The OPW/iDate Weekly News Summary.
- Attend iDate May 28-29 in Beijing: http://www.internetdatingconference.com
- Video from iDate Las Vegas: http://idate2015.com/eventvideo-las-vegas-2015.php
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php
:~ TOP ONLINE PERSONALS WATCH NEWS ITEMS AND INTERVIEW ~:
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Indian Online Dating Startup TrulyMadly Raises $5.6M
FIRST POST - Mar 2 - TrulyMadly, an Indian-origin online dating and matchmaking app with ~200K installs, has raised Rs. 35 crore ($5.6M) in their first round of funding from Helion Venture Partners and Kae Capital. Co-founded by Sachin Bhatia, Hitesh Dhingra and Rahul Kumar, TrulyMadly launched its app in August 2014. TrulyMadly mobile app lets singles discover each other through shared interests and personality profiles. TrulyMadly 's app allocates a ‘Trust Score’ to each new user; a higher Trust Score increases the number of potential matches for a user. Users can boost their Trust Score by getting their phone number and photo ID verified. All users need ~30% Trust Score to use the app.http://www.onlinepersonalswatch.com/new ... s-56m.html
Jiayuan Surpasses 140 Million Registered Users
PR NEWSWIRE - Feb 25 - The number of registered users across Jiayuan's platforms including Jiayuan.com, iZhenxin.com and qiuai.com surpassed the 140M milestone, including 126.5M accounts from Jiayuan.com. According to statistics compiled by iResearch, Jiayuan.com is China's undisputed leader in online dating, ranking first in terms of daily visitors, time spent by users, pages viewed and number of visits in 2014.http://www.onlinepersonalswatch.com/new ... users.html
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College Party App Wigo Raised $1.5M
BOSTON BUSINESS JOURNAL - Feb 24 - Wigo, a Boston-based app that lets college students find parties and meet new people, has raised $1.5M in venture funding, bringing its total valuation to $14M. The company now has $2M in funding.http://www.onlinepersonalswatch.com/new ... d-15m.html
SeekingArrangement Breaks The Rules, Police Have Warned
THE NEW DAILY - Mar 1 - SeekingArrangement claims its Australian membership is growing exponentially and that it has 154,537 people signed up. “These types of websites are of concern because they may breach the law and they may also place people in dangerous situations,” South Australia Police said in a statement. In Victoria escorts must be registered, and in South Australia it is illegal to pay someone for sex. SeekingArrangement spokeswoman Brook Urick denied the website was used for illegal purposes. “There’s not really an exchange of money for sex, it’s about building a relationship. At least two violent crimes in the US had been linked to arrangements made on the website. Alix Tichelman, 27, was charged with killing Google executive Forrest Hayes in November 2013.http://www.onlinepersonalswatch.com/new ... arned.html
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The League: The World's Most Exclusive Dating App
BUSINESS INSIDER - Feb 26 - The League is a new dating app that uses its own algorithm to judge whether members are cool and ambitious enough to join. Right now it's in beta stage, so not everyone can get into it. Current members have all been carefully selected by creator Amanda Bradford's team using the code. It's predominantly populated by doctors, lawyers, and tech execs. What sets The League apart from its counterparts is its reliance on LinkedIn to determine user credentials. The League just raised $2.1M in funding. It's soon to expand to New York and there are plans to move to London too.http://www.onlinepersonalswatch.com/new ... g-app.html
'Hinge' Comes To Canada
GLOBALNEWS - Feb 26 - 30-year-old CEO Justin McLeod said Hinge is more like meeting people at a “friend’s house party” than the random matching that goes on in many other apps in the marketplace. Hinge shows a list of about 20 potential dates once a day that’s curated from friends of friends. Toronto is the first Canadian city where Hinge launched on today.http://www.onlinepersonalswatch.com/new ... anada.html
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ACCC Sweeps Dating Sites
ACCC.GOV - Feb 25 - The Australian Competition and Consumer Commission has joined an international initiative to protect consumers by sweeping dating sites for misleading offers, unclear pricing policies or consumer contracts with unfair terms. The ACCC also looked at what measures dating sites have in place to protect consumers against scammers. http://www.onlinepersonalswatch.com/new ... ites-.html
Zoosk Rapped For Ads On App For Youngsters
CREWEGUARDIAN - Feb 25 - Zoosk has been ordered to ensure it places its ads appropriately after they appeared on an app for young fans of One Direction. The app - a game called Date One Direction (D1D) - showed banner and full-screen ads from Zoosk featuring images of men and women and help to "meet local singles!". The free D1D cartoon-style game, which is classified 9+ in Apple's app classification system, gives fans the chance to build virtual relationship with members of the boyband. Childnet International complained to the Advertising Standards Authority (ASA) that the ads encouraged children to talk to strangers and had been inappropriately and irresponsibly placed within the app.http://www.onlinepersonalswatch.com/new ... sters.html
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The OPW/iDate Dating Business Insider is first and the largest weekly news summary
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:~ UPCOMING INTERNET DATING & DATING INDUSTRY CONFERENCES ~:
May 28-29, 2015 : Beijinghttp://www.internetdatingconference.com
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