One in five Gen Z women identify as LGBTQ+

A recent Goldman Sachs report highlights growth in the online dating sector, particularly for Match Group, Bumble, and Grindr. While mature markets like the U.S. and Canada are slowing, new users are emerging in regions like Asia. Bumble's new app, Bumble for Friends, has gained popularity for helping users form platonic relationships. This shift reflects changing preferences among younger users, who are increasingly favoring friendship apps over traditional dating methods. The report also notes that one in five Gen Z and millennial women identify as LGBTQ+. This trend suggests that Grindr may have a larger user base among LGBTQ+ individuals compared to Tinder and Hinge.