SMOOCH – June 12 – A new survey from Smooch.com, UK’s free online dating site, found out that 62% of men would choose football over sex but only 10% would choose football over winning the lottery.
Month: July 2014
Osmium Nails Spark Networks, 4 New Directors
PR NEWSWIRE – July 3 – Shareholders of Spark Networks have elected all four of Osmium's nominees to the Spark board of directors. Each of the Osmium nominees received ~88% of the votes cast at the meeting. The current size of the Spark Networks board is six members.
The full article was originally published at Yahoo Finance, but is no longer available.
Hinge Raised $4.5M
TECH CRUNCH – July 2 – VCs Founders Fund and Lowercase Capital invested $4.5M in online dating app, Hinge. Hinge delivers a daily set of tailored matches based on users' profession, education and interests. Hinge’s iOS and Android userbase grew 300% this year in the nine cities it operates in: DC, Philadelphia, NYC, Boston, San Fransicso, Chicago, Atlanta, Dallas, and L.A. The new round brings it to $8.6M in total funding. The money will go to focusing on new product features.
by Josh Constine
See full article at Tech Crunch
This post also appears on InternetDatingInvestments.
FindLoveAsia Is For Sale For $39K
OPW – July 3 - FindLoveAsia.com is for sale. The site has been active since 2008. Here's their numbers:- 250K visitors a month
- 136K members
- revenue of $3880 a month
The asking price is $39k. Contact Chris if you´re interested.
Is It Time To Quit? How To Know For Sure
ENTREPRENEUR – July 2 – Lori Cheek was covering the costs of her dating service Cheek’d by digging into her 15 years of savings. She is out of money to continue building her dream, business card-like dating service where singles hand out cards with flirtatious messages to strangers for $20 – $25 a set. Certain individuals find it difficult to let go when a startup goes south. How do you spot the warning signs that it might be best to call it quits? Finding yourself focused more on keeping a business alive than ensuring a safe place to live is one clue. And looking at how healthy your current relationships are can act as a barometer. Cheek said her business helped her find a fiancée but that relationship ended, in large part due to her passion for the business. “I’m thinking I’m onto something,” says Cheek, whose venture is now four years old. “There’s nothing that’s going to make me stop.”
Nominations Open For iDate Awards
OPW – July 2 – The nominations are being accepted for the next Online Dating and Matchmaking Industry Awards. The iDate Awards highlights the most innovative people companies. You can nominate at iDateAwards.com until October 31 in the following categories:
- Best Dating Site
- Best Matchmaker
- Best Dating Software & SAAS Provider
- Best Mobile Dating App
- Best Product Design
- Best Dating Coach
- Most Innovative Company
- Best New Technology
- Best Payment System
- Best Affiliate Program
- Best Marketing Campaign
- Best Niche Dating Site
- Best Up and Coming Dating Site
How to nominate:
Tinder Sued For Sexual Harassment
USA TODAY – June 30 - Tinder is being sued for sexual harassment and discrimination by Whitney Wolfe, former marketing VP. In the suit, she alleges Tinder co-founder Justin Mateen stripped Wolfe of her co-founder title, telling her that having a "24‐year-old girl" as a co-founder made the company "seem like a joke." Wolfe also alleges Mateen called her a "whore" in front of CEO Sean Rad.
Ashley Madison To Launch In Czech Republic
PRAGUE POST – June 30 - Ashley Madison will launch in the Czech and Slovak Republics this July. In 2013 Ashley Madison entered the Asian market by launching in Japan, Hong Kong and Taiwan. Then in 2014 the site launched in Macau, South Korea, Israel and Poland.
The full article was originally published at Prague Post, but is no longer available.
iHookup Social Records 75K New Downloads In June
MARKETWIRED – July 1 – iHookup Social, a "proximity based" mobile social app, has now surpassed ~257K registered users. The growth is fueled by their national TV campaign.
Jiayuan.com Announces 110M Registered Users
STREET INSIDER – June 30 - Jiayuan.com has now 110M registered accounts. According to comScore, Jiayuan remains by far China's leader in online dating, accounting for 58.4% of the total time spent on online dating in March 2014.