WEBWIRE – Jan 18 – Matchmaking Institute will speak at the iDate Dating Industry Conference taking place at the Miami Beach Botanical Gardens on January 24-26, 2017. The Matchmaking Institute has been certifying matchmakers all over the world for almost 14 years.
Month: January 2017
India Beats US In 2016 Mobile App Market Growth
LIVEMINT – Jan 17 – Indians downloaded ~6B apps in 2016, up from 3.5B in 2015, an App Annie report said. That 71% growth was significantly higher than the overall 15% growth in app downloads around the world. In 2016, China became the largest market in terms of iOS App Store revenue. The total time spent on apps rose significantly, especially in emerging markets. In particular, India and Brazil stood out for their staggering growth in engagement. Globally, the typical smartphone user uses 30 apps every month. Overall, app publisher revenue grew 40% YOY, resulting in $35B across iOS and Google Play app stores. Including in-app advertising, app store revenue and third-party Android stores, publishers made ~$89B in revenue, the report said.
TrumpSingles.com: A Dating Site For Trump Supporters
Canadian University Students Find Sugar Daddies Online
NATIONAL POST – Jan 17 – According to Statistics Canada, the average tuition fees for an undergraduate student in Alberta were $5,730 in 2015. Alexis German, a spokeswoman for Seeking Arrangement, noted the average monthly "allowance" agreed upon by clients is ~$2,700, not including gifts or other boons. German said the dating service, which has 631,678 registered users in Canada (of which 412,528 are female "sugar babies"), has been successful because it allows users to transparently and explicitly outline their expectations in advance, minimizing unexpected assumptions about the relationship in the future. About one-third of those users are post-secondary students, which German said is a reflection of the financial difficulty facing those attending colleges and universities.
by Shawn Logan
See full article at National Post
Hinge To Speak At iDate, Miami
WEBWIRE – Jan 16 – Justin McLeod, founder & CEO at Hinge is this year's iDate special guest. He will be interviewed by Mark Brooks from Online Personals Watch & Courtland Brooks. iDate, the Internet dating conference, is taking place in Miami at the Miami Beach Botanical Garden on January 24-26, 2017.
Match Group Stock: 2016 In Review
THE MOTLEY FOOL – Jan 15 – In its first full year as a publicly traded company, Match Group surged past expectations, climbing 26%. A number of factors led to its standout performance, including Tinder's growth, strong operating leverage, and consistently beaten earnings estimates. As the chart shows, Match Group stock plummeted sharply to start the year. Its earnings report from February sent the stock down 20% in two days, even as the company beat earnings estimates. The market instead focused on revenue growth, which increased just 12% to $267.5M short of estimates of $272M. Adjusted net income fell 2% as well, causing some investors to question the company's business model. As the market bounced back, so did Match shares, and the company delivered better numbers in its next report as the stock spiked 16%. Revenue growth accelerated to 21%, and average paid member count jumped 36% to 5.1M. Adjusted net income also jumped 30%. The stock peaked in October at over $19 but then plunged on its Q3 earnings report, as investors thought earnings growth would slow in 2017 based on management comments about investments. The stock slipped 12% on the news.
by Jeremy Bowman
See full article at Fox Business
This post also appears on InternetDatingInvestments.
Winkd: A New LGBTQ Dating App
MASHABLE – Jan 16 – Winkd is a soon-to-be launched dating app built for the LGBTQ community. On Winkd, users check into a location, be it a park or a LGBTQ night club, and they can see who else has checked in. Users indicate interest by "winking" at someone on the app, and if there's a match, the chat window stays live for 20 minutes. Unlike Tinder, the app won't list the user's name or age on their profile – it will only be revealed once users match.
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