WEBWIRE – Oct 1 – Mark Brooks, publisher of Online Personals Watch and CEO of Courtland Brooks, will provide a presentation about the state and size of the European online dating market during the Internet dating conference (iDate), taking place on October 14-16, 2015 at the Strand Palace Hotel in London. You can register here.
Month: October 2015
Are Black Dating Apps Necessary?
FUSION – Oct 1 – Bae, a dating app which stands for Before Anyone Else, is aimed at black singles. Bae is not the only one but with ~100,000 downloads since April, it may be the biggest. A competitor, Meld, intended for more serious-minded black professionals, doesn’t disclose its user base, but says it has matched 3K couples since its debut last year. There’s also Soul Swipe and The League. According to an experiment by Anne Helen Petersen at Buzzfeed last year, the "more" black a user registers as, the less likely he or she will get a right swipe. Education and wealth help, but users of color still appear to be at a disadvantage.
by Collier Meyerson
See full article at Fusion
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The Business Of Dating Apps Is Disrupting Indian Culture
QUARTZ – Oct 1 - Tinder launched in 2013 in USA. Two years on, India is Tinder's top market in Asia. There are ~7.5M swipes in India each day, according to Tinder's spokesperson. Tinder users in India also send the most messages per match globally. The success of Tinder has encouraged several Indian entrepreneurs to launch dating app such as Woo or TrulyMadly. But the new dating apps are focusing more on women's safety and long term relationships. In March 2015, TrulyMadly raised $5.7M (Rs35 crore). This year has already seen several other dating apps raise funds. In July, iCrushiFlush had raised an undisclosed amount. In November 2014, another dating app Vee raised $1M.
by Shelly Walia & Itika Sharma Punit
The full article was originally published at SBS, but is no longer available.
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Dating App Happn Raised $14 Million, Wants To Enter Asia
TECH CRUNCH – Oct 1 – French dating app Happn just raised a $14M Series B round. Previously, the company had raised an $8M Series A round. Happn now has 6M users in 25 cities around the world. The next step is Asian expansion.
by Romain Dillet
See full article at Tech Crunch
This post also appears on InternetDatingInvestments.