Posted 1/31/2024, 5:02:38 PM
Grindr Soars 60% Thanks to Loyal Users and Paid Features in the Pipeline
- Grindr shares up 60% year-over-year; CEO expects 2024 to go as well as 2023
- Success attributed to "dedicated users" spending avg. 1 hour daily in the app
- Shifting focus to monetization by building "features users want to pay for"
- Believes AI will "really change dating" via better matches and insights
- Planned innovations "Teleport" feature for travelers, tools to "express interest" beyond messaging