The data shows dating app industry has had explosive growth in the last decade. On the other hand, the trend shows this growth will continue in a much faster mode. The dating app industry is on the way to make $11.03 billion by 2028. ( source ) and 462.5 million users by 2029 ( source ).  All the leaders in the dating app industry like Tinder, Bumble, Hinge, and OkCupid are gaining huge benefits from…

Telling that you have met your spouse or significant other through a dating app is no longer shameful or surprising. In the past two years, the number of online daters have tripled and today, over 15% of Americans have had an online date (or more than one). From the business perspective the dating industry seems rather lucrative as well: – The average annual in-app spending is $243 per user. – The annual revenues are currently…