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Dating Pro digest: Native language apps are preferred; How much do the dating companies cost; Censorship blocks LGBT resources; Tinder founders fund startups.

Oct 26, 2021
3 minutes to read

Good morning, friends!

Dating industry news digest:

  • Native language apps are preferred;
  • How much do the dating companies cost;
  • Censorship blocks LGBT resources;
  • Tinder founders fund startups.

 

 

Native language apps are preferred

When the number of users of the Indian dating app Aisle reached six and a half million, projects were developed in Malayalam and Tamil.

After the launch of regional sites, the company’s profit increased by 30%, it is much more comfortable for young people to communicate in their native language and be in their familiar surroundings.

Both projects attract an average of 1,000 subscribers per day. An application portfolio focused on building long-term relationships includes additional prioritization and matching functions.

View full article here

 

 

How much do the dating companies cost

According to German media company ProSiebenSat.1, ParshipMeet‘s dating brands have a combined stock value of 3.5-3.8 billion. Their income has increased by 19% and is now 61 million euros.

Bumble and the owner of the Tinder Match Group are valued at 50 times the expected profit, despite the fact that Bumble shares fell 22% in value.

The Meet Group’s profits increased 14.8x.

View full article here

 

 

Censorship blocks LGBT resources

Owners of dating sites containing profiles of LGBT users periodically encounter cases of blocking their resources in the territories of Russia, Malaysia, Indonesia, and Arab countries. The actions of the censorship violate the current international treaty on the human right to expression.

The representative of Grindr said that he is not going to challenge the actions of the authorities of the countries where the company’s activities were banned, at the same time he considers what is happening as a gross violation of rights and freedoms.

View full article here

 

 

Tinder founders fund startups

Sean Rad and Justin Mateen left the project to invest in technology development.

They are currently participating in the funding of BreachQuest, whose main product is a platform for responding to potential technical problems.

The development of PRIORI will minimize downtime associated with malfunctions and other disruptions.

The funds will be used to complete the work and promote the product on the market.

View fuul article here

 

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Dating Industry News Digest is brought to you by Dating Pro, winner of iDate Awards in the Best Dating Software Provider category.
With us, you will learn how to start a dating site, how to manage your dating website software, and how to profit with a dating script.

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Photo by Kiet Trinh on Unsplash

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