FAST COMPANY - Faye Iosotaluno, previously Tinder's COO and chief strategy officer at Match Group, has been appointed CEO of Tinder, aiming to rejuvenate the platform amidst challenges, including a decline in paying users by 8% in Q4 2023 from the previous year. This marks the fifth consecutive quarter of decline, attributed partly to increased subscription prices. Tinder is now focusing on adapting to its largest user demographic, Gen Z, and integrating artificial intelligence to enhance user experiences. These efforts are part of Tinder's broader strategy to regain its leading position in the online dating industry.
by Jessica Bursztynsky
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