Quick links to today's dating news headlines.
Month: May 2022
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OPW – We're dedicated to providing executive summaries on the news you can use, to get smarter, and make better decisions.
Matchmaker.com Launches at The Global Love Conference
OPW –
The Global Love Conference happened Thursday 12th May, with over 100 of the top matchmakers from around the world. Matchmaker.com launched at the event as a platform for people to find a matchmaker.
Matrimony.com Surged 16.53% After Board’s Approval of Share Buyback
BUSINESS-STANDARD – The company's board approved a share buyback worth Rs 75 crore ($9.6M) at price not exceeding Rs 1,150 ($14.8) per share. The maximum buyback price represents 72.5% premium to yesterday's closing price. The company also announced its earnings for the quarter and the year ended on 31 March 2022. Q4 Net profit increased 15.6% YOY to Rs 11.7 crore ($1.5M), and revenue increased 9.4% YOY to Rs crore ($14.2M).
Tinder Brought Its “Festival Mode” Feature to Life
BIZBASH – Tinder's new "Festival Mode" facilitates connections at music events. Created in partnership with Live Nation, Festival Moda allows users to select which live music events and festivals they'll be attending, and connect with others who plan to attend the same event. The feature currently lets users choose between 20 festivals from around the world.
Dating News Headlines: Algo, Shaadi, BharatMatrimony
Quick links to today's dating news headlines.
London Startup Founder Fireside Chat: Ft. Gloria Diez
OPW – Join Entrepreneurs Collective in partnership with Global Dating Accelerator, for a Startup Founder Fireside Chat Featuring Gloria Diez at Home Grown. Gloria was one of the founding team at Badoo and CMO as well as launching their Wamba product and more recently her own project Swant. Gloria will be sharing her journey of over 15 years in user acquisition and community growth in dating and social media apps. The event will take place on Tuesday 17th of May at 18:00 at Home Grown Private Members' Club London and streamed online as well. The event is free to attend for members of IDEA and OSCA (email us at tips@onlinepersonalswatch.com for a code to attend for free) or can be purchased for £35 for non-members. Full event details and to buy a ticket for in-person are available here. Or you can sign up to the the free live stream event here.
Announcing Trust & Safety Connect Event on Defending Our Communities Against Scammers
OPW – Trust & Safety Connect (TSC) is on Wed 18th May at 11:30 AM EST (New York), and for this quarterly online event we're focused on 'Defending Our Communities Against Scammers.' We have a half-hour of networking on virtual tables, then a 50-minute panel with four world-class panelists – Jorij Abraham, GM & Founder of Global Anti-Scam Alliance & ScamAdviser.com; Steve Baker, Former Director at FTC; Mark Kapczynski, SVP at OneRep; and moderator Norman Petty, who is head of Trust & Safety at The Meet Group. 1.5 hours all-in.
If you hold a full-time leadership role at an Internet dating company then you are welcome to join IDEA for free and join TSC (and LTR) events for free. See the Trust & Safety Connect speakers and invite page here. Email mark@courtlandbrooks.com to RSVP for TSC. There are 40 places only.
Trust & Safety Connect is kindly sponsored by RealMe, vPaaS by Meet Group, FaceTec, OneRep, and Courtland Brooks
Dating News Headlines: Matrimony, Tinder
Quick links to today's dating news headlines.
Investor Wariness of Subscription Tech Services Extended to Dating Apps
WALL STREET JOURNAL – Investors have fallen out of love with tech subscription businesses lately, facing the reality that there is no such thing as infinite growth. Dating has been no exception: Match and Bumble shares were down an average of ~59% over the last year as of Wednesday's close. Over that period, S&P 500 has lost under 5%. Dating companies are looking to international expansion to tap into markets where their apps are historically underpenetrated, but where they think opportunity is especially ripe. Bumble has made a big push in India, while Match has had a lot of success with its Pairs app in Japan.
by Laura Forman
See full article at Wall Street Journal
See the top news on Match Group
See the top news on Bumble
See the top news on Pairs
