Month: February 2019

Gay Dating App Jack’d Is Allegedly Exposing Private Photos to the Public

Posted on February 6, 2019

Jackd logo oct 16THE REGISTER – Feb 5 – Gay dating app Jack'd lets gay and bi men chat each other up, exchange private and public pics, and arrange to meet. The photos, public and private, can be accessed by anyone with a web browser and who knows just where to look, though, it appears. As there is no authentication, no need to sign up to the app, and no limits in place, the entire image database can therefore be downloaded and used for a blackmail. Apparently, the developers of the app were warned of the security vulnerability three months ago, and yet no fix has been made.

by Shaun Nichols
See full article at The Register

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Courtland Brooks Book-of-the-Month – The Future Is Asian

Posted on February 5, 2019

The future is asianOPW – Feb 5 – Courtland Brooks is starting a new book-of-the-month recommendation, and Parag Khanna's new book, 'The Future is Asian' is February's book-of-the-month. The book is brand new, out today. Asia is now the hottest area of the world for Internet dating. More than half of humanity lives in Asia! Look to this book to build your historical and economic awareness of Asia. You might also enjoy Parag Khanna's previous book, Connectography.

See full article at the Courtland Brooks Agency-Consultancy Ideas Blog

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Tinder Has Its Own Branded T-shirt Collection Now

Posted on February 5, 2019

Stradivarius love me tinder tshirtPROMO MARKETING – Feb 4 – Stradivarius is the first fashion brand to hook up with Tinder. The two are offering end-users tops that rely on wordplay through the "Love Me Tinder" option and humor via the "You Looked Taller on Tinder" choice and "I'm Your Right Swipe" selection.

by Joseph Myers
See full article at Promo Marketing

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PeerStream Is Selling Its Dating Assets to Focus on LiveStreaming and Blockchain Initiatives

Posted on February 4, 2019

Peerstream logoGLOBE NEWSWIRE – Feb 4 – PeerStream has completed a sale of its non-core dating assets to The Dating Company LLC, a private U.S.-based company. The dating assets consist principally of the FirstMet dating service, which was founded in 2007. Alex Harrington, CEO of PeerStream, commented: "as we shifted our corporate strategy it became clear that the dating assets were non-core and suffered from lack of management attention, resulting in underperformance in 2018, including a significant revenue decline and negative cash flow."

See full article at Globe Newswire

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This post also appears on InternetDatingInvestments.com

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Match Won’t Burn From Facebook’s Heat

Posted on February 4, 2019

Match group logo jan 2017WALL STREET JOURNAL – Feb 4 – Match Group is betting love seekers will still pay up for privacy in their dating lives. Given Facebook's struggles over data leaks recently, that seems like a solid bet. Data suggest Match's users prefer the separation of their dating lives from their social lives. Originally, new users joining Tinder had to do so with Facebook. Now they are given the option of signing up via SMS. Match reported in May that 75% of new users sign up via SMS rather than Facebook after the change, which took effect in 2017. Match Group shares are now up more than 48% for the last six months, fetching a valuation of about 35 times forward earnings.

by Laura Forman
See full article at Wall Street Journal

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Malaysian Dating App Sugarbook.com Raises Seed Capital

Posted on February 4, 2019

Sugarbook profileDEALSTREET ASIA – Feb 4 – Malaysia-based "Sugar Daddy" dating app Sugarbook.com has raised a six-digit seed round from an angel investor. The angel investor comes from an investment banking background from a Hong Kong VC firm. According to Sugarbook, the proceeds will be used to scale and develop its product and infrastructure. Founded in 2017, Sugarbook has 300K members across 60 countries including Malaysia, Singapore, the Philippines and the US. The company generates revenue from monthly subscriptions and packages for sugar babies and daddies.

by Kristie Neo
See full article at Dealstreet Asia

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This post also appears on InternetDatingInvestments.com

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Sex on the First Date Is No Longer a Taboo

Posted on February 4, 2019

Jaumo logoDAILYMAIL.CO.UK – Feb 4 – Research of 30K single people in the UK, US, Canada and Germany, has found that ~59% of daters are willing to have sex on the first date. German men and Canadian women are the most open-minded. Dating app Jaumo – which was founded in 2011 by Jens Kammerer and Benjamin Roth – also asked their users if they would be open to having unprotected sex outside of a relationship, and surprisingly people were open to it, despite the risk.

by Maisie Bovingdon
See full article at DailyMail.co.uk

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Tinder CEO Explains What Gives It an Edge Over Rivals in the Dating Market

Posted on February 4, 2019

Tinder elie seidman 2019BLOOMBERG – Feb 3 – Tinder said availability of cheap data and increasing use of smartphones triggered the growth of Tinder in India. "It's just the beginning," said CEO Elie Seidman in an interview. Tinder has ~4.1M paying subscribers globally. Though the basic app is free, it's the extra paid features that drives the company's revenue, Seidman said. ~95% of the overall revenue comes from paid services. Tinder is the second-most grossing app in India, he said, without revealing the number of users in the country who are paying for its features. Seidman said the smaller markets are growing faster than the bigger cities.

by Nishant Shamra
See full article at Bloomberg

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Lunch Actually CEO on Dating in the Age of Tinder

Posted on February 2, 2019

VULCAN POST – Feb 1 – Lunch Actually Group‘s CEO recently took to the stage at TEDxNTU to share what dating apps and algorithms don’t tell us, and why true love actually happens offline. She spoke about her personal experience with dating, along with what she feels about dating services in the market now.

by Melissa Chan
See full article at Vulcan Post

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