IBTIMES – Sep 15 – Concealed Carry Match allows its users to meet other members who have similar views on Second Amendment rights. "Our belief is if people are open and honest about gun ownership in the first place their intentions are good," said the site's COO Molly Lund.
Month: September 2016
$1.1B: That’s How Much Grindr’s Chinese Owner Is Paying To Divorce His Wife
TIME – Sep 14 – Zhou Yahui, who purchased a controlling share in the gay-dating app Grindr early this year, was ordered by a Beijing court to hand over 705.4M shares of his online gaming company, Beijing Kunlun Tech, to his wife Li Qiong in a divorce settlement. The shares are worth about $1.1B based on the stock's closing price of $3.90 per share on the day of the ruling, making it one of the most expensive divorce settlements China has ever seen.
The Company Behind Mixi Is Launching Video Dating App “Veat”
Tinder Celebrates 4th Birthday
COMPLEX – Sep 12 – Dating app Tinder has been downloaded 100M times. Each day, Tinder sees 1.4B swipes and 25M matches, boasting ~11B matches to date. Like Mark Zuckerberg did with Facebook, founders Sean Rad, Jonathan Badeen, Justin Mateen, Joe Munoz, Whitney Wolfe, Dinesh Moorjani, and Chris Gylczynski first introduced Tinder to college campuses on Sep 12th in 2012.
by Rae Witte
See full article at Complex
Ulysses Management Lowers Stake In Match Group By 15%
by Elaine Green
The full article was originally published at Founders Daily, but is no longer available.
This post also appears on InternetDatingInvestments.
Mark Brooks To Speak At iDate In London, Sep 26-28
WEBWIRE – Sep 12 – Mark Brooks, publisher of Online Personals Watch and CEO of Courtland Brooks, will discuss the most popular European dating apps and sites, the market size, business models and top news during the iDate Internet dating conference that is taking place in London, Sep 26-28. There are 3 days left to register online with a discount.
Indonesian Police Wants To Ban Gay Dating App
Match Group International Is The Company’s Fastest Growing Segment
THE MOTLEY FOOL – Sep 10 – Match Group's international revenue has been outgrowing its domestic segment. In Q2, international revenue grew 40% compared to just a 16% on the domestic side. Paid member contributions were also up 46% internationally, versus 23% in North America. Nearly two thirds of the company's Dating revenue still comes from North America, but that appears to be changing as the international market is larger and growing faster. The company's primary international push has been in Europe, but markets in Latin America and Asia also present promising growth opportunities.
In India, Dating Apps Are Helping The LGBTQ Community Find Love
HINDUSTAN TIMES – Sep 8 – Online matchmaking in India has come a long way since shaadi.com launched in 1996. Tinder, launched in India in 2014, followed by Indian dating apps TrulyMadly (2015) and ekCoffee (2016). The earliest queer dating platform, PlanetRomeo, launched worldwide in 2002. It claims 3M users globally and India comprises 7% of that. Grindr, with 10M users worldwide, recorded a gradual increase from 11k to 69k monthly users between 2011 and 2015 from India. The figures convinced Scruff, an American dating app for men, to enter India in July this year.
by Poorva Joshi
See full article at Hindustan Times
Signifyd – Never Pay A Chargeback Again
Mark Brooks: TechCrunch just ran a story on a very promising startup that might be able to help you lower your dating site chargebacks.
