Dating Pro Digest: Japan State Tinder; The Meet Group Financial Results For Q3 2019; Dating Apps Economics; Interesting Niches – Background Check And Dating App For Brands
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Dating industry news digest for today: Japan’s state-owned version of Tinder; The Meet Group announces preliminary financial results for the third quarter of 2019; Economics of dating apps; Interesting niches — background check and dating app for brands.
“You can’t be that kid standing at the top of the waterslide, overthinking it. You have to go down the chute.” —Tina Fey
Japan’s state-owned version of Tinder
Japan notices an increasing demand on iju konkatsu (migration spouse-hunting) matchmaking services.
Typically, such services are operated by local governments: municipalities across Japan host parties to help singles meet or organize tours from cities to rural prefectures.
These tour events see hundreds of singles participate every year.
The Meet Group announces preliminary financial results for the third quarter of 2019
According to this document, TMG expects:
- Revenue — $52M to $52.3M. Previous expectations were $50.5M to $51M;
- EBITDA — $10.4M to $10.6. Previously – $9.3M to $9.5M;
- Video revenue — at least $20M. Previously – $19M.
Harsh economics of dating apps
“While the purpose of dating apps is to connect romantically compatible people, a surprising number of users report not being able to find suitable romantic partners. However, in the very idea of a dating app there are inherent flaws that lead to dissatisfaction.”
Interesting niches — background check and dating app for brands
- Backgroundchecklookup.com is a background check service that helps online daters learn more about the person they’re talking to and find out if they have been arrested in the past.
- Pairr or the ‘Dating App for Brands’ is a live experience platform that helps to connect consumers with invitation-only experiential marketing events.
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Main Photo by Becca Tapert on Unsplash