REUTERS — June 12 – Online dating network Zoosk has raised $6m in a third round. The company raised $4m in a second round last June.
The full article was originally published at Reuters, but is no longer available.
REUTERS — June 12 – Online dating network Zoosk has raised $6m in a third round. The company raised $4m in a second round last June.
The full article was originally published at Reuters, but is no longer available.
Mark Brooks: The iPhone is a game changer. Use rs of iPhones monetize FAR better, and access information on the internet and (dating) apps more than on any other phone. Overall the idating market is doing well despite the down economy, but the highest growth numbers, in terms of uniques, are being found at the fr ee end of the idating spectrum. Case in point see the Compete graphs for, Plentyoffish, OKCupid, DateHookup. Interestingly, a number of the free sites that I reported on, in this TechCrunch article, are flagging. Namely MatchDoctor, Mingle2, and Webdate. IAC's free dating site DownToEarth peaked in March and is headed decidedely South, according to Compete.com. (Full Disclosure: Plentyoffish and Webdate are long term clients of Courtland Brooks)
THE NATIONAL — June 11 — Internet users in the UAE reported the fifth highest rate of website censorship out of nearly 200 countries, according to a new project mapping global online restrictions at home and in the workplace. The statistics showed that 382 different web pages were flagged as “inaccessible” by UAE users. The websites that were found by UAE users to have been filtered ranged from pornography and dating websites to religious pages. As of yesterday, users in China recorded the most blocked websites with 802, followed by the US with 546, Saudi Arabia with 465 and Germany with 423 reports.The full article was originally published at The National, but is no longer available.
Mark Brooks: I was interested in spending some time in Dubai, but two things made it a showstopper for me. No VOIP, and many dating sites are blocked. So I can’t use my telephone, and I can’t see my clients sites. Ah well. So much for the Dubai utopia.
TECH CRUNCH — June 11 – In 2008 the total European online advertising market, or at least the 19 markets analyzed by IAB Europe and PwC, was worth €12.9 billion (approx. $18 billion) with a like-for-like growth rate compared to 2007 of 20%. For comparison, online advertising grew 10.6% in the US in 2008 and was worth €16.6 billion ($23.4 billion). 2009 is set to be a difficult year for online advertising. In the U.S., IAB reported that online advertising declined 5% in the first quarter of 2009 to $5.5 billion, compared to the first quarter of 2008. Industry revenues were down an even steeper 9.8% sequentially from the fourth quarter’s $6.1 billion. FULL ARTICLE @ TECH CRUNCH
This post also appears on SocialNetworkingWatch.
WALL STREET JOURNAL — June 10 — Spark Networks is losing subscribers even as Internet dating as a whole is growing. Spark said it's trying to rebalance its portfolio to be less reliant on JDate. However, its segment weighting seems to be shifting more because of the relative speed of subscriber losses. Stock is down about 9% year-to-date and ~47% over the last 52 weeks, reflecting the prolonged poor performance, and has a market capitalization of $47.1 million. "I live in hope for them," said Mark Brooks, editor of the blog OnlinePersonalsWatch.com and an industry consultant. "But quite consistently, they've shown not particularly enthralling results." Spark's Q1 revenue dropped 20%. Meanwhile, revenue at Match slid just 1%. Ad-supported free sites like PlentyOfFish.com, which saw unique visitors nearly double to ~2.9 million in April from a year earlier, are a threat. Spark is focusing ad spending on a handful of its niche sites to bring them to scale and has all but given up on AmericanSingles.com.
See all posts on SparkNetworks See all posts on Match.com
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See all posts on AmericanSingles
NEWSWIRE — June 10 — eligon.ca is a new online dating community completely targeted to busy professionals. Applicants must supply a resume, sign a legal agreement stating information is true and consent to ID verification and an ID report from credit agency.
The full article was originally published at Newswire, but is no longer available.
Mark Brooks: The company is based in Toronto and the matchmaking formula was concocted by psychotherapist Beth Mares.
GUARDIAN.CO.UK — June 10 — According to eharmony.co.uk, 30% of men over 65 and a whopping 60% of women don't live as part of a couple. Match.com claims the baby boomer generation is its fastest-growing market. Many niche websites have popped up, specifically targeting an older demographic. The Senior Dating Agency and Senior Dating Group are both free to join and are targeted at over-50s. Singlesover60.co.uk and Online Senior Dates focus on a slightly higher age bracket, with the majority of its members over 60. FULL ARTICLE @ GUARDIAN.CO.UK
PR WEB — June 10 – meetMoi, a leader in location based mobile dating, announced a strategic alliance with ClearSky Mobile Media, a provider of content and managed services to wireless carriers. The relationship will add meetMoi to ClearSky's product suite. FULL ARTICLE @ PR WEB
REUTERS — June 9 – Sean McGinn, of Brooklyn sued Match.com for misleading members by posting profiles of prospective dates who are unable to respond to any interest in them because they do not have a paid subscription. McGinn accused Match.com of causing "humiliation and disappointment" for some members who feel rejected when their attempt to contact a prospective date gets no reply. Match.com is still reviewing the complaint, but said "we believe this lawsuit is without merit and we will defend it vigorously." FULL ARTICLE @ REUTERS. Also read in DALLAS BUSINESS JOURNAL (June 10th), CONSUMER AFFAIRS (June 10th), NY DAILY NEWS, BROOKLYN EAGLE (June 10th), NY MAGAZINE (June 10th), ATTORNEY AT LAW (June 10th), UPI (June 10th), MY STATELINE (June 9th), DFW (June 11th), LAWYERS AND SETTLEMENTS (June 17th), OPPOSING VIEWS (June 17th), KSTP (June 19th)
Mark Brooks: This is a super-important case. We'll watch it closely.