Category: CoffeeMeetsBagel

Shn Juay, Former Paktor CEO, Appointed CEO Worldwide of Coffee Meets Bagel

Posted on January 13, 2025

CoffeeMeetsBagel Shn Juay
OPW – Shn Juay, who spent six years at Paktor, including serving as its CEO, is now the CEO worldwide at Coffee Meets Bagel. With a wealth of experience in the dating industry, she takes on this role to further strengthen the brand's mission of connecting serious daters. During her time at Paktor, she oversaw both online and offline matchmaking platforms. Coffee Meets Bagel, a San Francisco-based dating app launched in 2012, focuses on fostering serious relationships through features like detailed profiles and limited matches. The app gained attention after appearing on Shark Tank in 2015.

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The Coffee Meets Bagel’s Journey

Posted on March 19, 2024

CoffeeMeetsBagel logoTHE NEXT HINT – Coffee Meets Bagel is a San Francisco-based dating app that emphasizes serious relationships with features like detailed profiles and limited matches to encourage thoughtful engagement. Launched in 2012 by sisters Arum, Dawoon, and Soo Kang, the app gained popularity after appearing on Shark Tank in 2015. Initially funded by Lightbank and a co-founder of Match.com with $600K, it later rejected a $30M offer from Mark Cuban on the show, and has since raised $23.2M in funding. However, it faced challenges such as a data leak in 2019 and a system outage in 2023. As of 2024, it struggles to gain users amidst competition from Hinge and Tinder. Coffee Meets Bagel claims to generate $16M in annual revenue.

by Aditi Raj
See full article at The Next Hint

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Tinder Tops the Charts, Coffee Meets Bagel Dominates Singapore’s Serious Dating Scene

Posted on February 20, 2024

Coffeemeetsbagel logo 2019CAMPAIGN ASIA – The latest research from YouGov Surveys shows that Tinder is the most popular dating app in Singapore, with 59% of users having used it. Coffee Meets Bagel follows closely behind, with 46% of users. Different apps attract different kinds of users: Coffee Meets Bagel is popular among those seeking serious relationships, while Tinder is favored by those looking for casual connections. Overall, 76% of Singapore residents have never used a dating app, with reasons ranging from not currently seeking a relationship to concerns about fake profiles and privacy. Despite this, 11% of singles are open to trying dating apps in the future.

by Samuel Tan
See full article at Campaign Asia

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Coffee Meets Bagel App Hit With Lawsuit Over Biometric Selfies

Posted on January 11, 2024

Coffeemeetsbagel logo 2019LAW360 – Dating app Coffee Meets Bagel was hit with a proposed class action in California federal court this week by a user claiming the company illegally stores face pictures in violation of biometric privacy laws because the app requires users to take a selfie upon creating their account.

by Craig Clough
See full article at Law360

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The Era of Free Dating Apps May Be Over

Posted on December 11, 2023

Hinge StandoutsCNBC – The trend of free dating apps is declining as companies like Bumble, The League, Hinge, Match, and Tinder aim to increase revenue, prompting users to opt for paid versions. A Pew Research Center report reveals 35% of American dating app users have paid for these services. The League's VIP membership costs $999 a week or $2,499 a month. In Sep, Tinder rolled out a $499 monthly subscription to some of its most active users, and Hinge recently introduced a $600-a-month membership. Coffee Meets Bagel says its paid users get 60% more dates than its nonsubscribers. Pew Research has found that people who met their partner on an app are more likely to have paid for the service.

by Annie Nova & Ana Teresa Solá
See full article at CNBC

Online Dating Is Very Good for Society

Posted on October 24, 2023

A steady rise of intermarriage in the United StatesWASHINGTON POST – Online dating encourages diverse relationships, with couples who meet online more likely to be interracial. This has led to greater societal acceptance of interracial marriage, reaching 94% in 2021. While people may still prefer similar backgrounds, online dating opens doors to more diverse connections. A review of data provided to me by Coffee Meets Bagel shows that across all races and ethnicities, people are more likely to "like" profiles of potential partners of their own ethnic and racial backgrounds. Online dating only opens the door. People need to walk through it.

by Youyou Zhou
See full article at Washington Post

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Cyber Attack Causes Coffee Meets Bagel Outage; Users Offered Compensation

Posted on September 7, 2023

CoffeeMeetsBagelTHE REGISTER – In late Aug, Coffee Meets Bagel (CMB) suffered a week-long outage due to cybercriminals deleting company data. CMB restored services on Sep 3 and is investigating the breach's details while enhancing cybersecurity. To make amends, they offer users a package with extended chats, free subscriptions, and 1,000 free interaction beans. No sensitive data was exposed. CMB, founded by three sisters, has received $23M in funding across five investment rounds and has 10M users worldwide.

by Paul Kunert
See full article at The Register

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Coffee Meets Bagel App Faces Extended Outage

Posted on August 30, 2023

CoffeeMeetsBagel logoBBC – Coffee Meets Bagel (CMB), a dating app boasting ~10M sign-ups globally, experienced a multi-day system outage starting on 27 August, frustrating many users. Some users missed planned dates, with one individual resorting to LinkedIn to reconnect. There's online speculation about the cause, ranging from a ransomware attack to potential data breaches. Amidst the company's assurances of working on the issue, users have criticized the lack of detailed information regarding the outage.

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Dating App Patent Held by Trinity Info Media Invalidated by U.S. Appeals Court

Posted on August 2, 2023

Dating App Patent Held by Trinity Info Media Invalidated by U.S. Appeals CourtOBWBIP – The U.S. Court of Appeals upheld the invalidation of an online dating app patent owned by Trinity Info Media (TIM), marking a blow to its enforcement campaign against owners and operators of dating apps such as Coffee Meets Bagel, Raya App, The League App, and Covalent, Inc. The court's decision relied on the Alice two-step framework, ruling that TIM's patent was too abstract and not eligible for protection under Section 101 of the Patent Statute. Despite this setback, patent litigation in the dating app space is expected to continue.

See full article at OBWBIP website

Embracing “Bad Ideas” for Out-of-the-Box Marketing Strategies

Posted on May 17, 2023

CoffeeMeetsBagel adLINKEDIN – In a recent LinkedIn post, Delbert Ty, CMO at CoffeeMeetsBagel, shared his unconventional approach to coming up with out-of-the-box marketing ideas/Ty suggests exploring "bad ideas" that go against self-interest, such as driving traffic to the competition. He cites CoffeeMeetsBagel's marketing strategy as an example, where they bought a billboard in New York directing casual daters to a rival app. This bold move emphasizes their focus on serious relationships. Ty offers a simple formula for adopting this strategy: 1) Think of "bad ideas" or the opposite of what you should do, 2) Spin it into a narrative that fits your brand, and 3) Allocate 80% of your resources to proven strategies, leaving room for experimentation with "bad ideas." This approach encourages creative thinking and risk-taking in marketing.

See full post at LinkedIn

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