Month: September 2022

Hello Group Q2 Financial Results

Posted on September 1, 2022

Hello GroupHELLO GROUP – Hello Group (Momo) is a leading mobile social and entertainment platform in China. Q2 2022 net revenues decreased by 15.3% YOY to RMB3,110.4M ($464.4M). Net income decreased to RMB345.6M ($51.6M) from RMB464.2M in Q2 2021. Monthly Active Users on Momo app were 111.2M in June 2022, compared to 115.6M in June 2021. MAU on Tantan were 24.8M in June 2022. For the Momo app total paying users was 8.6M in Q2 2022, compared to 9.3M for the same period last year. Tantan had 2.2M paying users in Q2 2022 compared to 3.1M from the year ago period.

See full article at Hello Group website

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The Toll of Dating App Burnout

Posted on September 1, 2022

Online dating burnoutNEW YORK TIMES – Ten years after the launch of Tinder, some long-term online daters say endless swiping has left them with a bad case of burnout. People in the throes of burnout tend to feel depleted and cynical. For some, the only real option is to quit the dating apps cold turkey; for others, it is about finding smaller ways to set boundaries. "People just get overwhelmed with the whole dating process," said Helen Fisher, a biological anthropologist and chief science adviser to Match.com. Not everyone. The 2020 Pew survey found that 12% of Americans have married or been in a committed relationship with someone they met online, while 57% of those who said they'd tried a dating app said their experience was somewhat, if not very, positive. There are strategies users can try to feel less burned out, one of which may be to simply slow down and talk to fewer matches at once. Bumble encourages users to "browse mindfully" and "stay balanced". "People binge, and that is what exhausts them," Dr. Fisher said.

by Catherine Pearson
See full article at New York Times

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Match Group to Present at the Goldman Sachs Communacopia + Technology Conference

Posted on September 1, 2022

Match Group logo for social mediaPR NEWSWIRE – Gary Swidler, COO & CFO, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 14th at 11:30 am PST. A live webcast and replay of the fireside chat will be available at https://ir.mtch.com/news-and-events/events.

See full article at PR Newswire

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Positive Singles Added FaceID and TouchID Identification

Posted on September 1, 2022

PositiveSingles logoNEWSWIRE – An additional authorization has been added that will be required every time Positive Singles' users open their iOS app. The extra authorization comes in the form of Face ID, Touch ID, or other identification methods. With this extra layer of authentication, the site will be able to ensure that unauthorized people will not be able to access the app and thereby pretend to be someone else.

See full article at Newswire

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