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Dating Industry and Matchmaking Industry Forums

Business Message Board for the Dating, Online Personals, Social Dating, Mobile Dating, Dating Affiliate and Matchmaking Industry

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PostPosted: Tue Dec 25, 2018 7:29 pm 

Joined: Tue Nov 15, 2011 9:48 pm
Posts: 380
The OPW/iDate Weekly News Summary.

Upcoming Events:
- iDate Dating Industry Conference in Miami January 31 - February 1, 2019

- Stay informed. https://www.onlinepersonalswatch.com/


Judge Swipes Right on Tinder App Patents

LAW.COM - Dec 20 - U.S. District Judge Alan Albright ruled Tinder's interface is eligible for patenting, moving Match Group's suit against rival Bumble one step forward. The judge turned away Bumble's claim that two patents owned by Match Group are ineligible for patenting under Section 101 of the Patent Act. Bumble had argued the patents are directed to the abstract concepts of matchmaking and picking cards out of a stack. He also turned away Bumble's motion to dismiss Match's trade secret claims, saying it was too early in the case to rule on them.

Meetic Is Launching a New Serious Dating App - Affiny

LE JOURNAL DU DIMANCHE - Dec 18 - Meetic is launching a new dating app for serious relationships, called Affiny. New users will be asked to fill 137 long questionnaire. The app will be charging 39.99Eur/month for 3 months and 29.99/month for 6 months. Affiny is launching this week in France and in the UK before the end of the year. During its testing period, the app has mainly attracted users who were 35-50 years old.

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Bumble Is Announcing New Filtering Tool

NEW YORK MAGAZINE - Dec 18 - Bumble has rolled out a new feature called filters which will let users filter for exactly what they are looking for. The feature will be available in all three sections of the app: Bumble Date, BumbleBFF and Bumble Bizz. Users will be able to access two filters for free. After that, they'll have to pay for any further filtering.

Tinder Fires Comms Head and Other Employees Who Sued Match Group

TECH CRUNCH - Dec 19 - Tinder has fired its VP of marketing and communications Rosette Pambakian, as well as other employees who sued Tinder's parent company Match Group and IAC earlier this year. In an email sent to Match Group's current CEO Mandy Ginsberg, Pambakian said that after being placed on leave when the lawsuit was filed, she was subjected to "ongoing intimidation and retaliation clearly designed to pressure me into resigning." Pambakian also said that after she declined to sign a non-disparagement agreement, "Match snuck an arbitration clause into its employees' most recent compliance acknowledgements, causing me, Jonathan, James and Josh to have to withdraw from the lawsuit. As a woman CEO, I truly hope that you reconsider the safety of your remaining female workforce and allow Tinder and other Match owned companies to follow in the footsteps of Uber, Facebook and Google in eliminating forced arbitration for sexual misconduct claims. We deserve better." In response, Ginsberg denied that Pambakian was fired for complaining about sexual harassment: "You couldn't have been, as you never reported Greg for sexual harassment. You were terminated because it was not possible for you to fulfill the duties and responsibilities of your role as Tinder's spokesperson for a number of reasons, including your public position against the company over a valuation process," Ginsberg continued.

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Dating Apps Spending Rises 60% in the UK

SKY NEWS - Dec 20 - According to data from App Annie, in the Q3 '18, UK spending on the top 10 dating apps rose to L23M from L14M in the same period in 2017. That is a growth of 60% in a year. Tinder generated more consumer spend in the UK than any other non-gaming app in 2018, even more than Netflix and Spotify. And the UK's increase in spending on dating apps is now higher than the global average.

Momo Experiencing Decelerating Growth

SMARTER ANALYST - Dec 19 - Chinese social media company Momo had seen its stock surge ~100% between January and the end of June, before plummeting over the past few months to a 52-week low. The growth has been decelerating; while revenue grew by 64% YOY in Q1 '18, growth decelerated to 58% in Q2 '18 and then 51% in Q3 '18. However, even with decelerating growth, Nomura analyst Jialong Shi is bullish on MOMO stock, maintaining his Buy rating and $41 price target. Momo's flagship service is Tantan, a dating app similar to Tinder.

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Plenty of Fish Is Increasingly Popular in Mexico

FORBES MÉXICO - Dec 18 - With ~1M exchanged on the POF app per week, Mexico is starting to be POF's one of the most important markets. Mexico is a very attractive market because its users are very active and sociable.

Online Dating Is a Multi Billion Dollar Industry

EQUITIES - Dec 17 - Recent estimates evaluate the online dating market at $12B by 2020. "About half of Internet users are single. We estimate that 20% of them will take an interest in online dating services by 2020," says Nomura Instinet analyst, Mark Kelly. "We expect Match to continue acquiring assets it views as a threat," Kelley said. By 2020, nearly half of online daters will be international.

The OPW/iDate Dating Business Insider is first and the largest weekly news summary in the dating industry. Since 2004.
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