MatureDJ
Master Don Juan
- Joined
- Apr 30, 2006
- Messages
- 11,295
- Reaction score
- 4,664
Dating Apps Have Hit a Wall. Can They Turn Things Around?
The apps have changed our love lives, but they haven’t been able to convince enough young users to pay.
1ft.io
The money quote:Match Group and Bumble — which make up nearly the entire industry by market share — have lost more than $40 billion in market value since 2021. Even in an age when the apps are a staple on people’s smartphones, the two companies are laying off workers and reporting lackluster revenue growth.
And it's OVER for PremiumOLDCels.By paying, users can unlock features like unlimited swipes and the ability to see who has swiped on them. But for many people, that’s not enough: Unlike other paid subscription services, like Spotify or Netflix, dating apps can’t guarantee that you’ll find what you’re looking for.
my opinion: Karma, OLD is the main guilty party in the development of the Sexocalpyse.“People use dating apps, but I don’t know anyone who pays for it,” Ms. Wang said. In fact, she said that she would consider it an “ick” if she learned somebody was paying for a subscription.