they're on a bad date. There are even third-party solutions. UrSafe is a hands-free, voice-activated personal safety app with features for online daters who are looking to meet up with their matches in-person.
In case dating wasn't difficult enough, our social lives were upended by the COVID-19 epidemic. Bumble, Clover, eharmony, Hinge, Match, Plenty of Fish, and Tinder all offer video chat. Apps with more specific target audiences are also adopting this feature, including the mobile-only Muslim dating app Muzmatch. Snack introduces TikTok-style video functionality to dating profiles.
Black Shadow Leaks More Data From Atraf
JPOST – The hacking group leaked more data from gay dating app Atraf after its demand for ransom was not met within 48 hours. The hackers broke into web hosting company Cyberserve's servers and have since been threatening to release data from Atraf, as well as Dan bus company and tour booking company Pegasus, who were clients of Cyberserve's and had their data stored on their servers.
Match Group Q3 Results, Revenue up 25% YOY
MATCH GROUP – Total revenue grew 25% YOY to $802M. Operating income was $221M, up 10% YOY. Adjusted EBITDA was $285M, up 15% YOY. Payers increased 16% to 16.3M, up from 14M in Q3 2020. Tinder revenue grew 20% driven by 19% payers growth to 10.4M. Hyperconnect added $53M of revenue.
Venntro Media Group Integrates RealMe Background Verification
PR NEWSWIRE – Social discovery and online dating business, Venntro Media Group, has integrated RealMe, an online reputation platform, to protect their members. The RealMe platform offers background verification checks across an extensive database of ~275M profiles containing publicly available background information and reputation details.
See full article at PR Newswire
See the top news on WhiteLabelDating.com
See the top news on RealMe
Bumble Is Campaigning to Make Cyberflashing Illegal
MASHABLE – Cyberflashing is the act of sending non-consensual explicit photos. The violation is not currently illegal in England and Wales. It has been criminalised in Scotland for more than a decade. Bumble is launching a campaign #DigitalFlashingIsFlashing to call on the UK government to acknowledge the need for a new law in England and Wales criminalising the sending of non-consensual explicit images. According to Bumble, 48% of women aged 18 to 24 had received a non-consensual sexual photo in the last year alone, with 59% reporting they felt less trusting of others online afterwards, with one in four stating they feel violated.
Tinder’s ‘Swipe Night’ Returns November 7
TECH CRUNCH – Tinder is bringing back "Swipe Night," its interactive in-app event that allows its users another way to break the ice. After the first season's "choose your own adventure" apocalyptic storyline brought in ~20M users. "Swipe Night: Killer Weekend," will kick off on November 7th at 6 PM.
‘Shark Tank’: Kevin O’Leary Inks $300K Deal With Tabby, a Dating App for Cat Lovers
MEAWW – Kevin O'Leary has a new nickname – The Litter King. The famous Shark on 'Shark Tank' gave himself his latest nickname after closing a deal with the founders of Tabby, a dating app for cat lovers for $300K. Sterling Davis, Leigh Isaacson, and Nathan Kehn of Tabby stepped into the tank seeking $300K for a 20% stake.
by Sushma Karra
See full article at Meaww
This post also appears on InternetDatingInvestments.com

