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Issue 660 - OPW/iDate Industry News - March 23rd, 2020
http://mb.internetdatingconference.com/issue-660-opw-idate-industry-news-march-23rd-2020-t1141016.html
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Author:  datingindustrynews [ Tue Mar 24, 2020 5:42 pm ]
Post subject:  Issue 660 - OPW/iDate Industry News - March 23rd, 2020

The OPW/iDate Weekly News Summary.

Upcoming Events:
- Online Dating and Dating Industry Conference in Odessa on May 21-22, 2020

https://idate2020.com/
- Stay informed. https://www.onlinepersonalswatch.com/
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:~ TOP ONLINE PERSONALS WATCH NEWS ~:


Plenty of Fish Partners With The Meet Group for Free Livestreaming

PR NEWSWIRE - Mar 19 - Plenty of Fish today began rolling out a free livestreaming feature, dubbed LIVE!, for members to encourage singles to "date from a distance" as the nation practices social isolation. In partnership with The Meet Group, a leading provider of interactive livestreaming solutions, LIVE! enables Plenty of Fish app-users to livestream with friends and potential matches. Next week, LIVE! will roll out to 80% of the U.S. and will be made available to all global app-users by the end of April. Users can access livestreaming through the LIVE! Icon in the app.


Momo Announces Q4 and Fiscal Year 2019 Financial Results

PR NEWSWIRE - Mar 19 - Momo's Q4 net revenues increased by 22% YOY to RMB 4,688M ($673.4M). Q4 Net income attributable to Momo increased to RMB1,055.9M ($151.7M) from RMB660.8M in Q4 2018. Monthly Active Users on Momo app were 114.5M in December 2019, compared to 113.3M in December 2018. Total paying users of live video service and value-added service were 13.8M, compared to 13M in Q4 2018. Full Year 2019 Highlights: Net revenues increased 27% YOY to RMB17,015M ($2,444.1M) for the full year of 2019. Net income attributable to Momo was RMB2,970.9M ($426.7M) for the full year of 2019.


Dating.com Group Launches $50 Million Corporate VC Fund

PULSE 2.0 - Mar 20 - The fund will invest in companies and projects in the dating space. Dating.com Group has recently acquired India-based Dil Mil - which is known as the "Tinder for South Asians". Some of the company's other apps include Dating.com, AnastasiaDate.com, Tubit, DateMyAge, AsianDate.com, and AfricanDate.com. The first investment was in S'More - which is a dating app encourages users to learn more about a person before looking at profile photos.
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MyLife - Safer Dating
MyLife provides daters with insights into their prospective dates' background and reputation. We would like to help you foster safer dates through your dating app.
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Grindr Has Increased the Number of Viewable Profiles for Free Because of COVID-19

THE TAB - Mar 19 - For a limited time, Grindr has made some premium features free. Acknowledging that many of their users will be working from home or self-isolating under new recommendations from the government to do so, Grindr has made the premium feature of being able to see up to 300 profiles in their area free.


Dating Apps Wingman and Ship Let Friends Take Over

ESQUIRE - Mar 18 - Tina Wilson is the founder of Wingman, a 3-year-old app that allows users to recruit friends and family to swipe on their behalf. Like many, she was irritated by the fake profiles and bad matches that come with online dating. "I kind of had that light bulb moment," says Wilson. "Wow, wouldn't it be fun if I could just let my friends do it for me? They have great insights. They're always going to toot my horn, and they love me, but they can also talk about my flaws and help me bypass some of the craziness that goes on." Ship is another friend-swiping app that launched last year. It is not surprising that both Wingman and Ship were founded by women; men, studies have found, often have a harder time than women building and maintaining friendships. In Britain, nearly 1 in 5 men says he has no friends at all. According to a spokesperson for Ship, women tend to have more friends swiping on their behalf than men do.


Tinder Offers Tinder Passport for Free

THEVERGE - Mar 20 - Starting next week, Tinder is making its Passport feature free for all users through April 30th. Passport allows people to pay to swipe abroad wherever they want. It usually costs money to access through either Tinder Gold or Tinder Plus.
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Match Dating Patents Under Threat

BLOOMBERG LAW - Mar 17 - Bumble has established a "reasonable likelihood" that it will succeed in invalidating a Match Group patent for computer dating. Patent covers steps that include swiping left or right to indicate disapproval or approval and then setting up communication between the two people if both sides express interest. The patent office is already reviewing the validity of two other Match patents based on Bumble challenges, with decisions expected by the end of the year.


'OKZoomer' Is a New Dating Service for Quarantined College Kids

ROLLINGSTONE - Mar 17 - Two Yale students saw that singles were being sent back to their hometowns, where dating pools are limited, so they created a solution - a dating site called OKZoomer. The website connects college students from 200 schools across the country for virtual Zoom dates. Currently, OKZoomer has garnered ~6K signups from students. Its growth is based almost entirely on word-of-mouth and posts on college meme pages.
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The OPW/iDate Dating Business Insider is first and the largest weekly news summary in the dating industry. Since 2004.
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