BLOOMBERG LAW – Hily is facing a class action lawsuit for allegedly collecting and storing users' biometric data, such as facial geometry scans, without informing them. The lawsuit, filed in Illinois, claims the company violated the state's Biometric Information Privacy Act (BIPA).
Category: Hily
The Gen Z and Authenticity Study by Hily
HILY – The Gen Z and Authenticity Study by dating app Hily reveals that ~90% of men and 94% of women believe dating is enjoyable only when people are honest. However, just 59% of Gen Z men and 60% of Gen Z women choose to be completely honest on their dating profiles. Over 41% of women worry they aren't attractive enough, while 34% of men share this concern. Fear of judgment affects 40% of women and 27% of men. Additionally, 36% of women fear rejection, compared to 26% of men. Despite the desire for authenticity, many users feel pressured to present an idealized version of themselves on dating apps.
The Future of Dating Apps: Trends and Challenges for Startups
THE NEXT WEB – Alex Pasykov, CEO and founder of dating apps Hily and Taimi, discusses the challenges faced by startups in the dating app industry in 2023 and the importance of aligning product strategy with trends to build a sustainable business. While generative AI has limited applications in dating apps, it can be used to improve algorithms and provide efficient customer support. Pasykov highlights the trend of greater segmentation and personalization in dating apps, with apps catering to specific audiences and dating interests. However, extremely niche apps may struggle to raise funding due to a limited user base. Pasykov emphasizes the need for dating apps to focus on shortening the time between initial interest and in-person meetings. Niche apps that excel in serving specific audiences can set the standard for service quality and accelerate business growth. By understanding the complexities of online dating and adapting to evolving user preferences, dating apps can increase their chances of success.
by Alex Pasykov
See full article at The Next Web
Ukrainian CEO Alex Pasykov Shares His Thoughts on a Difficult but Rewarding Year
TECH.EU – Alex Pasykov, CEO of the Hily dating app and LGBTQ platform Taimi, reflects on a difficult but rewarding year, operating his businesses in Ukraine during the Russian invasion. Despite the challenges of scaling a business during wartime, Pasykov learned the importance of setting ambitious goals, trying new things, and providing his team with comfortable working conditions. His team's ability to work creatively without electricity during blackouts demonstrated their resilience and teamwork. Pasykov and his team also volunteered in the community, providing supplies and support to those affected by the war. Pasykov encourages businesses to always have a plan for the worst-case scenario, as there are many potential threats to any business.
by Alex Pasykov
See full article a Tech.eu
Ukraine
OPW – Alex Pasykov is Founder/CEO of Hily & Taimi, and is Ukrainian. I think he says it best (and recommends two impactful charities) in his post on Linkedin w/respect to the pure terror happening in Ukraine right now.
Investors See Big Potential in Smaller Online Dating Companies
WALL STREET JOURNAL – Since Jan '19, App Annie data show U.S. users have spent 7.4M hours on dating apps a month on Android phones alone. Match Group and Bumble collectively boast ~$50B in fully diluted market value, but plenty of businesses are trying. Coffee Meets Bagel, which hits users with algorithmically curated matches every day at noon, has made ~130M matches since its launch in 2012. Hily, which works to make it easier to start conversations, has 22M users. Snack, which is focused on video-first dating, was the 10th most-downloaded dating app in the U.S. last month, according to App Annie. Some just need a larger platform to help them take off. Hinge, in which Match took a majority stake in 2018 before acquiring it in 2019, saw ~100K U.S. downloads in Jan '18. By Mar '21, it was closer to 600K. Berlin-based Spark Networks did $233M in revenue last year. And then there is eHarmony owner ParshipMeet, which is preparing for a 2022 IPO. In the Q2 it had €139M ($164.2M) in revenue.
Hily Dating App Creates 15 Profiles of Adoptable Pets in Austin
PATCH.COM – Aug 12 – Hily has partnered with Austin Pets Alive! to create 15 profiles for homeless cats and dogs looking for their forever home. The campaign, called "It's a petch!", started on Aug. 2 and will continue through the end of this month. Each pet profile features cute photos and a short introduction of each pet.
Why to Consider React Native When Building an App From Scratch
FORBES – Apr 20 – Aleksandr Pasykov is the founder of Hily Dating App and Taimi, the biggest LGBTQ+ platform featuring a social network and dating app. He started working on Taimi in 2017. "We realized there's a demand for a safe online space where LGBTQ+ people could build relationships. We needed a framework that would allow us to create the app from scratch in a short time, and our developer built the app in less than two months using React Native." React Native is an open-source app framework that was released by Facebook in 2015. It allows developers to combine native code with React, making it perfect for updating existing applications. React Native offer unprecedented speed and efficiency, and you can create and update apps on Android and iOS simultaneously. One issue is the framework’s performance. For example, if you want to add a newsfeed to your app, React Native may not have high enough speed and performance levels, so such changes will have to be made in native code. Another challenge companies may face is the lack of React Native experts.
Hily Launches a New Feature That Blurs Inappropriate Pictures
MEDIUM.COM – Mar 5 – Hily's new safety feature will detect any inappropriate or explicit content and warn users about it by blurring the image. The senders of the inappropriate pics will be notified and get a warning. In addition, their in-app "risk score" will go up. Once users' "risk score" reaches a certain level, the app will limit their activity.
Wonderland Teamed up With Hily for Love Stories Videos
WONDERLAND MAGAZINE – Dec 14 – Wonderland have teamed up with Hily for Love Stories, a video series chronicling different journeys that can be achieved with the dating app – showcasing different friends and couples.
