GLOBAL PERSONALS – May 17 – UK Global Personals has been placed No.16 in the Media Momentum Top 50, a list recognising the most innovative and fastest growing companies in the European Digital Media Economy, organised by investment bank GP Bullhound.
Month: May 2012
Text2Pay To discuss Mobile Payments At iDate
WEBWIRE – May 16 – Text2Pay will discuss mobile payments at the 9th Annual Mobile Dating Conference. The event takes place on June 20-22, 2012 at the SLS Hotel in Beverly Hills, CA. Michael Reiken, Director of Global Marketing & Acquisitions at Text2Pay, will present at iDate on the importance of third-party billing, freemium models and alternative payments for mobile dating sites.
Online Dating Is A Booming Trend In China
UNCOMMON WISDOM – May 15 – Each year, millions of Chinese are moving from poorer, rural interior to the large, eastern cities in China in search of jobs. Beijing and Shanghai are filled with people who have moved away from their families and friends. That is why millions of Chinese are turning to online dating. Men 30+ without a wife and without children are called “bare branches” and the social stigma against these unmarried men is strong. Back in 1980, the Chinese government launched its one-child policy. This policy has prevented 400M births, but it has also created a large gender imbalance. There are 122 baby boys born each year for every 100 girls. China currently has 180M bachelors, and 50% of them are estimated to be looking for love online. The online dating market in China is projected by iResearch to grow from US$75M to US$292 M by 2015. That is a 31% compound annual growth rate.
by Tony Sagami
See full article at Uncommon Wisdom
SNAP Interactive Reports Q1 2012 Results
PR NEWSWIRE – May 15 – Snap revenue increased 54% YOY to $5.7M. Net loss for the quarter increased to $1.7M compared to a net loss of $0.9M in Q1 2011. The AreYouInterested.com iPhone application was downloaded ~750K times from the iPhone App Store. Snap saw increased mobile engagement to 15% of all unique logins during Mar '12 from 13% in Dec '11.
The full article was originally published at DailyMarkets, but is no longer available.
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FriendFinder Networks First Quarter 2012 Results
MARKETWATCH – May 15 – Q1 2012 revenue was $81.1M. Net loss was $13.4M. Live interactive revenues increased 14.1% YOY. New adult subscriptions increased 2.5% YOY and 12.6% from prior quarter. Adult Member to Subscriber conversion rates increased 8.7% YOY and 14.8% from prior quarter.
The full article was originally published at MarketWatch, but is no longer available.
There Is A Niche For Everyone
MIRROR.CO.UK – May 15 – Because in a world where everyone's too busy, those on the lookout for online love are far more choosy. They know exactly what they want. Farmers are waiting for dates on Muddymatches.co.uk. And if they're after a geek, a goth, a golfer, a veggie or a vampire, there is a niche dating site out there.
- Redhead-world.net links redheads from all over the world.
- Lovestruck.com – singles can choose dates based on a postcode or tube station.
- SavageHearts.co.uk – an alternative dating site
- Artloverdating.co.uk
- fiftyalready.com
- uniformdating.com – to meet firefighters, soldiers, police officers
- dateactive.co.uk where first date can be a ten-mile run together
- tigerdoomgolf.co.uk – matches golfy types
- Paganpartners.co.uk – for druids, shamans or wiccans
- veggieromance.com
Aussies Looking For Long Term Love This Winter
NINETOFIVE – May 15 – According to RSVP.com.au’s Date of the Nation Report 2012, 64% of adult singles are looking for long-term relationships. Online dating is furthering its popularity with over half of Aussie women (52%) and less than half of men (45%) trying it out. However, Australians are not a mob of depressed singles, with 62% of adults content with their singledom. Generation Y is the most likely group to enjoy being single (72%), followed by Baby Boomers and older (68%), and then Generation X (59%).
by Matt Young
See full article at NineToFive
OMMA Mobile Conference Takeaways
MARK BROOKS – May 14 – I checked out OMMA Mobile today, which is part of New York City Internet Week. Here's the top takeaways.
- Get with the program! Within 2 years 50% of all internet consumption will come from mobile devices.
- Buy now, and establish your ad partners, while costs are reasonable. Less than 1% of online ad spends are on mobile.
- Put mobile at the core of your marketing efforts and don't silo your mobile ad budget.
For more takeaways see the Courtland Brooks blog.
Parship CEO Peter F. Schmid Stepping Down
GRÜNDERSZENE – May 13 – After two and a half years Schmidt decided to step down (reportedly for personal reasons) and hand the reigns of leadership over to the current Parship CFO Henning Rönneberg. Peter F. Schmid will leave at the end of May. Henning Rönneberg (43) has served as Parship CFO since 2008.
by Magdalena Räth
See full article at Gründerszene (in German)
Match.com Takes Dating Offline
DAILY MAIL – May 14 – Match.com is to run a series of 3K real-life events across 40 countries. Match.com will use its computer algorithms to select 'matching' couples – so invitees will match by age and interests. Among the other events which are part of the new offline meetings called The Stir – are tequila tastings, dance lessons and rock climbing.