Month: March 2017

DateTix Half Year Financial Results

Posted on March 1, 2017

Datetix logoDATETIX – Feb 28 – Hong Kong-based public online dating group DateTix has released FY17 half year report ended Dec 2016. The revenue was ~770K, 572% increase YOY driven by Lovestruck acquisition. The company reported loss of $2.1M, 131% increase YOY.

See the full report here

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Summarized by the Courtland Brooks team

Baihe.Com To Launch Wedding M&A Fund With JD Capital

Posted on March 1, 2017

WeddingCHINA MONEY NETWORK – Feb 28 – China's biggest online dating platform Baihe.com plans to establish an investment fund with private equity firm JD Capital to invest in wedding service and wedding related companies to push for industry consolidation via mergers and acquisitions. Baihe.com merged with NASDAQ-listed Jiayuan.com last May. They both now control ~50% of China's online dating market.

by Jillian Yue
See full article at China Money Network

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Summarized by the Courtland Brooks team

CCBill Adds SkaDate And WP Dating To Integration Partners Portfolio

Posted on March 1, 2017

Ccbill integration partnersPRWEB – Feb 28 – CCBill, a payment processor, announced two new partners – SkaDate and WPDating. WP Dating is a WordPress Dating plugin solution provider that powers dating sites. SkaDate is an online dating software & mobile dating apps provider.

See full article at PRWeb

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Summarized by the Courtland Brooks team