BUSINESSWIRE – RAW dating app, created by women for women, prioritizes user safety and respect with innovative features. Its flagging system allows users to mark profiles with red, green, or beige flags based on interactions. Red flags indicate serious concerns. Green flags highlight positive traits or behaviors, showcasing a user's genuine intentions. Beige flags are for minor concerns that may not be deal-breakers but are worth noting. In addition to the flagging system, RAW implements 100% user verification via phone number. The app also requires users to upload a new, unedited photo every day to continue swiping, eliminating the possibility of using outdated or misleading photos.
Month: March 2024
Tinder to Provide EU Users With More Clarity on Prices to End Probe
REUTERS – Tinder will improve pricing transparency for premium services in the EU after consumer watchdogs raised concerns. The app uses automated methods to offer personalized discounts, but users were not informed, breaching consumer laws. Tinder will now clearly disclose personalized discounts and their factors. The EU stresses the need for transparency. Tinder stated discounts are applied evenly based on various factors. Compliance will be monitored, with fines possible for non-compliance.
ProSiebenSat.1 Ends 2023 With Strong Fourth Quarter and Expects Revenue Growth in 2024
PROSIEBENSAT1 – ProSiebenSat.1 Group's dating business faced challenges in 2023, with a 16% revenue decline to 434M Eur. This was influenced by competitive market conditions and legal changes affecting subscription models. In 2022, the Fair Consumer Contracts Act came into force in Germany, which particularly affects the subscription on Parship and ElitePartner. Despite this, the company aims to strengthen profitability and reduce debt, focusing on investing more in local content. For 2024, they anticipate a slight revenue increase, with a stable EBITDA.
Wable – a Dating App for the Neurodivergent Community
9 NOW – Wable is a new dating app designed to help people with autism find love. Star of ABC's program Love on the Spectrum, Michael Theo, gave a raw and real insight as to what dating is like for someone on the autism spectrum. He is the app's ambassador. Wable co-founder Holly Fowler said the app's name stood for 'willing and able' and contained tools designed to help initiate conversation.
Matrimony.com’s Apps Return to Play Store
LINKEDIN – Matrimony.com's apps are back on Play Store after 4 days, thanks to Ministers Shri Ashwini Vaishnaw and Shri Rajeev Chandrasekhar's swift support. Murugavel Janakiraman, Founder & CEO, expresses gratitude for their assistance in restoring the apps. He emphasizes the need for fair market practices and advocates for the Digital Competition Act. Janakiraman thanks fellow entrepreneurs, media, and supporters for their solidarity, highlighting the community effort in Matrimony.com's return to service.
Hyperconnect Marks 10th Anniversary With Global Focus
EKN – Hyperconnect celebrates its 10th anniversary with a focus on global challenges. Known for innovative AI and video tech, it aims to continue connecting users worldwide. Notable platforms include 'Azar' and 'Hakuna Live'. With a tech-driven approach and strategic partnerships, Hyperconnect remains committed to enhancing global connectivity. CEO Linda Kim emphasizes the company's dedication to innovation and addressing evolving market needs.
Speed Dating Makes a Comeback Amid Dating App Fatigue
WASHINGTON POST – Speed dating is making a comeback as dating app fatigue prompts singles to seek face-to-face connections. In San Francisco, participants embrace the analog approach, finding events through flyers and paying for in-person encounters. With concerns about dating app scams and addictive features, individuals are drawn to the authenticity of speed dating. Despite challenges like talking to strangers and facing rejection, the allure of genuine connections outweighs the risks. While the transition from apps to in-person encounters may be awkward, many find it a refreshing change of pace.
After Dating App Murders Spike in Colombia, Match Group Offers to Help the Police
REST OF WORLD – In response to rising incidents of robbery and violence against foreigners in Medellín, Colombia, often linked to dating app meetups, Match Group met with the U.S. Embassy and local authorities to address safety concerns. Tinder, a Match Group app, will begin training Colombian police on using its crime reporting tools. Despite these efforts, experts and victims argue that dating apps still place too much safety responsibility on users. The city, an epicenter for such crimes, has seen a spike in tourist deaths, with many cases connected to app interactions. Tinder's initiatives, including in-app warnings and user verification, aim to mitigate risks, but calls for more comprehensive safety measures persist.
Announcing LTR Edition 30 With Jim Safka, Former CEO of Match.com
OPW – Edition 30 of the LTR (Love, Tech, Relationships) online experience will be on Wed, March 20th at 1PM EST (New York time). In this edition Jim Safka, former CEO of Match.com and Ask.com, who will share his wealth of experience and lessons learned from leading major tech companies. Jim turned Match around from 2004 thru 2007.
We have a half-hour of networking on virtual tables, followed by 50 mins of presentations and another short networking session. 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 welcome to join LTR events for free.
See the LTR Edition 30 invite page here.
Email mark@courtlandbrooks.com to RSVP.
This LTR is kindly sponsored by ParshipMeet Group, RealMe, along with Courtland Brooks and Matchmaker.com.
Match Group Unveils New Singapore Office Amid Chinese New Year Celebrations
