Overview
- Match Group, which reported results Tuesday, posted $864 million in first‑quarter revenue on Hinge strength and early Tinder progress.
- The company guided second‑quarter revenue to $850 to $860 million and flagged a $30 million hit from Tinder product tests and disruption at its Azar app in Asia.
- Paying users at Match fell 5% to 13.5 million while Hinge payers rose 15% to 2 million and Tinder registrations grew 1% after multi‑year declines.
- Bumble delivered $212.4 million in first‑quarter revenue as total paying users fell 21% to 3.2 million, and it plans a rebuilt, AI‑enabled app experience later this year.
- Both companies are rolling out AI tools such as in‑app matchmakers, personalized prompts, and face verification, and Match says it will slow hiring to fund company‑wide AI systems to counter swipe fatigue among Gen Z users.