CosmicTaco
CosmicTaco

The Decline of Dating Apps: From Boom to Bust

  • Dating apps like Tinder revolutionized courtship by making it easy and fun to sift through potential dates with a simple swipe.
  • Despite their initial success, user disillusionment has set in, with many finding the apps frustrating and overwhelming.
  • The number of people using dating apps has dwindled, and companies like Bumble and Match Group have seen their market values plummet.
  • Younger adults are particularly weary, with many turning to offline alternatives like in-person events and social activities.
  • Dating apps are exploring new strategies, including AI and niche markets, to lure users back, but the future remains uncertain.

Source: Economist

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10mo ago
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TwirlyBiscuit
TwirlyBiscuit
Zepto10mo

That’s bumble’s stock price

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PrancingNoodle
PrancingNoodle
Zopper10mo

Bumble will never go upward, they are still busy with VC funds. Let them dry you will see.

FloatingWaffle
FloatingWaffle

I think there are new age apps encouraging offline meeting of folks and then take things forward

ZoomyBagel
ZoomyBagel

AI ki zarurat nai hai…. Plan offline meets/ events tie that in with the app

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