Online Personals Watch: News on the Online Dating Industry and Business

Indian Dating App QuackQuack Hits 10M Users

UNIINDIA - Aug 5 - It took the dating app 70 days to reach 10M users from 9M users. QuackQuack launched in 2011.

See full article at UniIndia

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Match Group Reports Q2 Results - Revenue up 12%

PRNEWSWIRE - Aug 4 - Total Q2 revenue grew 12% YOY to $555M. Operating income was up 14% to $196M, and Adjusted EBITDA was up 13% YOY to $228M (excludes $8M of separation costs incurred by Match Group prior to the closing of the transaction). Average Subscribers increased 11% to 10.1M.  Tinder Direct Revenue grew 15% YOY, driven by 18% Average Subscriber growth to 6.2M. Non-Tinder brands collectively grew Direct Revenue 9% YOY. Match Group's Q2 Financial Results

Mark Brooks: This is very encouraging for the dating industry overall.  Match is getting product right, at scale, across a diversity of brands, although I think they could tease out more of their market gaps with niche approaches.  One important contributor to revenue is video.  In their earnings call they pointed out POF Live and the video dating based game "NextDate" as being particularly successful right now.  "...it's fun and it does communities, and it's an experience people seem to like."  fyi, POF Live and NextDate are powered by The Meet Group.  (FULL DISCLOSURE: POF are a prior long term client, and The Meet Group are a current client of Courtland Brooks)  

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Grindr Seeks to Push Data Privacy Suit Into Arbitration

LAW360 - Aug 3 - Grindr has urged a New York federal court to push into arbitration a proposed class action claiming it illegally shared users' personal data with advertisers, claiming users agreed to arbitrate such claims in the app's terms and conditions.

See full article at Law360

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OKCupid Debuts New Matching System for Online Dating

FORBES - Aug 3 - OKCupid rolled out a redesign this week that introduced a new matching system. The system, named "Stacks," unveils potential matches with new categories, including: Recommended, Question Pros, Online, Nearby, New People (for paid subscribers), Popular (for paid subscribers) and Match Percentage.

by John Scott Lewinski
See full article at Forbes

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Aspie Singles Targets Singles on the Spectrum

OZY.COM - July 31 - A new wave of dating apps is emerging, focused on people on the autism spectrum. One of them is Aspie Singles. The app claims 4,500 users with 15-20 new sign-ups per day. The CDC estimates that ~1% of the world’s population is on the autism spectrum, meaning ~70M people. Standard dating apps like Tinder are open to people with autism, but are designed for those who are neurotypical. Hiki, launched in 2019, is another dating app targeting people on the spectrum. Founded by entrepreneur Jamil Karriem, the app has 9K users. Uneepi, an app launched in 2016, has coaches who help people with autism pick up on social cues and learn to communicate their emotions and desires effectively. It has 3,500 users.

by Fiona Zublin
See full article at Ozy.com

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