The company is also taking aim at the use of bots as well as the promotion of OnlyFans pages.

Bumble Strengthens Community Guidelines to Combat No-Shows for In-Person Dates

Bumble is striving to create a secure environment within its apps for individuals to connect with new people, including when they meet in person. The most recent set of community guidelines, which are also applicable to Badoo and Bumble For Friends, specifically address the issue of ghosting or individuals not showing up for previously scheduled meetups. The guidelines “prevent no-show behavior by prohibiting not coming to an in-person meeting despite clear plans that both parties have agreed to,” Bumble said. It claims to be the first dating platform to “take…

The company reported revenue of $242.9 million in the quarter ended March 31, compared with analysts’ estimates of $241.0 million, according to Refinitiv data

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Bumble Beats Q1 revenue estimates despite recession fears

Nitin MisraMay 6, 23Bumble, Business, Dating, Revenue

Bumble Inc beat first-quarter revenue estimates on Thursday as user spending on its dating app has remained strong despite a looming recession, sending its shares up 4.6% in aftermarket trading. According to Refinitiv’s data, the company’s revenue was $242.9 million in the quarter ended March 31, compared to analysts’ estimates of $241.0 million. New features like “Compliments,” which allow users to engage by sending a message before deciding to connect, have helped the company weather high inflation and rising interest rates. Total paying users grew to 3.5 million in the…

Tinder's exit also comes when Russia has been strengthening laws to regulate the tech sector, against a backdrop of growing political repression

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The dating app Tinder is leaving Russia because of “human rights”.

Adriana MaraisMay 6, 23Business, Dating, Russia, Tinder

The company behind the dating app Tinder is leaving Russia more than a year after the occupation of Ukraine, when a wave of international companies closed or suspended their operations in Russia. Match Group announced on Monday that it will exit Russia by June 30 because “we are committed to protecting human rights.” The Texas-based company released the information in its annual impact report, which summarizes how the company achieves environmental, human rights and good governance goals. “Our brands are taking steps to limit access to their services in Russia…