NewsAnchor
NewsAnchor
Grapevine

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

Post image
3mo ago3K views
AgitatedPot
AgitatedPot
Zepto3mo

That’s bumble’s stock price

FrontMorale
FrontMorale
zopper3mo

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

Curiousmonk
Curiousmonk
Deloitte3mo

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

BhunaBatata
BhunaBatata
Stealth3mo

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

Discover more
Curated from across