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Month: May 2016

Free Dating In Decline

Posted on May 25, 2016

OPW – May 25 – All three of the big old-school free dating sites were acquired by Match, and all three are in decline according to Google Trends. What do you think? Please comment.

Screen Shot 2016-05-25 at 10.05.54 AM
Post by Mark Brooks @ Courtland Brooks.

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Tinder Sues Threesome App Rival 3nder

Posted on May 23, 2016

Lawsuit newTHE GUARDIAN – May 23 – 3nder fights back by asking users to tweet pictures of their socks with #TinderSuckMySocks. Tinder is alleging copyright infringement against 3nder, an app for non-monogamous couples and their potential partners. Founder Dimo Trifonov vowed to fight Tinder but said the financial muscle Match Group might be too much for it. 3nder grew 30% in 2015, sending its revenues soaring by ~980%.

by Rob Davies
See full article at The Guardian

See all posts on Tinder
See all posts on 3nder

Summarized by the Courtland Brooks team

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New Jewish Dating Site To Match Gays With Lesbians

Posted on May 23, 2016

Jewish weddingYNETNEWS – May 21 – A new Israeli site is meant for gay and lesbian religious Jews who want to have a 'traditional' Jewish household with somebody of the opposite sex. Thus far, ~50 users have signed up.

by Kobi Nachshoni
See full article at YNetNews

Summarized by the Courtland Brooks team

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Tinder Is Used To Buy And Sell Drugs

Posted on May 23, 2016

Tinder logoNEWSTALKZB – May 22 – Tinder is in the headlines again with reports that it's being used as a forum to buy and sell drugs.

See full article at NewsTalkZB

See all posts on Tinder

Summarized by the Courtland Brooks team

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Despite Debt & No Revenue, Philippine Dating App Scores $500K

Posted on May 23, 2016

Peekawoo screenshot bigFORBES – May 21 – Valenice Balace of Manila started an online dating service, Peekawoo, with $640 of her own money. People get to know each other through games and questions. The service has 200K users, 40% active, but has never made money. She has no monetization scheme. In June 2013 at an e-commerce conference, she met a venture capitalist who invested 30K in her business. 6 months later he poured in another $105K. Peekawoo later hit a wall of debt steep enough to make Balace feel depressed and consider shutting the service down. But another venture capital investor from San Francisco suddenly e-mailed this year and offered money without even a pitch. That sum was $500K to be spent over four years.

by Ralph Jennings
See full article at Forbes

See all posts on Peekawoo

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

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Grindr Promises Privacy, But Still Leaks Users’ Exact Location

Posted on May 23, 2016

WIRED – May 20 – Computer researchers in Kyoto, Japan discovered a stalking method which is cheap, reliable, and works not only with Grindr but other gay dating apps like Hornet and Jack'd. It's known as trilateration. If Grindr or a similar app tells you how far away someone is—even if it doesn't tell you in which direction—you can determine their exact location by combining the distance measurement from three points surrounding them. In the US that's not a problem but in Islamic countries or in Russia, it can be very serious that their information is leaked like that. 

Grindr location screenshot
In late 2014, Grindr responded to security researchers who pointed out that risk by offering an option to turn off the app's distance-measuring feature, and disabling it by default in countries known to have "a history of violence against the gay community". The lingering issue, however, remains: All three apps still show photos of nearby users in order of proximity.

by Andy Greenberg
See full article at Wired

See all posts on Grindr

Summarized by the Courtland Brooks team

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Dating App Once Raises EUR 5M

Posted on May 23, 2016

Once dating appIT ESPRESSO – May 23 – Once, a dating app that offers only one match per day, specially selected by a team of matchmakers, has raised EUR 5M in its latest round of funding from LG Capital and Partech Ventures. Once will use the funds to strengthen the product.

See full article at It Espresso

See all posts on Once

This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

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Grindr Wants Brands To Take It Seriously

Posted on May 23, 2016

Grindr headerDIGIDAY.COM – May 20 – Grindr, the gay hook-up app, thinks brands should be taking dating apps more seriously. Grindr's 2M daily users spend 54 minutes on the app. Facebook retains users for ~50 minutes a day. Grindr, Tinder and Happn have a huge potential for contextual and native advertising to deliver results, particularly with the availability of first-party data. Grindr already hosts mobile banner ads sold by CPM alongside notification-style broadcasts that can be pushed to local and national audiences using the app's geo-location data.

by Grace Caffyn
See full article at Digiday.com

See all posts on Grindr

Summarized by the Courtland Brooks team

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Can Dating Apps Co-exists With Matrimonial Sites?

Posted on May 23, 2016

Dating-matrimonialBESTMEDIA INFO – May 19 – After TrulyMadly and Woo launching in 2014, Tinder came up with a storm in January 2016 and destabilised the market to some extent. Tinder saw 97% growth in active user base in the last few months and 400% increase in app downloads since its launch in India. TrulyMadly gets new users every day and they spend ~45 minutes daily on the app. Woo too has ~2.5 M users. Sachin Bhatia, CEO of TrulyMadly, said, "We are looking at a major disruption in matrimonial websites." Co-founder and CEO, Woo, believes in co-existence. "Dating apps are going to co-exist for the next 15-20 years. Eventually, the younger audience will stop using these websites. I don't think the country is in a situation that anything is going to get replaced soon." But Aditya Save, CMO of Shaadi.com, said, "I don't see dating apps as a competition."

by Akansha Mihir Mota
See full article at BestMedia Info

See all posts on Shaadi       See all posts on Truly Madly
See all posts on Woo           See all posts on Tinder

Summarized by the Courtland Brooks team

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Meetic Integrates Gemalto’s Netsize Direct Mobile Operator Billing

Posted on May 21, 2016

Meetic logo newGLOBE NEWSWIRE – May 18 – Gemalto, the world leader in digital security, is supplying Meetic Group, with its Netsize direct operator billing solution. Mobile subscribers of Numericable-SFR, French cable and telecoms provider are now able to pay for subscriptions via their regular phone bill.

See full article at Globe Newswire

See all posts on Meetic

Summarized by the Courtland Brooks team

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