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