The OPW/iDate Weekly News Summary.
- Attend iDate May 28-29 in Beijing: http://www.internetdatingconference.com
- Video from iDate Las Vegas: http://idate2015.com/eventvideo-las-vegas-2015.php
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php
:~ TOP ONLINE PERSONALS WATCH NEWS ITEMS ~:
Snap Interactive Announces $3 Million Senior Secured Convertible Note Financing
PR NEWSWIRE - Feb 17 - Snap Interactive has completed a private placement of a 12% Senior Secured Convertible Note in the amount of $3M to Sigma Opportunity Fund. The note is convertible into shares of common stock at a fixed price of $0.20 per share. The company intends to use the net proceeds from the offering for general corporate purposes.http://www.onlinepersonalswatch.com/new ... ncing.html
Coffee Meets Bagel Lands $7.8 Million In Series A
TECH CRUNCH - Feb 18 - Coffee Meets Bagel has closed a $7.8M Series A financing round led by existing investor DCM Ventures. Question Ventures and Azure Capital also participated in the round. Launched in 2012, Coffee Meets Bagel aims to find one quality match for their users every day by using friend-of-a-friend connections on Facebook. IF both parties like their match, Coffee Meets Bagel gives the budding couple a discount on a first date activity, like grabbing a coffee or a drink. Users have 24 hours to respond to a match before it expires.http://www.onlinepersonalswatch.com/new ... ies-a.html
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Dating Apps That Give Women More Power
SF CHRONICLE - Feb 21 - When designing her new dating app, Bumble, Whitney Wolfe was inspired by the Sadie Hawkins dance, in which women reverse traditional courtship rituals by asking the men to the dance. The app works similarly to Tinder, which Wolfe co-founded. The difference? With Bumble, only the woman is allowed to send the first message after a mutual match is made. The Catch, launched on Valentine’s Day, “gamifies” the selection process with a Q&A from the woman to a handful of candidates. Project Fixup, ensures that the guy actually wants to date, rather than simply chat, with a pay-per-date model that arranges the person, time and place; the two parties only have to “accept” and show up.http://www.onlinepersonalswatch.com/new ... power.html
New App SparkStater Allows Facebook Friends To Be Matchmakers
FUSION - Feb 21 - Building off the success of Hinge, SparkStarter connects users with friends of Facebook friends. SparkStarter relies on users' friends to recommend potential dates from their Facebook friend circle, based on their real-life knowledge of the people involved. “We never see ourselves as we really are, or the way others do,” said Jessie Kay a LA-based matchmaker. “People are happy to point out other peoples’ faults, but never their own.” Recently Facebook surveyed 1500 users and found out that many couples were meeting through friends.http://www.onlinepersonalswatch.com/new ... akers.html
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Catholic Pressure Group Launches Legal Action Against Gleeden
INDEPENDENT.CO.UK - Feb 20 - A Catholic pressure group has started legal action against Gleeden which promotes extra-marital sex as a cheap “anti-depressant”. Hundreds of posters for the site have been taken down after residents’ protests in the conservative western suburbs of Paris. The controversial poster shows an apple with a chunk bitten out of it and highlights the letters EDEN in Gleeden. A caption reads: “Unlike anti-depressant drugs a lover costs nothing on the state health service.” US-owned Gleeden claims 2.3M members in Europe, a million of them in France.http://www.onlinepersonalswatch.com/new ... eeden.html
eHarmony To Accelerate Global Push
BUSINESS WIRE - Feb 19 - eHarmony wants to launch in one new country per quarter. Singapore site will be the first one in this new initiative. Throughout 2014, eHarmony accomplished significant milestones which included: reaching the highest number of subscribers in company history, achieving the highest level of new registrants (Total 61M), raising user engagement with users staying 45% longer, launch of eH+http://www.onlinepersonalswatch.com/new ... -push.html
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Chinese Dating Sites Shut Down In Online Prostitution And Fraud Raid
THESTACK - Feb 17 - Chinese Internet regulators have shut down 65 online dating and match-making services, accusing them of spreading “obscene and lascivious” content and permitting users to create false accounts. Last week, the country’s Internet watchdog announced that it would be clamping down on dating sites in order to fight prostitution and fraud, and would require that users register using their real names.http://www.onlinepersonalswatch.com/new ... -raid.html
Dating Sites Investing In Behaviour-based Matching
SMH.COM.AU - Feb 14 - OkCupid's pitch says: "We use math to get you dates." Co-founder Christian Rudder is crunching data from millions of users to come up with insights such as women are most attracted to men their own age, and men are most attracted to women aged 20-22. "What people say they want, and what they really want, are very different in practice," says Kari Taylor, from RSVP. RSVP switched from profile-based matching to behaviour-based matching a few years back and saw an 80% surge in users saying yes to conversation requests. eHarmony's predictive model for attraction has improved up to 400% in the past couple of years. An algorithm for attraction is possible given how much data is available. But the real question is whether that's the direction the industry is heading. The biggest thing in the online dating is Tinder, an app that doesn't use any info except a photo.http://www.onlinepersonalswatch.com/new ... ching.html
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:~ UPCOMING INTERNET DATING & DATING INDUSTRY CONFERENCES ~:
May 28-29, 2015 : Beijinghttp://www.internetdatingconference.com
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