PR NEWSWIRE — Feb 19 – IAC and Meetic have entered into an agreement for Meetic to acquire Match.com's European operations from IAC. IAC will sell 100% of the stock of the entity that houses Match.com's European operations for an approximate 27% stake in Meetic, plus a 5m euro note. FULL ARTICLE @ IAC MEDIA ROOM
Meetic And Match.com Announce European Partnership
PR NEWSWIRE — Feb 19 – IAC and Meetic have entered into an agreement for Meetic to acquire Match.com's European operations from IAC. IAC will sell 100% of the stock of the entity that houses Match.com's European operations for an approximate 27% stake in Meetic, plus a 5m euro note. FULL ARTICLE @ IAC MEDIA ROOM
“Match Europe contributes approximately 13% of Match’s consolidated Operating Income Before Amortization. IAC expects annual run rate synergies to be at least 15 million Euros, though it will take a significant transition period before Meetic is able to fully realize them.”
Means Match had lost the battle in Europe.
“Dallas-based Match.com currently operates in 40 countries, and after the sale of the European operations to Meetic, Match.com will continue to operate all domestic and remaining international operations, spanning 24 countries, 8 languages and five continents. These operations include Argentina, Australia, Brazil, Canada, Chile, China, Colombia, India, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Peru, Philippines, Singapore, South Africa, Taiwan, Thailand, the United States, Venezuela and Vietnam. ”
Means Match does not exist outside USA and Canada.
I think this CEO of Match.com has made the greatest mistake in his career.
Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
ardenghifer@gmail.com
“Match Europe contributes approximately 13% of Match’s consolidated Operating Income Before Amortization. IAC expects annual run rate synergies to be at least 15 million Euros, though it will take a significant transition period before Meetic is able to fully realize them.”
Means Match had lost the battle in Europe.
“Dallas-based Match.com currently operates in 40 countries, and after the sale of the European operations to Meetic, Match.com will continue to operate all domestic and remaining international operations, spanning 24 countries, 8 languages and five continents. These operations include Argentina, Australia, Brazil, Canada, Chile, China, Colombia, India, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Pakistan, Peru, Philippines, Singapore, South Africa, Taiwan, Thailand, the United States, Venezuela and Vietnam. ”
Means Match does not exist outside USA and Canada.
I think this CEO of Match.com has made the greatest mistake in his career.
Regards,
Fernando Ardenghi.
Buenos Aires.
Argentina.
ardenghifer@gmail.com
Well that’s cleared up the European online dating scene – think we’ll be filling the gap that will be left by this development 🙂
Strangely I always saw it happening the other way, that Match would take over DatingDirect in the UK and leave Meetic to have the other European countries.
I have huge respect for the Match UK team who have driven the business so well – at the same time we’ve seen DatingDirect melt away after losing a lot of momentum.
It would be crazy if the guys from DatingDirect took over the running of Match in the UK.
Seems to be very strange logic.
Well that’s cleared up the European online dating scene – think we’ll be filling the gap that will be left by this development 🙂
Strangely I always saw it happening the other way, that Match would take over DatingDirect in the UK and leave Meetic to have the other European countries.
I have huge respect for the Match UK team who have driven the business so well – at the same time we’ve seen DatingDirect melt away after losing a lot of momentum.
It would be crazy if the guys from DatingDirect took over the running of Match in the UK.
Seems to be very strange logic.
Meetic will become #1 worldwide in 09 (turnover)
Meetic will become #1 worldwide in 09 (turnover)
Well that’s cleared up the European online dating scene – think we’ll be filling the gap that will be left by this development 🙂
Strangely I always saw it happening the other way, that Match would take over DatingDirect in the UK and leave Meetic to have the other European countries.
I have huge respect for the Match UK team who have driven the business so well – at the same time we’ve seen DatingDirect melt away after losing a lot of momentum.
It would be crazy if the guys from DatingDirect film izle took over the running of Match in the UK.
Seems to be very strange logic.
Well that’s cleared up the European online dating scene – think we’ll be filling the gap that will be left by this development 🙂
Strangely I always saw it happening the other way, that Match would take over DatingDirect in the UK and leave Meetic to have the other European countries.
I have huge respect for the Match UK team who have driven the business so well – at the same time we’ve seen DatingDirect melt away after losing a lot of momentum.
It would be crazy if the guys from DatingDirect film izle took over the running of Match in the UK.
Seems to be very strange logic.