MARKETWIRE – May 16 – Social application provider SNAP Interactive has posted first quarter 2011 financial results. The company runs AreYouInterested.com and has over 41 million installs across that brand. Revenue has increased 303% to $3.7 million from $927k, net lost increased to $920k from $803K. Cash increased 238% to $10.2 M from $3M.
See full article at Marketwire
See all posts on SNAP Interactive
See all posts on AreYouInterested
OPW – May 17 – DateUnknown.com, a site which films the first dates of people who meet on the internet, has partnered with Gay.com. Date Unknown will feature Gay.com members who have met through the site in video episodes. Date Unknown offers dating sites a cost effective way to show successful matches.
TECH CIRCLE – May 16 – Group dating site Ignighter is developing a mobile application in India, adding a revenue stream. Currently, Ignighter monetizes through annual subscription fees and virtual goods. India has 811 million internet users, though only 11.87 million are broadband subscribers. Ignighter currently has 2 million registered users in the country.
by Preethi J
See full article at Tech Circle
(Full disclosure: Ignighter is a former client of Courtland Brooks)
AFAQS! – May 17 – Matrimonial website BharatMatrimony has launched a new wedding gifts portal MatrimonyGifts.com. The site, which went live on May 11, allows customers to buy wedding gifts online. The site is part of BharatMatrimony's efforts to deliver value added non-matchmaking services to its comtomers.
OPW – May 17 – Do you know what the ratio of guys and girls is on US Dating sites. Hitwise Competitive Intelligence tells us that for the 4 weeks ending May 7, 2011, the ratio was 56.6% male and 43.4% female. Does this surprise you? Your comments please. Thanks to Hitwise for letting us know.
This post also appears on FrequentFlirters.
TECH CRUNCH – May 16 – French company, Buump has begun selling colorful bracelets with the 5 different Facebook relationship statuses as well as the 5 “looking for” options. The packs of 5 are €5.99 each or €10.99 for all 10. Bracelets may be purchased in bulk and customized for orders of 1,000 or more. They are currently available in English only.
TECH CRUNCH – May 15 – A group of Nigerian scam artists known as the Yahoo boys, run complex schemes to defraud people of their money. Their latest scam involves online dating and the targeting of lonely men. One of the Yahoo boys is particularly adapt at running these schemes, carrying up to seven relationships at a time while pretending to be a woman. The scam artists use carefully constructed porn clips or hire actresses to portray the fictional girls to seduce the victims out of money.
by Sarah Lacy
See full article at Tech Crunch
PLENTY OF FISH BLOG – May16 -Online dating site PlentyofFish has sustained nonstop growth for 8 years and surpassed 6 million logins per day.
by Markus Frind
The full article was originally published at POF blog, but is no longer available.
(Full disclosure: POF is a former client of Courtland Brooks)
SAN FRANCISCO CHRONICLE – May 15 – Proposed California bill SB242 would place tight restrictions with heavy violation penalties on social networking sites. Under the proposal, SB242, social-networking sites would have to allow users to establish their privacy settings at registration instead of after they join and set information to private by default, among other restrictions. The bill is facing heavy opposition from online companies.
by Wyatt Buchanan
See full article at San Francisco Chronicle
WASHINGTON POST – May 14 – Relationship coach Paul Carrick Brunson uses Twitter to arrange dates for his followers through his Modern Day Matchmaker Wednesday service. Brunson currently has 17, 286 followers, arranging a date with one lucky follower each Wednesday. Brunson believes the internet brings a strong competitive advantage to a matchmaker.