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Day: August 6, 2025
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- Match Group’s CEO said that he was very pleased with Hinge’s performance.
- Hinge’s success contrasts with a broader decline in the online dating industry.
- The company plans to apply Hinge’s strategies to improve Tinder’s performance.
Hinge may be a bright spot in the fizzling online dating industry.
On Tuesday’s earnings call for Hinge and Tinder parent Match Group, CEO Spencer Rascoff said that Hinge is an example of what can be achieved with a motivated team and a great product.
“Simply put, Hinge is crushing it,” Rascoff said. “Hinge’s success should put to rest any doubts about whether the online dating category is out of favor among users.”
Match’s chief financial officer, Steven Bailey, said that Hinge generated $168 million in revenue in the second quarter, a 25% increase from the same time last year.
The dating app’s paying users grew by 18% year over year to 1.7 million, and revenue per paying user grew 6% to nearly $32.
Rascoff added that the company is following Hinge’s formula in its turnaround plans for Tinder. The company did not disclose as many numbers for Tinder as it did for Hinge, but said the app’s revenue was down 4%, to $461 million.
“Hinge’s success gives me pride in Hinge, but also confidence in Tinder,” the CEO said. “At Hinge, everything ladders up to one north star: getting users on more great dates.”
Rascoff said that Hinge was successful because it keeps “intentionality” at the core of a user’s dating experience and was using AI to craft “thoughtful high-quality responses, helping spark better first impressions.”
‘Numbers game’
In a memo in March, Rascoff, who joined Match as CEO in February, said that Tinder and Hinge users feel that the company is too driven by metrics.
“Too often, our apps have felt like a numbers game rather than a place to build real connections,” Rascoff wrote, adding that this needs to change.
“I’ve heard incredible stories of love,” Rascoff said. “But I’ve also heard frustration from users searching for real, meaningful matches and expecting more from the experience.”
Rascoff’s overhaul of the platforms follows a broader sentiment shift away from online dating. Swiping fatigue and the rising costs of going on dates are leading many users to ditch apps for outlets that allow in-person connections.
Between May 2023 and the end of 2024, more than half a million users left Tinder, according to a report from the UK-based online behavior research group Ofcom.
That’s showing up in dating apps’ bottom lines.
Revenue for rival app Bumble decreased 6.5% to $201.8 million in the first quarter of the year. Bumble reports its second-quarter earnings on Wednesday, August 6.
On Tuesday, Match reported $864 million in second-quarter revenue, unchanged from the same time last year. It reported a 5% drop in operating profit to $194 million.
Match’s stock rose close to 7% after hours on Tuesday. The company is down 5.5% over the last year.
Read the original article on Business Insider
ICAN Raises Alarm on Nuclear Threats Amid Hiroshima Commemoration
On August 6, 2025, the International Campaign to Abolish Nuclear Weapons (ICAN) issued a stark warning regarding the heightened risk of nuclear weapon usage, coinciding with the 80th anniversary of the Hiroshima bombing, reports 24brussels.
The organization’s executive director, Melissa Parke, emphasized, “The risk of the use of nuclear weapons is higher now than ever. We are facing a series of confrontations and conflicts involving nuclear-armed states.” This statement reflects growing concerns amidst rising tensions within global geopolitics.
ICAN, awarded the Nobel Peace Prize in 2017, highlighted particular anxiety over remarks suggesting the tactical use of nuclear arms. Parke articulated the importance of recognizing the bombings of Hiroshima and Nagasaki as initial tactical nuclear attacks, stating, “We must remember that the bombs dropped on Hiroshima and Nagasaki would today be described as tactical nuclear weapons.”
Parke delivered her remarks shortly after a solemn ceremony commemorating the 80th anniversary of the Hiroshima bombing, which took place at the precise moment the ‘Little Boy’ bomb was detonated over the city.
Reflecting on the historical implications, Parke noted, “It has been 80 years since the United States invented and used a nuclear weapon. These weapons have killed and injured hundreds of thousands of people and caused tremendous intergenerational and environmental damage.”
As part of the commemorative activities, ICAN urged for the abolition of all nuclear weapons, arguing against the notion of nuclear deterrence as a legitimate means of international security. Parke stated that Hiroshima’s legacy represents “80 years of catastrophic, widespread, and ongoing harm.”
The United States executed the first-ever nuclear attack on Hiroshima on August 6, 1945, followed by a second bombing in Nagasaki three days later, catalyzing Japan’s surrender and signaling the end of World War II. It is estimated that around 210,000 lives were lost as a result of these bombings, while over 150,000 individuals sustained injuries, with lasting humanitarian and environmental repercussions.
As the world reflects on this tragic history, the advocacy for nuclear disarmament remains more critical than ever, spotlighting the urgent need for global cooperation to prevent such devastation from occurring again.