MARKETWIRED – June 27 – Happy Couple is a new relationship app that helps those who have recently started dating, as well as others already in committed relationships, expand their knowledge of each other. Happy Couple uses daily quizzes, tips and challenges that are written by co-founder and best-selling author and relationship expert, Dr. Lonnie Barbach.
Month: June 2016
Lovoo CEO Benjamin Bak Resigns
GRUENDERSZENE – June 27 – Lovoo CEO and co-founder, Benjamin Bak, decided to resign after the police raided Lovoo's Dresden office earlier this month. Benjamin Bak and his co-CEO, Alexander Friede, were both arrested and later released from custody on bail. They are being investigated over claims that they were creating fake female profiles to entice men into signing up.
MeetMe To Acquire Skout
BUSINESSWIRE – June 26 – MeetMe, a public social discovery service, is acquiring Skout for $28.5M in cash and ~5.37M common shares of MeetMe. Skout is a mobile app for meeting new people with 2015 revenue of $23.8M and 3.5M monthly active users. Skout is adding 42K new users each day on average. Key highlights of the expected scale of the new combined company include: Mobile MAU of 8.5M, an increase of 69% from MeetMe's 5M in May 2016; mobile daily active users of 2.1M, an increase of 73% from MeetMe's 1.24M in May 2016. Geoff Cook, CEO of MeetMe, said, "We believe this combination provides a pathway to $100M in revenue in 2018 with adjusted EBITDA margins approaching 45%."
See full article at BusinessWire
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This post also appears on InternetDatingInvestments.
Btrfly – A Dating App For Hooking Up At The Airport
INDEPENDENT.CO.UK – June 23 – Btrfly is a new dating app that lets users know where other users are flying to and when. Users select their flight details to sign-in, and are then able to contact others through in-app messaging, getting info like what city they're headed to and what time their flight leaves. Btrfly currently covers 380 airports and is available for iOS and Android.
Widernet (ChristianConnection.com) Acquires Web Development Company Pigment
NECONNECTED.CO.UK – June 24 – London-based Widernet Communications has acquired web development company Pigment Ltd. Widernet (est. 1999) runs niche online dating sites such as ChristianConnection.com and a matchmaking site for graduates, Ivorytowers.net.
by Vicky Randall
See full article at NeConnected.co.uk
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This post also appears on InternetDatingInvestments.
Dating App Happn’s Answer On Safety Concerns
HERALDSUN.COM.AU – June 25 – Dating site Happn has 290K users in Australia and 19M globally. The app keeps track of a person's movements to within a 250m radius of each other so there are serious concerns the app could be a stalker's paradise. Happn's head of trends, Marie Cosnard said the "privacy and security" of users was critical when the app was created. "It never shows anyone's exact location," she said. "Happn doesn't record the exact journeys of users either, we just register the crossing points."
Celebrities On Tinder Is Probably An Advertisement
DIGITAL TRENDS – June 25 – In various Tinder ads, users have found that they matched with "verified" celebrities, only to learn that their right swipe led to a prompt to see a film or other project, but not the possibility of a date. Last year, the dating app rolled out verified profiles for "notable public figures, celebrities, and athletes," but it won't say how many (if any) of these famous folks are actually swiping.
Ashley Madison’s Former CEO Is Trying To Erase His Past
by Kristen V. Brown
See full article at Fusion.net
World Singles Networks Founder To Speak At iDate In Cyprus
WEBWIRE – June 21 – Saïd Amin, founder of World Singles Networks, will speak about how to build a successful niche dating brand. This is the first ever focused event on the premium international dating. The event is taking place in Cyprus on July 21 – 22, 2016.