The OPW/iDate Weekly News Summary.
- Attend iDate January 25-February 1 in Miami: http://www.idate2016.com
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php
:~ TOP ONLINE PERSONALS WATCH NEWS ITEMS ~:
Snap Reports Positive Net Income On Lower Revenue In Q3 2015
MARKETWIRED - Nov 10 - Total revenue decreased 16% YOY to $2.9M. Net income totaled ~$0.5M, the highest net income ever recorded by the company. Snap Interactive operates dating apps - AYI and The Grade.http://www.onlinepersonalswatch.com/new ... -2015.html
Barry Diller Values Online Dating Empire At $3.1B
NYPOST - Nov 9 - IAC will sell a 14% stake in Match Group to the public in an IPO later this year. The 33.3M shares will be priced between $12 and $14. At the midpoint, Match Group will raise $433M. Proceeds will go to repay debt owed to IAC.http://www.onlinepersonalswatch.com/new ... t-31b.html
Dating sites make millions each year from running their casually oriented dating traffic to Fling.
for special treatment.
Who's The Highest Paid Internet Dating Executive?
OPW - Nov 10 - Answer: Greg Blatt, the Chairman of Match Group. His salary was $500k in 2014, down from a cool million a year in 2013, and 2012. His total remuneration with stock awards for 2012, 2013 and 2014 totals $25 million. A contender for the #2 spot is Sam Yagan, the CEO of Match Group. His salary is $500k but his total remuneration for 2012, 2013 and 2014 totals $12.77 million. http://www.onlinepersonalswatch.com/new ... utive.html
Tinder Introduces A New Matching Algorithm
TECH CRUNCH - Nov 12 - Tinder is releasing a new matching algorithm as well as new profile and messaging features. The new algorithm is meant to look at more data points as a user swipes left and right. Tinder CEO and co-founder Sean Rad wouldn't share any details on how the new algorithm works. Tinder is also adding the ability for users to include their work and education information.http://www.onlinepersonalswatch.com/new ... rithm.html
Identify your fraudulent users before they have a chance to commit fraud and ruin your sites' reputation. Use BeehiveID.http://www.beehiveid.com/verified-ident ... g-industry
Match.com Is Moving To A New Office
BIZBEATBLOG - Nov 10 - Match.com has rented a big block of office space across the street from NorthPark Center mall in Dallas. Match moved to Dallas from San Francisco in 1999.http://www.onlinepersonalswatch.com/new ... ffice.html
Bloomberg Interview With CEO Of Hinge
BLOOMBERG BUSINESS - Nov 10 - Justin McLeod, Hinge's CEO, and Bloomberg Intelligence's Paul Sweeney discuss Match's IPO filing and the recent trends in online dating.http://www.onlinepersonalswatch.com/new ... hinge.html
Courtland Brooks - We help Internet dating companies grow. Strategy, PR and Business Development services.
USA Today Interview With Tinder's CEO
USA TODAY - Nov 9 - USA Today sat down with Tinder CEO Sean Rad for an extended interview about Tinder. Dating app Tinder has seen ~10B matches.http://www.onlinepersonalswatch.com/new ... s-ceo.html
Dating App LunchClick Killed In-App Chat
TECHINASIA - Nov 7 - LunchClick is a new dating app from a Singapore-based dating agency, Lunch Actually. It takes a few hours for users to go from downloading the app to using it. Every profile is exhaustively verified by humans to keep out creeps, fakers, and scammers. Users can't engage in small talk via in-app chat. There's no endless swiping either, as they only get one match a day. Instead of chat, LunchClick devised a Q&A-style interaction where matches take turns asking questions chosen from a predefined list. The app charges entry fees for singles meetup events, and will soon make money from restaurant booking fees, in-app purchases, and gifts.http://www.onlinepersonalswatch.com/new ... -chat.html
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The OPW/iDate Dating Business Insider is first and the largest weekly news summary
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