The OPW/iDate Weekly News Summary.
- Attend the European Dating Conference: http://www.internetdatingconference.com
- September 8-9 in Cologne Germany
- Facebook is speaking / Exhibit Hall Sold Out
- Make a nomination for the 2015 iDate Awards : http://idateawards.com
(ends Oct 31)
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php
:~ TOP ONLINE PERSONALS WATCH NEWS ITEMS AND INTERVIEW ~:
LoveRoom - Joshua Bocanegrahttp://www.onlinepersonalswatch.com/new ... eroom.html
Spinoff Of IAC's Match Group Might Not Be A Smooth Sailing
WSJ - Aug 19 - Match Group is expected to trade at a higher multiple than the rest of IAC, particularly as it starts monetizing Tinder. IAC hasn't mentioned a spinoff but has taken steps in that direction, including creating Match Group with its own management. IAC would need to stabilize it's search-and-apps business (includes Ask.com and About.com) before leaving it on its own. If IAC proceeds with a spinoff, it won't necessarily be a smooth sailing for Match either. Revenue and subscriber growth has slowed in the past three quarters. Average revenue per subscriber has fallen for the past six. The problem: Most user growth is at OkCupid and Tinder, which are free.http://www.onlinepersonalswatch.com/new ... iling.html
Rocket Internet, The Company Behind eDarling, Raised $445M
BUSINESS INSIDER - Aug 14 - Rocket Internet is one of the most successful and controversial startup incubators in the world. Last week, the Berlin-based startup accelerator raised $445M at a $4.5B valuation. And it’s reported to be shooting for an IPO soon, with hopes of reaching a valuation as high as $6.7B. Rocket Internet's strategy is to copy ideas that work in certain markets and build the same exact business model in regions that haven’t yet been explored. It launched eDarling in 2008, a copy-cat of eHarmony. The site now operates in 20-plus countries. eHarmony was a 30% shareholder until 2013. eDarling focused on mostly non-English-speaking countries, but have announced plans to expand to the U.K. and Ireland recently.http://www.onlinepersonalswatch.com/new ... -445m.html
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Zoosk Launches Photo Verification Feature
BUSINESSWIRE - Aug 21 - Zoosk a new Photo Verification feature to confirm the authenticity of members’ profile pictures. Members who choose to verify their photo will be prompted by the system to record and submit a video “selfie” that will capture the individual’s face from a variety of angles. If the moderators approve the member’s photo, he or she will be notified and a Photo Verified badge will be added to their profile. The video “selfie” will remain private.http://www.onlinepersonalswatch.com/new ... ature.html
A Common Interest Such As Pets Helps The Search For Love
ASSOCIATED PRESS - Aug 20 - On dating sites like PetsDating.com and YouMustLoveDogsDating.com users are encouraged to bring their dogs on first dates to break the ice. "Dogs are amazing icebreakers," said Kris Rotonda, who started YouMustLoveDogsDating.com last year. The site has now 2M members.http://www.onlinepersonalswatch.com/new ... -love.html
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Markus Frind: The Man 'Behind A Million Babies'
BBC - Aug 20 - "Everyone is unique and individual but when it comes to dating and relationships, people follow a very common set of patterns", according to POF founder, Markus Frind. "Nearly 70% of the time we're able to predict exactly who you're going to end up in a relationship with," he says. At POF's headquarters, dozens of TV screens display charts and graphs that monitor, in real-time, the millions of messages that users are sending each minute on the site. With all this data, POF can quickly suggest matches to new users who fill in detailed questionnaires about themselves upon joining. POF gets ~2B page views each month and 29% of users find their partner in less than a month. Frind says the transition of users to mobile phones over the past two years has been one of the biggest challenges the company has faced.http://www.onlinepersonalswatch.com/new ... abies.html
Hornet Gay Social App Launches HIV-test Finding Feature
SDGLN - Aug 19 - In an effort to help prevent HIV infections, the Hornet Gay Social Network partnered with aids.gov to power its new feature that will help users locate HIV testing services and learn more about topics related to the fight against HIV/AIDS.http://www.onlinepersonalswatch.com/new ... ature.html
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Snap Interactive's AYI Is #1 Top Grossing App In iTunes App Store
PR NEWSWIRE - Aug 19 - AYI, the social discovery app owned by Snap Interactive, is now the top grossing app in iTunes App Store. (See iTunes rankings) 32% of new subscription transactions originated from mobile platforms in July 2014.http://www.onlinepersonalswatch.com/new ... store.html
MeetMe: Innovative Social Discovery Company Worth Investing In
SEEKING ALPHA - Aug 18 - MeetMe has gone from 800K users to 1M in just three months. Mobile revenue is up 114% YOY and mobile average revenue per user is up 123% YOY, outpacing Facebook by 41%. The company is improving in all metrics while the stock is down 37%. Social media is a fast growing sector, led by Facebook. There are smaller companies such as MeetMe that may be worth investing in. The keys to look for are: user growth, revenues, and the innovation.http://www.onlinepersonalswatch.com/new ... ng-in.html
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:~ UPCOMING INTERNET DATING & DATING INDUSTRY CONFERENCES ~:
September 8-9, 2014 : Cologne Germanyhttp://www.internetdatingconference.com ... e-2014.php
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