Dating Pro Digest: Tinder’s ‘Army of Swipers’ Keeps On Growing; Hawaya App Appears In Canada; Shaadi Removed Skin Filter Pressured By Its Users; Tinder announced the creation of a startup accelerator.
Good morning, my friends
Dating industry news digest for today:
- Tinder’s “Army of Swipers” doesn’t slow its growth;
- Match Group’s Hawaya appears in Canada;
- Shaadi dating site removed the skin tone filter when users began to exert pressure;
- Tinder announced the creation of a startup accelerator.
Tinder’s “Army of Swipers” doesn’t slow its growth
Today, about half of 18-29-year-olds in America admit to using dating apps or sites.
Match Group has acquired about 20 companies in its relatively short history. As a result of their efforts, Match Group has 45 dating services and is not going to stop the growth of its roster.
Since their IPO in 2015, their shares have exploded the market with a 600% gain, their market asset is $ 25 billion. The largest of these is Tinder, which covers 59 million people.
Match Group’s Hawaya appears in Canada
Hawaya is a dating app that targets Muslim couples with serious intentions.
Now it is available in 11 countries, but soon Canada, the USA and Great Britain will be added to them.
The Hawaya app was founded in 2017 by Sameh Saleh. His main goal was to help his sister find a reliable and strong marriage.
Shaadi dating site removed the skin tone filter when users began to exert pressure
Hetal Lakhani from the USA started an online petition to remove skin filter function and the result was achieved.
It all started with suspicions in the light of protests against racism that the filter could violate people’s rights.
Shaadi tried to argue that the filter was not meant as a method of humiliation to help users search for partners with their favorite skin tone. But in the end, they were forced to remove it.
Tinder announced the creation of a startup accelerator
Former vice president Jeff Morris Jr. crunched Product Club, a startup accelerator that will empower small businesses to improve people’s lives.
This program provides a platform for investing. The Product Club operates on a simple mechanism, investing $ 100,000 in each company, it receives 5% of the shares.
A pleasant bonus for program participants will be mentoring. Personal lessons that will be set to improve the product with a mentor will be held every week.
Among the mentors, you can find very experienced people in this field:
- Danny Trinh (head of Design at Zenly)
- Merci Victoria Grace (investor at Lightspeed, formerly head of Growth at Slack)
- Scott Belsky (founder of Behance, CPO at Adobe)
- Sriram Krishnan (investor, formerly led consumer product teams at Twitter)
- Manik Gupta (investor, former Chief Product Officer at Uber)
- Brian Norgard (investor, former CPO at Tinder)
- Jules Walter (product monetization at Slack, co-founder of the BlackPM network)
- Josh Elman (board partner at Greylock, investor, former VP of Product at Robinhood)
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Main Photo by Darío Méndez on Unsplash
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