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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Dating app companies like Match Group and Bumble have faced significant market value losses, exceeding $40 billion since 2021. The decline is attributed to challenges in subscription revenue growth and reluctance of young users to pay. Bumble's new CEO, Lidiane Jones, is reconsidering the traditional 'women make the first move' approach, reflecting a broader industry trend of reevaluation.
Dating apps have hit a wall. Can they turn things around? https://t.co/L3MD5LfaW3
"Zuckerberg has argued that for age-restricted apps, age verification should be Apple’s job. He’s now been joined in this view by the new head of trust and safety at Match, the company behind leading dating apps like Tinder, Hinge, OkCupid…" https://t.co/cWwFU01zvj
Bumble is now rethinking women making the first move on the app: ‘It feels like a burden’ https://t.co/LI7FQbB4o5 https://t.co/uj8ueWuHMW
