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Hinge and Grindr Outshine Bumble and Tinder Amid Shifting Dating Trends

- Younger generations are moving away from dating apps like Tinder and Bumble, seeking long-term relationships and real-life meet-cutes. - Hinge, owned by Match Group, has seen a 14% increase in user downloads in Q2, while Bumble's growth stagnated at 2%. - Tinder's downloads fell by 11-12% in Q2, with analysts predicting no positive growth until mid-2025. - Grindr's stock has surged 120% over the past year, despite a stable user base, thanks to a compelling growth plan. - Match Group, which owns Tinder and Hinge, plans to exit Russia by June 30, 2023, citing human rights concerns.

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IntrovertBeing

Deloitte

2 months ago

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