The OPW/iDate Weekly News Summary.
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:~ TOP ONLINE PERSONALS WATCH NEWS ~:
Spark Networks Reports 2019 Financial Results: Revenue up 44%
PRESS RELEASE - Apr 29 - Spark Networks, the parent company of Zoosk, EliteSingles, Jdate, Christian Mingle, eDarling, JSwipe and SilverSingles, has reported preliminary second half and full year 2019 financial results. "Full year 2019 revenue increased 44% to €149M and Adjusted EBITDA grew 129% to €23M," said Eric Eichmann, CEO of Spark Networks. "Looking ahead to 2020, we are guiding to revenue in the range of $212 to $220Million (€193 to €200M) and Adjusted EBITDA in the range of $30 to $34M (€27 to €31M)," added Bert Althaus, CFO of Spark Networks. Preliminary net loss for 2019 was €16.9M, an increase of €12.7M compared to €4.2Mn in 2018. The increase in net loss is primarily attributable to the Spark Networks / Zoosk Merger, which closed in July 2019.
The Meet Group to Release Blind Date and Second Date to MeetMe and Skout Live
BUSINESS WIRE - Apr 29 - The Meet Group, a leading provider of interactive livestreaming solutions, plans to release two new features to its NextDate dating game, Blind Date and Second Date, on its MeetMe and Skout livestreaming dating apps in the coming weeks. The Meet Group hopes to encourage its users to make connections, find love, and regain a sense of community, all while remaining socially distant. NextDate, a gamified version of speed dating, was introduced to The Meet Group's portfolio of mobile apps in October 2019. Blind Date allows NextDate users to meet and date streamers through a timed video chat. Second Date gives a contestant the chance to have a number of subsequent dates with the streamer during the game, adding a new element to the NextDate experience.
Hily Is Encouraging Singles to Take Their Profiles More Seriously
DIGITAL JOURNAL - Apr 28 - Dating app Hily has launched a new video campaign called "Is This Profile Really Fake." Five short clips are meant to break myths about the profiles users think are fake. According to Hily's recent survey, singles called fake almost every profile they didn't like. 53% of them believe if the profile has only one picture, it is fake. According to Hily's moderation team, 17% of Hily's verified users have only one image. 48% of users think if a person in the picture is "too beautiful," it means the profile is fake. So this campaign gives users a perspective on what profiles people think are fake and encourage them to take filling in their dating profiles more seriously", says Hily's Head of Business Development Halyna Virt.
MyLife - Safer Dating
MyLife provides daters with insights into their prospective dates' background and reputation. We would like to help you foster safer dates through your dating app.
How Plenty of Fish Is Supporting Those in Need
POF LINKEDIN - Apr 30 - Plenty of Fish is donating a portion of the ad space across their platforms to national charities. POF has initially partnered with Feed the Frontline and Food Banks Canada to help them raise funds, as well as Viacom CBS to promote their #AloneTogether COVID education campaign created with the Ad Council in the US, to help drive awareness during this time. POF is donating $10K to Battered Women's Support Services (BWSS), an organization based in Vancouver that provides education, advocacy and support service to women who need it. POF will be also accepting a limited number of further applications from national charities who want to get the word out - free of charge.
The Inner Circle: A Quarter of Singles Have Lied on a Dating App
BUSINESSWIRE - Apr 28 - Ahead of National Honesty Day (30th April 2020), research from dating app The Inner Circle reveals one in 10 (13%) singles would dump someone if they caught them lying. When pressing daters on their own honesty, around a quarter (24%) admitted to having told a 'white lie' to get more matches. While 29% aren't sure why they lied, 25% thought it was harmless. Just 14% admitted to lying to get their match to like them more while the same number (14%) wanted to appear better. The most common lie was telling their matches they exercise more than they do (27%) followed by lying about their age (18%). The research was carried out among 2K members of The Inner Circle in the UK during March 2020.
78% of Dating App Crush Users Would Still Meet in Person
NEW KERALA - Apr 29 - In a survey of ~4K of its users, dating app Crush reports that 78% of respondents say that they would still choose to meet their matches in person during the quarantine. Among the respondents in favor of in-person meet-ups, 63% are men and 37% are women, indicating that men may be more desperate to meet their matches in person than their female counterparts.
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Single Democrats Would Not Consider Being in a Committed Relationship With a Trump Voter
BUSINESS INSIDER - Apr 28 - 71% of single Democrats would not consider dating someone who voted for Donald Trump, according to a new Pew Research Center survey. Only 47% of Republican and right-leaning respondents said they wouldn't consider dating someone who voted for Hillary Clinton. The most online dating users think political alignment is a "crucial" piece of information about potential partners.
Top Dating Apps in China During Coronavirus Pandemic
SCMP.COM - May 1 - The nine largest dating apps by China iOS app store ranking are Yidui, Tantan, Momo, Soul, Yimu, Zhenai, Hezi, Blued and Rela. ~622M people used dating apps in China last year, and the market is set to hit $290M in revenues by 2024, according to Statista.com.
The OPW/iDate Dating Business Insider is first and the largest weekly news summary in the dating industry. Since 2004.
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