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Bumble's founder is back in as CEO to try to save the failing brand. Meanwhile Gen Z and millennials are looking for real connections amid a dating app "wasteland."
Dating giant Tinder also recently revealed that its users participate more on Dating Sunday than any other Sunday of the year, responding an average of 19.4 minutes faster and sending 22% more ...
The gender gap is a persistent problem around the globe, with no country yet to achieve pay parity between genders. According to the World Economic Forum (WEF), the gap is not on track to close ...
Research by the Urban Institute conducted in 2014, projected that if current trends continue, millennials will have a lower marriage rate compared to previous generations, predicting that by age 40, 31% of millennial women will remain single, approximately twice the share of their single Gen X counterparts. The data showed similar trends for males.
The dating app faced major backlash this week after running billboard ads targeted toward women with anti-celibacy messages ... why many Gen Zers and millennials are logging out of dating apps for ...
Research by the Urban Institute conducted in 2014, projected that if current trends continue, Millennials will have a lower marriage rate compared to previous generations, predicting that by age 40, 31% of millennial women will remain single, approximately twice the share of their single Gen-X counterparts. The data showed similar trends for males.
Dating companies generated more than $5 billion in 2023 alone. Match Group generated annual revenues of more than $3.4 billion, while Bumble had revenues of $1.1 billion last year.
The pandemic has changed several aspects of life, including the way people spend money on dating. Millennials spend an average of $69 on first dates, and the majority of both millennial and Gen Z...
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