Tinder to add audio and video chat functionality to its app, group live video also included
The Californian dating app called Tinder is going to launch some new features in its mobile app. The new features will aim to provide a better online dating experience for users amid the Covid-19 pandemic. When releasing its second quarter results, Tinder outlined its plan to improve the online dating app with a new audio and video chat feature. Read on to find out what Match Group has in mind for their dating apps.
Match Group sees a profit compared to last year
Match Group Inc, the company that owns dating apps including Tinder, recently released its second quarter results. The company’s net income for the second quarter of 2021 was $ 140.9 million, compared to $ 74.9 million for the same period last year. In addition, total revenue of $ 707.8 million is up from $ 555.4 million last year. In a letter to shareholders, the company said, “We are seeing a strong recovery in the United States and improvement in Europe as well, but important markets for us such as India, South Korea, Brazil and Japan is further behind the COVID recovery curve. . “
Acquisition of Hyperconnect Unlocks Advanced Video and Audio Chat Features
During the event, Match Group also mentioned that it plans to bring audio and video chat features including live group videos to several brands owned by the company (apps like Tinder). These features will be developed in a few months and launched on multiple platforms over the next 12-24 months. The developments come after Match Group acquired Hyperconnect, the popular social networking company. Hyperconnect, the Korean application maker, was acquired by Match Group for $ 1.73 billion.
Previously, Tinder was spotted testing a video chat feature called Tinder mixer. The technology owned and used by Hyperconnect will enable Match Group to implement live streaming and other video capabilities in its applications. In a public statement, Shar Dubey, CEO of Match Group, mentions the kind of features users can expect in the times to come. As mentioned, the features will include AR features, self-expression tools, conversational AI, and a number of what we would consider metaverse elements, which have the element to transform the online meeting process.