DAYTON DAILY NEWS – Aug 11 - Andrew Bowman, a Dayton resident and pilot in the U.S. Air Force Reserve Command, is working with other entrepreneurs to launch a new dating app called Venue. The app encourages single people to stop talking to other people online by setting them up at local restaurants and entertainment spots.
Month: August 2017
POF Is Revealed As The Most Dangerous Dating App In Britain
THE SUN – Aug 11 – A Sun Online investigation has probed crime data from police forces across the country. Among the most popular apps, POF accounted for 56% of all crimes reported. Tinder accounted for 26% of crime, Grindr 10% and Match.com 7%.
Cuddli – A New Dating App For Nerds
MASHABLE – Aug 10 – Cuddli is a new dating app for geeks. It's launching on iOS this week, though it's been available on Android since last year. Cuddli uses GPS matching. Users also have to respond to existing match requests before they can start matching with new people.
Internet Dating Jobs Listing Update – August 2017
OPW – Aug 11 - The new Internet dating jobs listing is live on the Internet Dating Jobs blog.
Below see a couple of this month's most interesting offers:
Affinitas
Head of HR
eHarmony
Director, Product Marketing
Hornet
Head of Sales
Match.com, Chemistry.com, People Media
Director, Brand Marketing
Mayze
Co-Founder & COO
Paktor
Paktor – VP of Human Resources
Parship.de
Head of Online Marketing
Snap Interactive
Director of Business Intelligence
To see more open positions go here.
Do you have an idating industry job offer which is not included? Please, send it to petra@courtlandbrooks.com and we will add it to the list.
Snap Interactive Q2 Results – Revenue UP 43%
ACCESSWIRE – Aug 8 – Total Q2 revenue was $6.2M, a 43.3% YOY increase. Subscription revenues increased 48.3% as a result of the completion of the Paltalk merger. Net loss from operations was ~$1.5M.
See full article at Snap Interactive website
Spark Networks Q2 Results – Revenue Down 27%
ACCESSWIRE – Aug 8 – In May, Spark Networks entered into an agreement with Affinitas GmbH ("EliteSingles"), which operates premium online dating platforms EliteSingles, eDarling and Attractive World to merge. The transaction will close in Q4 2017. Q2 revenue was $6.6M, down 27% YOY and 9% down from the previous quarter. The decrease was driven by a decrease in average paying subscribers, reflecting reduced direct marketing investment in the Jewish and Christian Networks. Total direct marketing expenses decreased 53%. Q2 net loss was $2.5M. The company has no outstanding debt.
See full article at Spark Networks' website
See all posts on Spark Networks
See all posts on EliteSingles
An Inside Look At Chinese Tantan’s Success
TECHNODE – Aug 9 – China's top dating app Tantan announced on June that it has raised a $70M worth in a Series D, summing up its total accumulated fund to $120M. Tantan works through the location base service mechanism and matches users with a person that has been to the same place. On July 2015, Tantan's DAU was reportedly 250k, and today, Tantan's DAU reached ~6M. In the process of closing Series D investment, many investors wanted to join the round, and Tantan's financing round was oversubscribed by too much demand. To maintain the proportion of the founding team's shares, South Korea's renowned VC fund LB Investment sold some of their existing shares to two investors and achieved a partial exit.
Northsight Capital Enters Into A Definitive Agreement To Acquire Crush Mobile Apps
ACCESSWIRE – Aug 9 – Northsight Capital has signed a non-binding memorandum of terms to acquire Crush Mobile Apps, a company that has developed a group of dating sites with a presence in the Latino, Israeli and African American communities, and claims ~1M members. Approval of the transaction is subject to a variety of conditions, including NCAP raising $500k prior to closing, due diligence investigation by both parties, obtaining all necessary corporate approvals, and the negotiation and execution of definitive agreements.
See full article at Yahoo Finance
See all posts on Crush Mobile Apps
This post also appears on InternetDatingInvestments.
Tinder Became A Gateway Dating App
FORBES – Aug 8 – Tinder and smartphones killed the stigma of online dating. The app market has fragmented. There were always competing sites, but now Tinder serves as a gateway to niche apps. It gets people in the game. They meet a broad base of users on Tinder, have a strong reaction and seek out the platform that's right for them.
Interview With Affinitas Head Of Brand Marketing, Bart Visser
OPW INTERVIEW – Aug 8 – Affinitas wants to be the world's leading operator of paid (premium) dating services. They're in the process of merging with Spark Networks (JDate). I paid their HQ in Berlin a visit a few weeks back and met Bart, and then we did this interview for you. Attractive World is launching in Australia. Bart is Head of Brand Marketing, so I asked him about market fit for Attractive World.
See all posts on AttractiveWorld
Post by Mark Brooks @ Courtland Brooks