San Francisco, May 12: In a bid to rope-in more users without having to worry about the on-device space management and extravagant Internet usage, dating app Tinder is planning to launch its light-weight Tinder Lite app. A Tinder Lite app would give it access to millions of people who have basic smartphones, limited access to data or both. Tinder Beats Netflix to Become Top Revenue Earning App in First Quarter of 2019: Sensor Tower.
As part of an earnings call, Mandy Ginsberg, CEO of Tinder's parent company Match Group, divulged plans for the Tinder Lite app which would be smaller and better-suited to areas where cellular data "comes at a premium", Engadget reported on Saturday.
Even though Ginsberg made no mention of features or a release date other than "soon", she pointed to the Southeast Asian region as high priority where there's an influx of young people into packed cities. Wanting a Perfect Tinder Profile 69-Year-Old Dutch Man Wants to Become 20 Years Younger Legally to Impress Women.
India, which has the largest population of millennials in the world, is also part of Tinder's target. According to information available on public domains, it is estimated that 50 million people worldwide use Tinder. Tinder's paid subscribers jumped 38 per cent year-over-year (YoY) in early 2019.
(The above story first appeared on LatestLY on May 12, 2019 03:25 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).