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Dating Industry and Matchmaking Industry Forums

Business Message Board for the Dating, Online Personals, Social Dating, Mobile Dating, Dating Affiliate and Matchmaking Industry

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PostPosted: Tue Nov 10, 2015 10:40 am 

Joined: Tue Nov 15, 2011 9:48 pm
Posts: 328
The OPW/iDate Weekly News Summary.

- Attend iDate January 25-February 1 in Miami: http://www.idate2016.com
- Stay informed. http://www.onlinepersonalswatch.com
- Mobile news app: http://idate2014.com/idate-industry-app.php



Spark Networks Q3 Financial Results - Revenue Down 22%

MARKETWIRED - Nov 11 - Q3 revenue was $11.7M, a YOY decrease of 22%, and a 5% decrease from the prior quarter. The YOY decrease was primarily driven by a decrease in average paying subscribers. Direct marketing expenses were $4.4M, down 27% YOY. Net loss was $(822K). Subscribers grew 0.5%. In October, Spark Networks bought Smooch Labs, the developer of JSwipe, the popular Jewish millennial dating app. Spark Networks hopes to monetize the app soon.

http://www.onlinepersonalswatch.com/new ... wn-22.html

MeetMe Q3 2015 Financial Results

BUSINESSWIRE - Nov 3 - Q3 highlights: Mobile revenue was $11.6M, up 73% YOY, mobile revenue represented 81% of total revenue. Total revenue was $14.3M, up 23%YOY. Net loss was $2M, compared to net income of $52K in Q3 2014. Mobile daily active users increased 19% YOY.

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


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Dating App LunchClick Killed In-App Chat

TECHINASIA - Nov 7 - LunchClick is a new dating app from a Singapore-based dating agency, Lunch Actually. It takes a few hours for users to go from downloading the app to using it. Every profile is exhaustively verified by humans to keep out creeps, fakers, and scammers. Users can't engage in small talk via in-app chat. There's no endless swiping either, as they only get one match a day. Instead of chat, LunchClick devised a Q&A-style interaction where matches take turns asking questions chosen from a predefined list. The app charges entry fees for singles meetup events, and will soon make money from restaurant booking fees, in-app purchases, and gifts.

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

Tinder Users Want Long-Term Relationship, The App Updated Matching Algorithm

CNBC - Nov 5 - Tinder has changed its algorithm, to boost matches. The details will be revealed in the next few days. Tinder CEO, Sean Rad, said that the new algorithm will increase the number of matches by ~30%. According to a recent Tinder survey, 80% of users are there to find a long-term relationship. Rad said that the service was making money, with most of it coming from Tinder Plus.

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


Courtland Brooks - We help Internet dating companies grow. Strategy, PR and Business Development services.
Contact mark@courtlandbrooks.com

Woo - New Indian Dating App For Those Who Are Serious

E27 - Nov 5 - India-based Doubleyou has launched Woo, a dating app targetted at 23-35-year-old urban professionals looking for serious relationships. In India, Woo claims to have ~1.7M downloads since its launch in October. The app has received an undisclosed Series A from Matrix Partners and Omidyar Network.

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

Antidate Puts The Women In Charge Of Online Dating

FORBES - Nov 6 - On Antidate dating app, female members get to look at the profiles of men in their neighbourhood who’ve signed up to Antidate. But the men only get a look at women who've said they like the look of them. Mo Saha and Hatty Kingsley-Miller are the apps founders. The pair came up with the idea three or four years ago, they've developed the Antidate app largely without funding. Now, however, courtesy of a funding win that gives the business six months of breathing space, both Saha and Kingsley-Miller are working on Antidate full-time.

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


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

Jess Meet Ken Ditches Its Website, Launches Mobile App

BOSTON BUSINESS JOURNAL - Nov 3 - Online dating startup Jess, Meet Ken has ditched its website in favor of launching a mobile app. The app allows women to create profiles of single men they know but are not romantically interested in, who could be good matches for other women. Women can then ask to be introduced to a man that another woman vouches for. The company is backed by $250K in funding and plans to raise more this year. Jess, Meet Ken intends to launch a premium, paid-feature model down the road.

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

Hinge Dating App Has Begun Expiring Matches After 24 Hours

QZ - Nov 3 - Today, Hinge announced that users will have 24 hours to begin a conversation with a match before they disappear forever. Hinge joins Bumble and JSwipe in putting users on a 24 hour deadline to communicate. Bumble boasts a 60% conversion rate of match-to-communication, and Hinge reports that the share of matches that resulted in conversations increased by 50% when they ran a beta version of the new deadline for a week.

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


Add news@internetdatingconference.com to your address book:

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


January 25-27, 2016 : Miami (Tentative Dates)


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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