THE NEXT WEB – May 2 – Meetic posted a net profit of 3.4M euros for the Q1 '12, compared to a net loss of 3.2M euros for the same period last year. In Q1'12, Meetic lost 13% of subscribers, driving revenues for the period down to 41.2M euros compared to 46.2M euros in Q1 '11. Meetic significantly lowered its marketing expenses, from 79% of revenue in Q1 2011 to 58% of revenue in the first quarter of this year.
Month: May 2012
OkCupid CEO Sam Yagan Talks Geo-dating
CANADIAN BUSINESS – May 1 - Last August OkCupid added a new feature to its apps: location. Other dating apps like Skout, Blendr and Grindr also do this, although a little differently.
Q: Why did OkCupid add location-based features to its apps?
Sam Yagan: The ability to search, plan and schedule dates in real-time while you’re out and about is really valuable. There’s a tremendous opportunity for us to enhance our algorithm by actually knowing when people go on dates and how those dates go. It help us do a better job matching you up in the future.
Q: How do you tell from that whether or not people have met?
A: I’m looking a little more forward than what our app currently does. Imagine you can check into your dates. We don’t offer that right now, but going down the path of building location into our product has those implications.
Q: So kind of like checking in with Foursquare?
A: Yeah, but I’m just using that as one example.
Q: If people are checking into places, should we be worried about privacy?
A: It’s all about being smart with this stuff.
Q: Do you expect most of your users will eventually be using location-based features?
A: Yes. And if you think about it, people already are. They’re already searching based on their zip codes.
NY Dating Services Event On May 17th 2012
WEBWIRE – Apr 30 – The NY Dating Services event is a special event in honor of NYC Internet Week. Speakers include CEOs, founders and other executives from Smeet, Nerve.com, 51taonan.com, MeetMoi, SNAP Interactive, OK Cupid, Minidates, HowAboutWe and iDate. The event is scheduled for May 17th, at 6:45pm at WeWork Lounge, SoHo. There is a $20 fee to attend the event and pre-registration is required at http://www.idatestartup.com. The event is hosted by iDate and MiniDates.
LeadsMob To Speak At iDate On June 20-22, 2012 In LA
WEBWIRE – Apr 30 – Joshua Wexelbaum, CEO of LeadsMob.com will cover SMS marketing & mobile competitive intelligence. Mr. Wexelbaum is a super affiliate and marketing expert for both internet and mobile. The conference also coincides with the Social Media Conference, also taking place in Beverly Hills on the same days. LeadsMob.com is a cloud platform for SMS and Email Marketing.