SENSOR TOWER – Dec 16 – The top grossing dating app worldwide for Nov 2019 was Tinder with ~$82M in user spending, which is up 12% YOY. 41% of Tinder's revenue was from the US, followed by 8% from UK and 4% from Germany. Bumble was #2 with ~$18M in gross revenue, up 29% YOY. 77% of Bumble's revenue was from the U.S., followed by 9% from UK. The next top grossing app was Badoo, followed by Pairs and Tantan.
Category: Badoo
Top Grossing Dating Apps Worldwide for October 2019
SENSORTOWER – Nov 13 – The top grossing dating app worldwide for Oct 2019 was Tinder with ~$88.7M in user spending, which represented 18% growth from Oct 2018. ~43% of Tinder's revenue was from the U.S., followed by 7% from UK and 5% from Australia. Bumble was #2 with ~$20M in gross revenue, which represented 44% growth YOY. 77% of Bumble's revenue was from the U.S., followed by 9% from UK. The next top grossing app was Tantan, followed by Pairs and Badoo.
OPW Podcast – The Top Dating Industry News for Nov 12th
OPW – Nov 12 – Match Results, Magic Lab Acquisition, The Meet Group, Facebook & Tinder whitelisting.
For the top weekly dating industry news in ~2 minutes subscribe to OPW's Two Minute Tuesdays (TMT) podcast on Breaker, Google podcasts, Spotify, Anchor.
Andrey Andreev Sells Stake of Bumble’s Parent Company MagicLab to Blackstone
TECH CRUNCH – Nov 9 – Andrey Andreev, the founder of Badoo, is selling his entire stake in MagicLab, the company that owned both Bumble and Badoo (and other dating apps), to Blackstone, which is one of the world's leading investment firms. He will step away from the business in the process, and Wolfe Herd, Bumble's founder, becomes the CEO of the whole company, retaining much of her stake in the business. That stake is at ~19%. The deal values MagicLab at $3B. Blackstone also will be making an investment in the company as part of the deal.
by Ingrid Lunden
See full article at Tech Crunch
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This post also appears on InternetDatingInvestments.com
Mark Zuckerberg Let Tinder Get Special Access to Users’ Data
FORBES – Nov 8 – Facebook CEO Mark Zuckerberg considered entering the online dating business as far back as 2014, but he put the idea on the back burner, instead giving Tinder special access to its users' data, leaked emails between top executives show. The leaked correspondence is part of an ongoing lawsuit between Facebook and Six4Three, a now-defunct app developer that sued Facebook in 2015 for restricting user data access, alleging the actions were uncompetitive. The correspondence shows how perilously close Tinder came to losing key access to Facebook user information that helped Tinder grow rapidly in its early years, when members often used their Facebook logins to access the app. When Facebook further restricted the kind of information third-party apps could access after the Cambridge Analytica scandal broke in March 2018, Tinder's app crashed. Tinder was on Facebook's radar in 2013. Zuckerberg wrote in January 2014 to two executives: "Tinder's growth is especially alarming to me because their product is built completely on Facebook data, and it's much better than anything we've built for recommendations using the same corpus." In 2014, Facebook announced it would start preventing third-party app developers from having access to data on users' friends, including birth dates, photos and pages they liked. The company gave a May 2015 deadline for developers to comply with its new set of access rules. However, Zuckerberg made some companies and apps an exception. Tinder was one. Facebook agreed to give Tinder a special data-sharing agreement, internally known as "whitelists," if the dating app shared trademark rights on "MOMENTS." which was the planned name for a photo app that Facebook wanted to launch, an email exchange in March 2015 showed. When asked about this agreement in 2018, a spokeswoman for Tinder said: "Tinder never received special treatment, data or access related to this dispute or its resolution." Other dating apps that had whitelist agreements with Facebook include Bumble, Badoo, Coffee Meets Bagel, Hinge and jSwipe.
CMO of Badoo at ad:tech About LGBTQ+ Support
TECHERATI – Oct 21 – Dominic Gallello is the CMO at Badoo. In this interview for ad:tech London, Dominic talks about Badoo's support of the LGBTQ+ community, the male mental health crisis, whether we can use technology to facilitate change.
Mel B to Launch a Dating Podcast With Badoo
INDEPENDENT.CO.UK – Oct 17 – Melanie Brown, aka Mel B, has ventured into the podcasting world with a new series "The Truth Flirts", created by dating app Badoo. Each week, Mel B will be joined by a panel of celebrity guests to discuss the highs and lows of dating. Guests reveal their truthful opinions on topics from ghosting to gold diggers, politics to parenthood. Mel B revealed that she isn't on dating apps herself but finds the concept "fascinating".
Badoo’s First Dating Show – Badoo Dating SOS
THE SCOTTISH SUN – Oct 8 – A woman who was branded fat on a Tinder date gone wrong is starring in a rival app Badoo's new online dating show – Badoo Dating SOS. Jade Savage, 28, spent four hours travelling to see a man she had met online but he insulted her as she walked out of the train station. The creep told curvy size-14 Jade she had "put some weight on" and accused her of looking nothing like she had on a previous date – just four weeks earlier. Jade managed to raise £1K on a GoFundMe page, which she set up as a joke, to get her wasted £93 that she spent going on her date. The Badoo online show sees Jade go on two dates with men that the dating app experts have chosen for her.
Bumble Founder Gets £4M Dividend Ahead of Potential Float
TELEGRAPH.CO.UK – Oct 6 – Bumble CEO & founder Whitney Wolfe Herd enjoyed a £4M dividend ahead of a possible float for the firm's parent company. Badoo is the UK-headquartered majority owner of Bumble, which also controls gay dating app Chappy and over 50s app Lumen. Wolfe Herd owns ~20% of Bumble. According to UK accounts for Badoo, Bumble now makes up 48% of the business, making it the crown jewel in Mr Andreev's dating empire. Andreev snapped up a 79%c stake in Bumble and has bankrolled founder Ms Wolfe Herd, creating a rival to Tinder. Badoo has been rumoured to be preparing for a US listing itself, with its Bumble asset valued on its own at north of $1B.
by Matthew Field
See full article at Telegraph.co.uk
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Top Dating Apps Worldwide for September
REPUBLIC WORLD – Oct 6 – Tinder was the most downloaded app in the online dating category during September 2019, according to research firm Sensor Tower. Tinder had close to 5.5M installs in September, resulting in a total of 4% increase from the same period last year. Badoo was the second most installed dating app worldwide. Tantan, MeetMe, and Happn rounded out the top five most installed dating apps worldwide for the month. Here is the full list of top 10 dating apps.
