Reopening: Bad for Dating Apps?

According to LikeFolio research, Consumers’ interest of the world’s most popular online dating application, Tinder (MTCH), have been steadily declining from the ATH levels attained during the lockdown last year. A near-term analysis of the underlying Mentions shows that the decline has accelerated in recent months, trending -20% QoQ on a 30-day moving average.
Meanwhile, Tinder’s largest rival and recent IPO Bumble (BMBL) shows a far less steep decline on a QoQ basis…