Online dating sites Is Benefitting From Lockdowns: Here You Will Find The Champions — ICYMI

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The Coronavirus-induced lockdowns have now been an opportunity that is attractive online dating sites businesses.

All joking apart, the lockdowns appear to have done a few things for online companies that are dating a couple of things which are in direct conflict with one another. Dating apps are most likely seeing a surge in engagement as individuals remain in, but they’re also seeing a decrease in subscriptions.

“Though subscriptions are most likely under great pressure, dating businesses have actually reported upticks in use and engagement,” penned Canaccord Genuity technology and media analyst Austin Moldow in an email. Moldow stated, in a saturated industry of players around the world, only some businesses took quick action to capture share of users’ attention. Continue reading