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Dating Industry and Matchmaking Industry Forums

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PostPosted: Tue Aug 15, 2017 6:10 pm 
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Joined: Tue Nov 15, 2011 9:48 pm
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The OPW/iDate Weekly News Summary.

Upcoming Events:
- iDate Dating Industry Conference in London October 2-4 2017
http://idate2017.com

- Stay informed. http://www.onlinepersonalswatch.com

- Mobile news app: http://idate2017.com/idate-industry-app.php
___________________________________________________________________

:~ TOP ONLINE PERSONALS WATCH NEWS ~:

Spark Networks Q2 Results - Revenue Down 27%

ACCESSWIRE - Aug 8 - In May, Spark Networks entered into an agreement with Affinitas GmbH ("EliteSingles"), which operates premium online dating platforms EliteSingles, eDarling and Attractive World to merge. The transaction will close in Q4 2017. Q2 revenue was $6.6M, down 27% YOY and 9% down from the previous quarter. The decrease was driven by a decrease in average paying subscribers, reflecting reduced direct marketing investment in the Jewish and Christian Networks. Total direct marketing expenses decreased 53%. Q2 net loss was $2.5M. The company has no outstanding debt.

http://www.onlinepersonalswatch.com/new ... wn-27.html


Snap Interactive Q2 Results - Revenue UP 43%

ACCESSWIRE - Aug 8 - Total Q2 revenue was $6.2M, a 43.3% YOY increase. Subscription revenues increased 48.3% as a result of the completion of the Paltalk merger. Net loss from operations was ~$1.5M.

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

___________________________________________________________________

Real Gifts is a Giftshop Plugin - Add our new gifts and wish lists premium feature for dating.
You're losing up to $0.70 ARPU monthly without this plugin. Email dave@getrealgifts.com.
We've integrated with dating sites, so we know your business and how to make this work.
___________________________________________________________________


The Meet Group Q2 Financial Results - Revenue Up 91%

BUSINESSWIRE - Aug 3 - Total Q2 revenue was $31.3M, up 91% YOY, mobile revenue was $23.3M, up 55% YOY. The company has increased daily video minutes by 80% to 7.2M, with ~20% of its users watching videos every day. They expect to fully launch livestreaming video on Tagged and Skout by the end of this quarter. The Meet Group will also launch new banner and native advertising units within the video experience and gifting inside of video.

http://www.onlinepersonalswatch.com/new ... up-91.html


An Inside Look At Chinese Tantan's Success

TECHNODE - Aug 9 - China's top dating app Tantan announced on June that it has raised a $70M worth in a Series D, summing up its total accumulated fund to $120M. Tantan works through the location base service mechanism and matches users with a person that has been to the same place. On July 2015, Tantan's DAU was reportedly 250k, and today, Tantan's DAU reached ~6M. In the process of closing Series D investment, many investors wanted to join the round, and Tantan's financing round was oversubscribed by too much demand. To maintain the proportion of the founding team's shares, South Korea's renowned VC fund LB Investment sold some of their existing shares to two investors and achieved a partial exit.

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

___________________________________________________________________

Kount - Boost sales. Beat fraud.
With the recent data breaches of several online dating sites and millions of credit card numbers and personal information being released, your company's fraud strategy will likely be tested. Join us for a 30-minute discussion where we'll cover fraud prevention strategies and technologies specific to the online dating space. http://info.kount.com/webinar/kount-for ... ing-social
__________________________________________________________________


Northsight Capital Enters Into A Definitive Agreement To Acquire Crush Mobile Apps

ACCESSWIRE - Aug 9 - Northsight Capital has signed a non-binding memorandum of terms to acquire Crush Mobile Apps, a company that has developed a group of dating sites with a presence in the Latino, Israeli and African American communities, and claims ~1M members. Approval of the transaction is subject to a variety of conditions, including NCAP raising $500k prior to closing, due diligence investigation by both parties, obtaining all necessary corporate approvals, and the negotiation and execution of definitive agreements.

http://www.onlinepersonalswatch.com/new ... -apps.html


Tinder Became A Gateway Dating App

FORBES - Aug 8 - Tinder and smartphones killed the stigma of online dating. The app market has fragmented. There were always competing sites, but now Tinder serves as a gateway to niche apps. It gets people in the game. They meet a broad base of users on Tinder, have a strong reaction and seek out the platform that's right for them.

http://www.onlinepersonalswatch.com/new ... g-app.html

___________________________________________________________________

*Courtland Brooks* helps Internet dating companies grow with strategic advisory from seasoned professionals, business development, marketing and media relations services.  For the price of a marketing manager you get access to a team of seasoned Internet dating professionals.  Email mark@courtlandbrooks.com for more info.
________________________________________________________________


Hinge Created Snapchat Geofilters To 'Crash' 25 Weddings Across The U.S.

ADWEEK - Aug 5 - With a Snapchat campaign deployed to 25 weddings, dating app Hinge created custom geofilters for every wedding specifically for those sitting at "The Singles Table." The filters - launched on July 22 and 23—featured a baby blue table in the lower left hand corner next to the phrase "Where's my date, Hinge?" According to Hinge, 1,500 people saw the geofilters during the weddings, with ~10% actually using it for their own photos. The company also saw an uptick in total downloads, with a 60% increase over the average number of downloads during the geofilter's activated hours.

http://www.onlinepersonalswatch.com/new ... he-us.html


Cuddli - A New Dating App For Nerds

MASHABLE - Aug 10 - Cuddli is a new dating app for geeks. It's launching on iOS this week, though it's been available on Android since last year. Cuddli uses GPS matching. Users also have to respond to existing match requests before they can start matching with new people.

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

____________________________________________________________________

Add news@internetdatingconference.com to your address book:
http://internetdatingconference.com/T/141.php

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

Get the app: http://idate2017.com/idate-industry-app.php


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