This story was originally published on HackerNoon at: https://hackernoon.com/ai-and-the-rise-of-meaningful-connections-current-dating-app-market-trends.
One of the most intriguing trends in the dating app market is the integration of artificial intelligence.
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During the COVID-19 pandemic, dating apps experienced a surge in users. Match Group, which owns over 45 dating brands including Tinder, Hinge and OKCupid, reported an increase in subscribers and downloads in its second quarter 2020 earnings. Industry giants Match Group and Bumble have collectively lost over $40 billion.