OPW – Users spent ±$340M across Tinder, Bumble and Hinge in May. All three hit a new all-time revenue high. Bumble is slowing down and Hinge is pushing harder, flipping their positions, putting Hinge on top. Bumble’s gross revenue from the App Store and Google Play dropped ±20%, roughly $16M, since their all-time high in May. Hinge dropped in October down a smidge below Bumble – $41M vs. $44M before fees, according to Appfigures Intelligence. Tinder continued its slow growth this year to hit an all-time high in May, ±$134M before fees.
Mark Brooks: Inflection time! I’m seeing bad dating apps fail, and good niche dating apps grow. The large generics continue to open markets and push out, opening up more niche dating and social and IRL opportunities.