Category: Outlets – Reuters

Australia Court Finds eHarmony Misled Users Over Subscription Terms

Posted on August 26, 2026
eHarmony logo

REUTERS – Australia’s Federal Court found that eHarmony misled users about free access, automatic renewals, subscription length, cancellation rights and pricing. The court said renewal terms were displayed in small print late in the purchasing process, while advertised monthly prices did not clearly show the total cost of the subscription. The case was brought by the Australian Competition and Consumer Commission in 2023. Penalties and consumer compensation will be decided later, while eHarmony said it is reviewing the judgment.

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Bumble Hires Morgan Stanley to Explore Sale

Posted on June 29, 2026
Bumble logo

REUTERS – Bumble is exploring a potential sale, according to anonymous sources. The company has hired Morgan Stanley to advise on the process, although no deal is certain and Bumble could remain independent. The move comes as Bumble has struggled with declining paying users and slowing revenue growth. Whitney Wolfe Herd returned as CEO in 2025.

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Match Group Q1: Revenue up, Tinder Back to Growth, Hinge Accelerates

Posted on May 6, 2026
Logo of Match Group

REUTERS – Match Group reported a strong Q1 2026, with revenue up to $864M (+4%) and profit rising 42% to $167M. Growth was driven mainly by Hinge, which saw 28% revenue growth, while Tinder showed early signs of recovery. Tinder’s registrations returned to YOY growth in March for the first time in nearly two years, with improving engagement and retention. New features and product changes are starting to stabilize the platform, especially with younger users. Overall, paying users declined 5%, but revenue per user increased. The company is streamlining operations, cutting costs, and investing in higher-growth areas, including a $100M stake in gay dating app Sniffies.

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Grindr Beats Revenue Estimates, Bets on AI to Drive Growth

Posted on February 27, 2026
A smartphone displaying the Grindr logo

REUTERS – Grindr reported Q4 revenue of $126M, beating estimates, and expanded its share buyback program by $400M, sending shares up about 4% after hours. The company said it will remain publicly listed after reaching an 18-month standstill agreement with its largest shareholder, Ray Zage, following failed take-private talks last year. Grindr is doubling down on AI-driven growth through its proprietary “gAI” system and a new premium subscription tier called “Edge,” while maintaining a strong free product to attract younger users. For 2026, it plans heavier investment in technology upgrades and expansion into health and wellness services, projecting full-year revenue above $528M, roughly in line with expectations.

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TikTok Monitored Grindr Activity Through Third-party Tracker, Privacy Group Alleges

Posted on December 18, 2025
A person holding a smartphone displaying the TikTok logo, with a blurred background showing a TikTok feed on a computer screen.

REUTERS –  Austrian privacy group NOYB has filed complaints against TikTok, Grindr, and AppsFlyer, alleging they violated EU GDPR rules by tracking users across apps and sharing sensitive data without consent. NOYB says a user discovered, through a data-access request, that TikTok had accessed information about their Grindr activity, along with data from other apps, via AppsFlyer. The group claims TikTok used this information for personalized ads, analytics, and security, and that neither Grindr nor AppsFlyer had legal grounds to transfer such data. NOYB is urging regulators to issue fines and halt the practices.

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Grindr Ends Talks on $3.46 Billion Take-private Bid Over Financing Uncertainty

Posted on November 24, 2025
Grindr

REUTERS – Grindr has ended talks on a $3.46B take-private offer from its major shareholders Ray Zage and James Lu after they failed to provide clear financing details. The stock fell ~12% after the announcement. Grindr says the breakdown of talks does not change its strategy and that it is still projecting ~26% revenue growth for the year. The company continues to outperform Match Group and Bumble despite weaker sentiment in the dating-app sector. Zage and Lu, who bought Grindr in 2020 and took it public in 2022, hold ~60% of the shares.

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Grindr Shareholders Offer to Take the Dating App Private for $3.46B

Posted on October 27, 2025
Grindr

REUTERS – Two major Grindr board members, Ray Zage and James Lu, who already control ~60% of the company, have proposed taking the LGBTQIA+ dating app private at a $3.46B valuation ($18 per share), a 51% premium over its Oct 10 price. The offer aims to consolidate control amid slowing user growth and “swiping fatigue” affecting the dating industry. Zage and Lu, who bought Grindr in 2020 and took it public in 2022, claim to have secured strong financing commitments. Grindr’s special committee of independent directors is currently reviewing the unsolicited offer.

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Match Group Warns Apple’s 30% Fee Will Hurt Growth in India

Posted on October 27, 2025
Match Group

REUTERS – Match Group told India’s antitrust regulator that Apple’s up to 30% App Store commission will stifle its long-term growth in India and urged the Competition Commission of India (CCI) to impose heavy fines and force Apple to end anti-competitive practices. Match argues Apple’s policy limits third-party payment options and unfairly classifies Tinder as a digital service while charging lower fees to apps like Uber, which it claims also provide “matchmaking” services. India’s dating app market is projected to reach $1.42B by 2030. Apple controls only 4.5% of India’s 735M smartphones, but the CCI can fine it up to 10% of global turnover. The complaint follows similar antitrust rulings in the EU and UK, where Apple has been fined for restrictive practices against app developers.

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Grindr Names Veteran Executive John North as Finance Chief

Posted on October 3, 2025
Grindr

REUTERS – Grindr has appointed John North as CFO, succeeding Vanna Krantz after her three-year tenure, which included the 2022 public listing. North brings over 20 years of experience, having previously served as CEO of Lazydays, CFO of Copart, and a board member at XPEL.

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Two US Senators Urge Match Group to Act Against Dating Scams on Its Apps

Posted on September 24, 2025
Match Group

REUTERS – On Sept 24, US senators Maggie Hassan and Marsha Blackburn sent Match Group a letter demanding, by Oct 15, details on how Tinder, Hinge, and OkCupid detect and prevent romance scams. They warn that the apps’ design can create a false sense of trust that scammers exploit, citing the FBI’s $16 billion in global cybercrime losses last year, including significant losses from romance scams. The letter references Match’s past FTC case and asks for concrete anti-fraud measures as the company introduces new AI-driven features.

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