Yes, it’s going to be a hot vax summer

  • Date: 22-May-2021
  • Source: CNBC
  • Sector:Economy
  • Country:Jordan
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Yes, it’s going to be a hot vax summer

The largest dating apps in the U.S. are banding together in support of Covid-19 vaccines, in the hopes that it'll be a hot vax summer. For the uninitiated, hot vax summer plays on the idea that once single Americans get their coronavirus vaccines, there will be a surge in dating, and overall social opportunities due to all the pent-up demand. (You may also know it as .) Match Group's Hinge, Tinder, OKCupid, BLK, Chispa, Match and Plenty of Fish users will be able to share their vaccine status and get some premium benefits. Bumble and Badoo will also be able to note whether they're vaccinated, and receive some complementary credits. 's and Group's latest earnings reports already indicated what all of the are saying -- people want to hook up again. Though, executives put it another way in its letter to shareholders, calling this the "summer of love." In its , Match said it anticipates total revenue of $680 million to $690 million in the second quarter. That would represent 22% to 24% year-over-year growth. Additionally, the company expects EBITDA of $255 million to $260 million this next quarter. "The vaccination rates and control over the Covid cases these last