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Dating Industry and Matchmaking Industry Forums

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PostPosted: Tue Oct 20, 2015 6:29 pm 

Joined: Tue Nov 15, 2011 9:48 pm
Posts: 328
The OPW/iDate Weekly News Summary.

- Attend iDate January 26-27 in Miami: http://www.internetdatingconference.com
- iDate Awards Nominations Now Being Accepted until Oct 31 : http://idateawards.com
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php



Match Group Files For IPO

WSJ - Oct 16 - Match Group, owner of Tinder, OkCupid and Match.com has filed to go public on Friday. Their shares would be listed on Nasdaq under the symbol MTCH. The preliminary filing indicated Match would raise up to $100 million. Match Group's parent company IAC will retain over 50% of voting rights after the IPO. The company logged $888.3 million in revenue in 2014, up about 11% from the previous year, according to its filing with the Securities and Exchange Commission. Match's net income for 2014 was $148.4 million, up 18% year over year. All Match's dating properties have more than 59M MAU and approximately 4.7M paid members.

http://www.onlinepersonalswatch.com/new ... r-ipo.html

Spark Networks Sued JSwipe First, Now It Is Buying It

MARKETWIRED - Oct 14 - Spark Networks, owner of JDate.com, is acquiring Smooch Labs, the owner of a millennial Jewish dating app - JSwipe. JSwipe now boasts ~450K downloads worldwide and ~40M messages between users. It plans to offer premium, paid features. The purchase price will be recorded in Spark's Q4 2015 financial statements. The founders of Smooch will join Spark Networks as a subsidiary of the company and will continue to play an active role in managing the JSwipe product.

http://www.onlinepersonalswatch.com/new ... ng-it.html


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Gregory Franchina Unloaded 72K Stock Of Spark Networks

FINANCIAL MAGAZINE - Oct 15 - Chief Information Officer of Spark Networks, Mr. Gregory Franchina, sold 72,079 shares, totalling $247,959. He also sold 84,824 shares valued at $275,729 in the last 30 days. Since March 16, 2015, the stock had 0 insider buys, and 7 selling transactions for $332,013 net activity.


Parent Company Of eDarling & EliteSingles Named A New CEO

PRESS RELEASE - Oct 14 - Jeronimo Folgueira will become new CEO of Affinitas GmbH. He will lead Affinitas together with Michael Schrezenmaier, who joined the company in Sep 2012 and has been a Managing Director of it since May 2013. The two founders Lukas Brosseder and David Khalil will continue to support the company operatively until early 2016. Thereafter they will stay closely affiliated as shareholders of Affinitas. Brosseder and Khalil founded the company in Nov 2008. Affinitas goal is to have ~60M Eur in revenue in 2015.

http://www.onlinepersonalswatch.com/new ... w-ceo.html


Courtland Brooks - We help Internet dating companies grow. Strategy, PR and Business Development services.
Contact mark@courtlandbrooks.com

Snap Interactive Appoints Alex Harrington As CEO

ACCESSWIRE - Oct 14 - Founder and former CEO Clifford Lerner steps down to head mobile dating app, 'The Grade'. As President of The Grade, Mr. Lerner's primary responsibilities will be to scale The Grade's user base, oversee its growth and drive market penetration. Alex Harrington joined SNAP in 2014 as COO and CFO. Previously, Mr. Harrington served as CEO of MeetMoi, a pioneer in the mobile dating industry, which was sold to Match.com.

http://www.onlinepersonalswatch.com/new ... s-ceo.html

European Men And Women Cheating More Than Their American Counterparts

INDEPENDENT - Oct 12 - New research by DrEd.com, an online medical healthcare service, showed that while the majority of people surveyed in America and Europe had never cheated in their lives. The research surveyed 500 Americans and 500 Europeans from Belgium, the UK, Spain, Switzerland, Portugal, Poland, the Netherlands, Italy, France, Germany, and Austria. Both European men and women came out as having cheated more frequently than their American counterparts in all but one instance. 31% of American men, 49% of European men, 41% of American women, and 64% of European women said they had been adulterous.

http://www.onlinepersonalswatch.com/new ... parts.html


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The Grade Dating App Wants To Be Yelp For Online Dating

BUSINESS INSIDER - Oct 12 - The Grade is a dating app that lets users submit reviews of people they've dated. The app launched last year, and in its first iteration, it relied on an algorithm to weed out the worst people. But feedback from women led The Grade's team to the idea of letting people dictate the rating. The ratings won't allow any text, only "yes/no" to given questions. The Grade then takes the sum of all these "yes/no" answers to generate a grade (A-F).

http://www.onlinepersonalswatch.com/new ... ating.html

Facebook Suggests Users Friend Dating Site Matches

MOTHERBOARD - Oct 12 -The issue has been coming up with alarming frequency for users of Tinder and OkCupid in recent months. Emilio Ferrara, a data science and machine learning professor at Indiana University who studies social networks said the most obvious answer would be that these apps are collecting and sharing your information. Tinder and OkCupid both denied they share user info. Brian Hamachek, a software engineer who has reversed engineered Tinder's API and is very familiar with Facebook's API said there is no reason to believe those two sites are comparing your data. He believes the Tinder and Facebook overlap is most likely a side effect of similar algorithms working to connect people.

http://www.onlinepersonalswatch.com/new ... tches.html


Add news@internetdatingconference.com to your address book:

The OPW/iDate Dating Business Insider is first and the largest weekly news summary
in the dating industry. Since 2004.

Get the app: http://idate2014.com/idate-industry-app.php


January 25-27, 2016 : Miami (Tentative Dates)


Online Personals Watch newsfeed: http://twitter.com/internet_dating
iDate events and updates: http://twitter.com/idateconference

The business conference for the dating industry @ InternetDatingConference.com

Industry Message Boards @ mb.InternetDatingConference.com

Conference Organizer, Marc Lesnick, info@idate2015.com, 212-722-1744

Online Personals Watch, www.onlinepersonalswatch.com or opw1.com

Editor: Mark Brooks, mark@onlinepersonalswatch.com, 212-444-1636

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