Month: February 2024
Bumble Q4 and Full Year 2023 Results
PRESS RELEASE – Q4 revenue increased 13.2% YOY to $273.6M. Bumble App revenue increased 15.7% to $220.7M. Badoo App and Other Revenue increased 4.2% to $52.9M. Total Paying Users increased 16.4% to 4M. Net loss was $32M. Full year 2023 revenue increased 16.4% to $1,052M, compared to $903.5M. Net loss was $1.9M.
Muzz Launches Muzz Social, a Social Network for Muslims
Did You Miss LTR?
OPW – Subscribe to our LTR youtube channel here, and hit the bell icon, and you will see when we run the latest LTR talks and interviews on Youtube. See the next event at http://www.LTR.us.
Tinder’s New CEO: ‘We Have Dropped the Ball’ on Women’s Experiences
by Emma Hinchliffe & Joseph Abrams
See full article at Fortune Magazine
New Jersey Settles With Bumble Over Misrepresentation of Background Screening Policies
NJBIZ – New Jersey has reached a settlement with Bumble, requiring the dating app to pay $315K and revise its business practices. The investigation revealed that Bumble and Badoo inaccurately represented or failed to disclose their criminal background screening policies, violating the New Jersey Consumer Fraud Act and Internet Dating Safety Act. Under the settlement, Bumble must accurately disclose its background screening policies, specify whether individuals with criminal backgrounds can access the services to communicate with New Jersey users, and provide details and caveats regarding the background screenings. Bumble will also update its disclosures on its websites and apps and inform existing New Jersey users of these changes through email and pop-up notifications.
Matrimony.com Launches MeraLuv, a Dating App for Indian Americans
AFAQS – Matrimony.com has introduced MeraLuv, a new dating app for Indian Americans, offering a three-month free subscription with full app functionality starting Mar 7, 2024. The app aims to address the needs of the growing Indian diaspora in the US, providing a platform for users to connect with potential partners who share similar values and aspirations without the pressure of immediate marriage. MeraLuv emphasizes safety and privacy, with verified profiles and features like voice notes and chat for communication.
Internet Dating Jobs Listing Update – February 2024
OPW – The new Internet dating jobs listing is live on the Internet Dating Jobs blog.
Below see a couple of this month's most interesting offers:
ParshipMeet Group
Manager Group Projects
Together Light
Digital Marketing Project Manager
Grindr
Head of Government Affairs
Hinge
Design Director – Growth, Platform
Match Group
Corporate Counsel
Muzz
Head of Growth
Social Discovery Group
Chief Data Officer
Tawkify
VP Marketing
Tinder
VP Product, Core Experience
To see more open positions go here.
Do you have an idating industry job offer which is not included? Please, send it to tips@onlinepersonalswatch.com and we will add it to the list.
Hinge Launches Phonebook to Encourage Offline Connections
LINKEDIN – In honor of the Global Day of Unplugging on Mar 1st, Hinge has launched an innovative initiative called the Hinge Phonebook. This phone-shaped book is filled with creative ideas to help users unplug and engage in real-life connections. Available for free at hinge.co/OneMoreHour, the Hinge Phonebook is a testament to the company's commitment to promoting IRL interactions. Additionally, Hinge is collaborating with the Global Day of Unplugging to provide microgrants for 100 unplugged experiences across the U.S.
Match Group Teams up With OpenAI
PRESS RELEASE – Match Group has partnered with OpenAI to provide~1000 ChatGPT Enterprise licenses to its employees. This collaboration aims to enhance productivity and innovation by integrating ChatGPT into various aspects of Match Group's workflow, including communications, coding, and design. Match Group's CTO, Will Wu, expressed excitement about the partnership, highlighting its potential to revolutionize the company's work culture.