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

28% of Consumers Look for Love on Dating Apps in Early 2023

PYMNTS - Spring and summer are prime dating seasons, and like other human behaviors, the pandemic has increased consumer reliance on digital tools to find that special someone. According to the PYMNTS study "ConnectedEconomy™ Monthly Report: The Love and Social Media Edition", 28% of US consumers, or ~73M people used dating apps in March. That's a 21% increase from the same month last year. 12% of men use dating apps and sites daily, versus 7.5% of women. Generation Z consumers and millennials also account for a disproportionate number of the consumers who use dating apps and sites. In total, 55% of Gen Z and 50% of millennials use some type of dating app or site. Dating apps were downloaded more than 60M times last year in the U.S., with Tinder, Bumble and Hinge representing 60% of those downloads in any given month, on average. Plenty of Fish, MeetMe, Tagged, Grindr, Badoo and Wink make up the tail end of the online dating market.

See full article at PYMTS

Millions Turn to Livestreaming to Earn a Living During the Pandemic

SCMP - June 24 - Many people and businesses would not have survived the pandemic if it were not for the gig economy, says co-founder of live streaming service Uplive. Asia Innovations Group, the start-up behind Uplive and Lamour, is planning an IPO in New York in the second half of this year. The Beijing-based company nearly doubled its registered users to 312M at the end of 2020. User numbers topped 400M in June. Other products in the AIG portfolio include social dating app Lamour, fan site SupreFans, online payment service China International Communications Network and dating apps Wink and FancyU. AIG raised $140M at the start of 2021.

by Chad Bray & Tracy Qu
See full article at SCMP

See the top news on Lamour