Month: February 2021

Announcing LTR Edition 5

Posted on February 8, 2021

Ltrus logoOPW – Feb 10 – LTR stands for Love, Technology, Relationships. Think of it as an online TED for leaders of Internet dating companies and online social communities. This is where we meet, learn, and share.

LTR Edition 5 is on Thursday 18th Feb starting 11:30am EST (New York). We have a half hour of networking on virtual tables, three world-class speakers for 20 mins each plus a few mins Q&A, and then a final half hour of networking. 2.5 hours all-in.

If you hold a full time leadership role at an Internet dating company then you are welcome to join IDEA for free, and welcome to join LTR events for free. See the LTR Edition 5 overview and invite page here. Email mark@courtlandbrooks.com to RSVP for LTR. There are 80 places only.

LTR is kindly sponsored by RealMe, vPaaS by Meet Group, Utopia Analytics, Real Gifts, and Courtland Brooks

The Meet Group Takes Part in Safer Internet Day 2021

Posted on February 8, 2021

Safer internet day logoBUSINESSWIRE – Feb 8 – The Meet Group, a leading provider of interactive dating solutions, is participating in Safer Internet Day, a global event celebrated in ~100 countries around the world, hosted by ConnectSafely.org, the nonprofit organization dedicated to educating users of connected technology about safety, privacy, and security. The Safer Internet Day is on February 9, 2021. The Meet Group is committed to high standards of safety, implementing the best-in-class safety practices, actively collaborating with various online safety and dating organizations, and partnering with industry-leading technology partners such as Spectrum Labs and Microsoft. Recently, Geoff Cook, CEO of The Meet Group, joined the Oasis Consortium advisory board, an organization focused on brand and user safety to make the Internet a safer place.

See full article at The Meet Group website

See the top news on The Meet Group

“Love in Quarantine” Webinar on Feb 17th, 2021

Posted on February 7, 2021

Love in quarantine eventAD CLUB – Feb 3 – Join the Advertising Club Webinar "Love in Quarantine" to look into the trends, challenges, and benefits of online dating during COVID-19. (Feb 17, 2021 at 5:30pm-6:30pm EST)

Featuring:

Moderated by:

  • Candace Smith, lawyer/relationship coach as seen on Bravo's Millionaire Matchmaker

POF 2021 Valentine’s Day Forecast

Posted on February 7, 2021

Pof logo 2019 higher resolutionPR NEWSWIRE – Feb 4 – New survey from Plenty of Fish reveals 57% of singles are serious about finding love this year, 40% believe Valentine's Day is the perfect time to spark a new relationship. With pandemic protocols still in place, singles are planning for more low-key activities. ~50% of millennials plan on celebrating at home with their "Quaran-team" (roommates, family and friends). For other singles, the top Valentine's Day activities include having a virtual date (one third) or meeting up in safer settings like the outdoors (~50%).

See full article at PR Newswire

See the top news on POF

Dating Industry Alumnus Gets NASA Contract to Fly to the Moon

Posted on February 6, 2021

Max polyakovOPW – Feb 6 – Dr. Max Polyakov ran EasyDate and Cupid and BeNaughty in the past (see my interview with him in 2008) and now his company Eos, just scored a $93m contract from NASA to fly to the moon. Congratulations to Max and the Eos team for this fantastic win.

See news at NASA.gov

Match Owns Dating’s Past, Present and Future

Posted on February 6, 2021

Matchgroup portfolioWALL STREET JOURNAL – Feb 4 – Match showed impressive resilience early on in the pandemic. Q4 results slightly topped Wall Street's estimates. Match's shares took a dive in mid-January following Bumble's IPO filing, but had since recovered. Then its shares tumbled again 5% after hours following Tuesday's Q4 report. Investors shouldn't be overly discouraged. Its Q4 numbers show it met its initial revenue guidance for 2020, given way back in Nov of 2019, before the first case of Covid-19 had even been identified. For the past few years, the Match story has revolved around Tinder's rapid growth but Match's relationship-focused apps should increasingly come into focus in 2021. Match said downloads of Hinge grew 82% in 2020 through the end of Sep and that the direct revenue soared ~200% in the Q3, suggesting users are eager to pay for it. Beyond Hinge, Pairs, acquired by Match in 2015, is now Japan's biggest dating app.

by Laura Forman
See full article at Wall Street Journal

See the top news on Match Group

Albanian Dating App Dua Raised an Extended Seed Round of 150K EUR

Posted on February 4, 2021

Duacom logoLINKEDIN – Feb 4 – Dua is a dating and networking app for Albanians and diaspora. Dua's CEO and founder Valon Asani has announced that his startup raised an extended seed round of €150K at €10M valuation. The app has been downloaded 340K times and claims 145K users with 12% monthly growth.

See the top news on Dua.com

This post also appears on InternetDatingInvestments.com

Matrimony Q3 Financial Results

Posted on February 3, 2021

Matrimonycom logo redAPN NEWS – Feb 4 – Matrimony's Key financial highlights for the quarter ended December 31, 2020

  • Revenue at Rs 96.7 crores ($13.3M), up 3.6 % q/q and 7.4% y/y
  • Profit After Tax at Rs 11 crores ($1.5M), up 7.4% q/q and 96.5% y/y

Matchmaking

  • Revenue at Rs 96.2 crores ($13.2M), up 3.8% q/q and 9.6% y/y
  • Added 230K paid subscriptions during the quarter, increase by 6.2% q/q and 31.2% y/y

The company has launched new services – RajasthaniMatrimony and BihariMatrimony, and DoctorsMatrimony exclusively for Doctors.

See full article at APN News

See the top news on Matrimony.com