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Issue 433 - OPW/iDate Industry News - November 16th, 2015
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Author:  datingindustrynews [ Tue Nov 17, 2015 7:09 pm ]
Post subject:  Issue 433 - OPW/iDate Industry News - November 16th, 2015

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Snap Reports Positive Net Income On Lower Revenue In Q3 2015

MARKETWIRED - Nov 10 - Total revenue decreased 16% YOY to $2.9M. Net income totaled ~$0.5M, the highest net income ever recorded by the company. Snap Interactive operates dating apps - AYI and The Grade. ... -2015.html

Barry Diller Values Online Dating Empire At $3.1B

NYPOST - Nov 9 - IAC will sell a 14% stake in Match Group to the public in an IPO later this year. The 33.3M shares will be priced between $12 and $14. At the midpoint, Match Group will raise $433M. Proceeds will go to repay debt owed to IAC. ... t-31b.html


Dating sites make millions each year from running their casually oriented dating traffic to Fling.
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Who's The Highest Paid Internet Dating Executive?

OPW - Nov 10 - Answer: Greg Blatt, the Chairman of Match Group. His salary was $500k in 2014, down from a cool million a year in 2013, and 2012. His total remuneration with stock awards for 2012, 2013 and 2014 totals $25 million. A contender for the #2 spot is Sam Yagan, the CEO of Match Group. His salary is $500k but his total remuneration for 2012, 2013 and 2014 totals $12.77 million. ... utive.html

Tinder Introduces A New Matching Algorithm

TECH CRUNCH - Nov 12 - Tinder is releasing a new matching algorithm as well as new profile and messaging features. The new algorithm is meant to look at more data points as a user swipes left and right. Tinder CEO and co-founder Sean Rad wouldn't share any details on how the new algorithm works. Tinder is also adding the ability for users to include their work and education information. ... rithm.html


Identify your fraudulent users before they have a chance to commit fraud and ruin your sites' reputation. Use BeehiveID. ... g-industry
_____________________________________________________________________ Is Moving To A New Office

BIZBEATBLOG - Nov 10 - has rented a big block of office space across the street from NorthPark Center mall in Dallas. Match moved to Dallas from San Francisco in 1999. ... ffice.html

Bloomberg Interview With CEO Of Hinge

BLOOMBERG BUSINESS - Nov 10 - Justin McLeod, Hinge's CEO, and Bloomberg Intelligence's Paul Sweeney discuss Match's IPO filing and the recent trends in online dating. ... hinge.html


Courtland Brooks - We help Internet dating companies grow. Strategy, PR and Business Development services.

USA Today Interview With Tinder's CEO

USA TODAY - Nov 9 - USA Today sat down with Tinder CEO Sean Rad for an extended interview about Tinder. Dating app Tinder has seen ~10B matches. ... s-ceo.html

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. ... -chat.html


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