As Gen Z reconsiders dating apps, Tinderâs IRL events expand to dozens more cities
As Gen Z rethinks the point of online dating, Tinder is trying to stay in the game by expanding its in-person events to dozens of
As Gen Z rethinks the point of online dating, Tinder is trying to stay in the game by expanding its in-person events to dozens of new cities by September, the company told analysts on its second-quarter earnings call on Tuesday. Match Group (Tinderâs owner) reported its flagship dating app saw revenue decline in the quarter, which sent the companyâs stock down by over 10% in after-hours trading. Nevertheless, Match still appeared to be bullish on its Tinder turnaround efforts. CEO Spencer Rascoff spoke of narrowing Tinderâs declines in monthly active users, which were down 7% in Q2, slightly better than last quarterâs 8% decline. He also said he believed Tinderâs daily active user growth would once again lean positive âany day now.â The app has not reported positive user growth in more than three years. Still, Match, which also runs Hinge, OKCupid, Match, PlentyofFish and other dating apps, is planning for a future where online dating itself may become passĂ©.
Numerous reports have suggested that younger Gen Z users are increasingly turning to real-world experiences that get them off their phones and out of the house as they seek to connect with others. Now, Matchâs own internal data is backing this up. âOur internal research shows that nearly half of singles aged 18 to 29 want to share in-person experiences with people who could become closer connections,â Rascoff said. âYet, for a generation that grew up online, making that transition into real life can still feel hard. That is why we are doubling down on more social, lower-pressure ways for users to connect in real life,â he told analysts on the call. In March, March introduced in-person events, starting in Los Angeles, that are featured in a dedicated Events tab in Tinderâs mobile app. This tab features curated local events that are held at speakeasies, bowling alleys, raves, and pottery classes, among others, and Rascoff said 71% of Tinderâs active users in L.A., aged 18 to 24, had engaged with the new sections.
That suggested âespecially strong adoptionâ among Gen Z users, the company said. Since its March debut, the company has featured over 60 events. Now, Tinder is expanding its events efforts beyond L.A.âs initial beta test. Since March, the Events tab has been launched in nine additional U.S. and European cities, and it will reach 26 cities globally by the end of September. By the end of 2026, Tinder expects to launch the feature in 75 cities. Rascoff told analysts on the call that Events was being scaled via a âlow-cost model built primarily around partnerships with leading event providersâ â in other words, Tinder itself isnât directly running the events; itâs just making them discoverable via its app. However, this strategy could provide the company with valuable data if it wanted to invest more directly in such events.