INDEPENDENT – July 15 – Cupid sold its BeNaughty.com, Flirt.com and other casual dating sites to Grendall Investment for £43.1M (€50M). The company would retain Cupid.com, LoveAgain.com and UniformDating.com. It also signed a software licensing agreement with Grendall that would generate £2M of revenue over four years. Grendall Investment is managed by Max Polyakov, co-founder of Cupid, who also holds a 15% stake in the company.
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BeNaughty has gone home to its creator. Cupid is the best domain in the dating industry. It will be a more palatable investment now its free of its adult brethren. Still, PG dating sites don’t monetize nearly as well as adult dating sites. I see the markets have greeted the news favorably and upticked the stock from 72 to 78 pounds.
BeNaughty has gone home to its creator. Cupid is the best domain in the dating industry. It will be a more palatable investment now its free of its adult brethren. Still, PG dating sites don’t monetize nearly as well as adult dating sites. I see the markets have greeted the news favorably and upticked the stock from 72 to 78 pounds.
How many members do these sites have?
How many members do these sites have?
What are they going to do with all that money. If they have any sense they’ll buy up any quality dating operation going!
What are they going to do with all that money. If they have any sense they’ll buy up any quality dating operation going!