MIRROR.CO.UK – June 8 – According to Badoo research honesty is one of the most attractive traits when it comes to online dating. People who live at home with their parents and drink heavily have been revealed to be the most eligible daters online. Analysing 5K users, the dating site found people who reveal niche information, about themselves such as whether they want children someday, were more popular than those who didn't. Female users who claimed to have or want children someday were the most right-swiped, whereas male users who claimed to not want children were top of the list.
Month: June 2019
OPW Is Easier – Shortcut Domain www.OPW.news
OPW – June 9 – We've made it easier for you to get to OPW on your phone. Now you can just use the URL 'OPW.news'.
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Russmedia Acquires Majority Stake in Hungarian Dating Site Randivonal
DER BRUTKASTEN – June 6 – The Austrian company Russmedia International acquires the majority stake in Randivonal, a Hungarian online dating site. Founded in 1999, Randivonal is Hungary's leading online dating site today. The company is headquartered in Budapest and employs 25 people.
See full article at Der Brutkasten
This post also appears on InternetDatingInvestments.com
The Meet Group Is an Incredible Growth Stock: 3 Reasons Why
ZACKS EQUITY RESEARCH – June 7 – The Meet Group not only has a favorable Growth Score, but also carries a top Zacks Rank. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1.
- Earnings Growth
Nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable. While the historical EPS growth rate for Meet Group is 17.3%, investors should actually focus on the projected growth. The company's EPS is expected to grow 28.7% this year. - Impressive Asset Utilization Ratio
Also known as sales-to-total-assets (S/TA) ratio — is often overlooked by investors, but it is an important indicator in growth investing. This metric shows how efficiently a firm is utilizing its assets to generate sales. Right now, Meet Group has an S/TA ratio of 0.72, which means that the company gets $0.72 in sales for each dollar in assets. Comparing this to the industry average of 0.7, it can be said that the company is more efficient. - Promising Earnings Estimate Revisions
Investors should consider the trend in earnings estimate revisions. A positive trend is a plus here.
Lumen: the Dating App for Singles Over 50
YAHOO NEWS – June 6 - Lumen co-founder Charly Lester talks about her dating app for singles who are over 50 years old. The app uses AI to check new users' age and identity. They are also required to take a selfie. Charly Lester was inspired to launch Lumen because many people were asking her what dating app their divorced parents could use and she did not have the answer.
by Zack Guzman & Kristin Myers
See full article at Yahoo News
Tinder Vows to Boot Incest Offender Trent Thorburn off Dating App
YAHOO NEWS – June 7 – Trent Thorburn, who was sentenced to four years' imprisonment in 2017 after a sexual encounter with his foster sister Tiahleigh Palmer, is believed to have uploaded a series of selfies to Tinder. Twelve-year-old Tiahleigh was later murdered by Thorburn's father, Rick, in October 2015. He is currently serving a life sentence as a result of her death. Tinder confirmed that the matter was being looked into. "The safety of our users is a top priority at Tinder and our team is investigating this," a spokesperson said.
Spark Networks SE Shareholders Approved Increase in Share Capital
PR NEWSWIRE – June 5 – An Extraordinary General Meeting of Spark Networks SE was held on June 3 in Berlin, Germany. Resolutions were passed with 99.9% of the present votes in favor – a resounding endorsement of the acquisition of Zoosk, which upon closing is expected to make Spark the second largest dating company in North America. For the purpose of acquiring Zoosk, the Meeting resolved to issue new shares to Zoosk shareholders in exchange for their Zoosk shares.
Can We Trust the Match Group Cartel With Our Dating Data?
Podcast: CEO of The Meet Group, Geoff Cook, Talks the Future of Video
SOCIAL NATIVE – June 5 – Geoff Cook, CEO & Co-Founder at The Meet Group, talks the future of video, the development of one-to-one live streaming and the rise of audio. The company has grown a live streaming business from zero to an 80M+ run rate due to the addition of Live. The primary way they've grown their audience from a million daily active users in 2016 to 4.5M today is through acquiring new companies and providing live stream capabilities to amass more users and increase revenue. The Meet Group spend ~13% of its revenue on marketing (20M). You can listen to the Q&A podcast here.
IAC’s CFO Talks About Match Group
THE STREET – June 5 – Glenn Schiffman has been IAC's CFO since 2016. Echoing recent comments made by Match execs, who recently disclosed a goal of getting 25% of the company's revenue from the Asia-Pacific region by 2023, Schiffman said growing Match's Asian footprint is a priority. Schiffman also said Match hasn't seen any change in its competitive environment, as it battles upstarts such as Bumble and deals with Facebook. And he argued Match's current penetration rates leave it with a lot of room to grow.