PRESS RELEASE – Grindr reported Q2 revenue of $104M, up from $82M a year ago, with net income of $17M (16% margin) and Adjusted EBITDA of $45M (43% margin). The platform now reaches 14.5M monthly active users across 190+ countries. Grindr also announced CFO Vanna Krantz will step down after helping take the company public and shaping long-term strategy. A search for her successor is underway.
See full article at Grindr website
Curated by the Courtland Brooks team
GRINDR – Grindr CFO Vanna Krantz will step down once a successor is named, after three years in the role. She helped take the company public, build investor relations, and shape its long-term financial plan. Grindr has begun searching for her replacement.
See full article at Grindr website
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TECH CRUNCH – CEO Spencer Rascoff said Tinder will debut “modes,” which will allow users to switch between different dating goals. A broader redesign will include features aimed at college students. Another new feature allows users to like specific parts of a profile and start conversations based on those likes, similar to Hinge. Q2 revenue was flat at $864M and earnings declined from $133M year-over-year to $122M. A better-than-expected Q3 outlook forecast revenue of $910-920M. Match will invest $50M in product development and experiment with AI matching on Tinder, which it debuted in New Zealand earlier this year with matches based on info from profiles and insights from camera roll photos. Tinder’s Double Date option, launched in June, lets users pair up with a friend to match with another couple.
See full article at Tech Crunch
Mark Brooks: The $50M in AI product development is the real news here. Match has the pockets to really deliver on AI-based disruption and meaningful product improvements.
Curated by the Courtland Brooks team
TECH CRUNCH – TeaOnHer launched in the Apple app store this week and is an app designed for men to share photos and information about women they have supposedly dated. It has exposed users' personal information, IDs, and selfies, TechCrunch confirmed. TeaOnHer is a response to the app 'Tea' (6m users) that allows women to post about the men they date. Tea had a data breach with 72k images, selfies, IDs, and also 1M private messages. TeaOnHer now ranks No.2 in Lifestyle apps on iOS.
See full article at Tech Crunch
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LINKEDIN – Amanda Bradford started The League in 2014 and grew it to $15M revenue and $6M EBITDA, with 300k MAU across 155 cities …with just a $2.3M seed round. Match Group acquired The League in July 2022 for $30M and she stayed on as CMO & CPO-building an upsell program and implementing Tinder’s safety systems.
Mark Brooks: Amanda built a unique dating property that fits nicely in the Match Group portfolio.
Curated by the Courtland Brooks team
TIPRANKS – The notes are priced at par with a 6.125% interest rate and close on August 20, for qualified institutional buyers and certain persons outside the U.S. Match Groups' current market cap stands at $8.3B.
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BUSINESS INSIDER – Bumble will launch a new version of its friend-making app, Bumble For Friends. It's a "long-term growth" opportunity for the company…as demand for friendship, real-world connection, and belonging continues to grow." BFF is built on Geneva, a community platform Bumble acquired ($17m in July '24). One-on-one matching, IRL events, and community features are included. Friend-making apps have been having a moment, too. IRL apps 222, Pie, and Timeleft are setting people up with strangers or connecting them with local communities. Bumble reported a 7.6% YOY Q2 decline in revenue, decreasing from $269M in 2024 to $248M. Paying users declined 8.7%.
See full article at Business Insider
Mark Brooks: Bumble is beautifully positioned to be social, but the path is fraught with danger. Dating and social are antithetical. However, I think Bumble, under Whitney, can pull this off.
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BLOOMBERG LAW – Investor Ned Habedus is suing current and former Match Group executives, accusing them of downplaying safety issues on Tinder and overstating the app’s growth potential. The lawsuit follows a Pulitzer Center investigation that revealed banned users could easily return to Tinder or switch to other Match-owned apps. Habedus alleges that user decline was driven by safety concerns. The suit, filed in federal court in California, seeks damages, restitution, and corporate governance reforms. A similar class action is also pending.
See full article at Bloomberg Law
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PRESS RELEASE Match Group reported Q2 2025 revenue of $864M, flat year-over-year, with a 5% decline in payers to 14.1M. Operating income was $194M, down 5% YOY, impacted by restructuring costs.
Tinder Updates:
New features:
Trust and safety improvements:
Tinder Financials:
Hinge Financials:
Match Group continues executing its three-phase transformation plan: Reset – Rebuilding structure and culture, Revitalize – Accelerating product development, and Resurgence – Driving long-term category growth.
See full article at Match Group website
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PR NEWSWIRE – Tawkify's Summer 2025 Dating Trends Report shows singles are prioritizing deeper, more intentional connections. Activity-based dates like park walks and museum visits are rising, and 64% are willing to travel for the right match. Interest in fitness and authenticity is growing, while divorced daters are approaching relationships with clear priorities. Among those 40+, use of dating apps is declining, reflecting a shift toward human-led matchmaking.
See full article at PR Newswire
Curated by the Courtland Brooks team
