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PostPosted: Tue May 12, 2015 9:57 am 
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Joined: Tue Nov 15, 2011 9:48 pm
Posts: 247
The OPW/iDate Weekly News Summary.

- Attend iDate May 28-29 in Beijing: http://www.internetdatingconference.com
- Video about Beijing: http://idate2015.com/agenda-beijing-2015.php
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php

_____________________________________________________________________

:~ TOP ONLINE PERSONALS WATCH NEWS ITEMS AND INTERVIEW ~:

Sweetmatch - Maxim Kolotsay
http://www.onlinepersonalswatch.com/new ... aysia.html
______________________________________________________________________


Grindr Is Seeking A Buyer

BLOOMBERG - May 9 - Gay dating app Grindr has hired Raine Group to advise it on a possible sale. Joel Simkhai founded Grindr in 2009 with $5K. Four years later, the company is still self-funded with no outside investors, and charges about $12 a month.

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


Zoosk Backpedals On $100M IPO

VENTUREBEAT - May 9 - Zoosk has submitted a regulatory filing to withdraw its plan to go public and raise $100M. The filing itself doesn’t explain Zoosk’s reasoning behind the move. Zoosk started in 2007 and pulled in $178.2M in revenue in 2013, with a $2.6M loss, according to last year’s form S-1 from the company.

http://www.onlinepersonalswatch.com/new ... m-ipo.html

_________________________________________________________________________

Identify your fraudulent users before they have a chance to commit fraud and ruin your sites' reputation. Use BeehiveID.
More info: http://www.beehiveid.com/verified-ident ... g-industry
________________________________________________________________________


MeetMe Q1 Results: Mobile Revenue Up 76%, Record EBITDA ($3.1M)

BUSINESSWIRE - May 8 - Total Q1 revenue was $11.6M, up 22% YOY. Mobile revenue ($8.2M) represented 71% of total revenue. Adjusted EBITDA was $3.1M, compared to a loss of $500K in Q1 2014. Net income was $722K compared to a net loss of $3.4M in Q1 2014. Mobile monthly users grew 44%. "We believe this significant growth in traffic reflects our success in growing Chat engagement", said CEO Geoff Cook.

http://www.onlinepersonalswatch.com/new ... a-31m.html


Spark Networks Q1 Results - Revenue Down 19%, Net Income $723KDating Sites In China Under Scrutiny

MARKETWIRED - May 6 - Q1 2015 revenue was $13.5M, a decrease of 19% YOY and a 5% decrease from the prior quarter. The decrease was primarily driven by a 25% decrease in average paying subscribers. Direct marketing expenses were $6.1M, a decrease of 47% YOY. Net income was $723K, compared to a net loss of $2.9M in Q1 2014.

http://www.onlinepersonalswatch.com/new ... -723k.html

___________________________________________________________________

Wanify - Paying too much for Google AdWords? Promote your dating site in the Wanify Dating Ad Network for half the cost of Google.
Contact the CEO directly at david@wanify.com.
_____________________________________________________________________


Dating Sites In China Under Scrutiny

WANTCHINATIMES - May 9 - Dating sites are facing government scrutiny as developers have allegedly used unlawful means to maximize earnings. Recently, a dating site Youyuan has been accused of using chatbots feigning to be female members to interact with male users. Since the beginning of this year, the Chinese authorities have shut down ~100 questionable dating sites or apps which had allegedly performed unlawful acts such as the sex trade, spreading pornography or using fake IDs.

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


Tinder Hits Back At Research Claiming 42% Of Its Users Have Partners

THE GUARDIAN - May 8 - Tinder has rejected research that estimated that 42% of its users are either married or in a relationship. "The results of this tiny, 681 person study in the UK is a totally inaccurate depiction of Tinder’s user base", said Tinder's spokesman. "The largest age group on Tinder (over 50% of users) is 18-24. More than 93% of UK residents in that age range have never been married, according to the UK's office of National Statistics. Simple logic should reveal that it's essentially impossible for any of these claims to be accurate." GlobalWebIndex has defended its methodology. "Our data is based on interviews with a panel of ~170K Internet users worldwide."

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

_________________________________________________________________

Dating sites make millions each year from running their casually oriented dating traffic to Fling.
Email greg@globalpersonalsmedia.com for special treatment.
___________________________________________________________________


eHarmony Ramps Up Analytics for New Job Matching Business

WSJ - May 8 - The new eHarmony service, called Elevated Careers, is expected to launch late this year. To prepare, eHarmony brought in Hadoop for analyzing massive datasets and a search engine from Elastic, as well as other technology upgrades. Job hunters fill out three questionnaires about their values, personality and experiences with corporate culture. Employers with open jobs, meanwhile, are profiled based on external data and information supplied by current and former employees.

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


Tinder Co-founder Dinesh Moorjani Joins Indian Dating App Vee

TECHCIRCLE - May 5 - One of the early investors and co-founder of Tinder, Dinesh Moorjani has joined mobile-based dating venture Vee as advisor. Moorjani is founder and CEO of Hatch Labs, a mobile technology incubator and captive fund, which built ~10 startups from the ground up since 2010, including Tinder. Moorjani was formerly SVP of IAC Mobile. Founded in April this year, Vee connects single people with others based on their interests. The company claims it is close to crossing 500K app downloads. GetVee, the company behind Vee, had raised $1M in its pre-Series A round of funding.

http://www.onlinepersonalswatch.com/new ... -vee-.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://idate2014.com/idate-industry-app.php
_____________________________________________________________________

:~ UPCOMING INTERNET DATING & DATING INDUSTRY CONFERENCES ~:

May 28-29, 2015 : Beijing

October 14-16, 2015 : London
_____________________________________________________________________

:~ TWITTER ~:

Online Personals Watch newsfeed: http://twitter.com/internet_dating
iDate events and updates: http://twitter.com/idateconference
_____________________________________________________________________

The business conference for the dating industry @ InternetDatingConference.com

Industry Message Boards @ mb.InternetDatingConference.com

Conference Organizer, Marc Lesnick, info@idate2015.com, 212-722-1744

Online Personals Watch, www.onlinepersonalswatch.com or opw1.com

Editor: Mark Brooks, mark@onlinepersonalswatch.com, 212-444-1636


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