PR NEWSWIRE – Apr 30 – RealMe, an online reputation platform partners with M14 Industries, a platform empowering anyone to develop their own dating app. As growing concern over harassment, scams, and violence related to dating apps mounts, RealMe offers online dating platforms an immediate, easy integration that allows daters to access verified profiles and important background information and reputation details of potential partners, right now.
Month: April 2021
Court Dismisses Reveal Chat Holdco’s Antitrust Lawsuit Against Facebook
LAWSTREET MEDIA – Apr 30 – On Monday, Judge Beth Labson Freeman of the Northern District of California issued an order granting Facebook's motion to dismiss the antitrust lawsuit brought against it filed by three web developers – Reveal Chat Holdco, USA Technology and Management Services, and Beehive Biometric – finding the plaintiffs' claims time-barred. Facebook was sued for "removing access to a set of APIs in 2015 that Plaintiffs relied on for their mobile apps."
Bumble Included in 2021 Time 100 Most Influential Companies
TIME.COM – Apr 30 – Which companies are shaping our future? That's the question at the heart of the first ever TIME100 Most Influential Companies, that highlights businesses making an extraordinary impact around the world. See the full list here.
Dating Group’s Plans for $50M Venture Fund
EINPRESSWIRE – Apr 28 – Dating Group, the parent company of Dating.com, DateMyAge, Promise, Tubit, ChinaLove, and Dil Mil, closed a $50M corporate venture capital fund in 2020 to continue investing in services and IT companies that meet their mission. By the end of Q1 2021, Dating Group acquired a "slow dating" app, Once, for $18M. This was 14 months after Dating Group acquired Dil Mil, the growing app used by South Asian expats to meet in the U.S. "Our strategy includes acquiring innovative companies with a differentiated product-market fit and building products that will create a more robust ecosystem of social discovery," said KJ Dhaliwal, Chief Strategy Officer of Dating Group.
Senators Ask Google About Phone Call to Match on Day Before Testimony
CNBC – Apr 27 – The two top senators on the Senate Judiciary subcommittee on antitrust sent a letter to Google asking about an alleged call to Match Group the day before its top lawyer was set to testify about treatment on the Google Play app store. "We are deeply troubled by Match Group's claims that Google may have attempted to influence another witness's testimony," they wrote. Match's chief legal officer, Jared Sine, told senators during last week's hearing that employees at Google called Match after Sine's opening testimony became public. Sine said they asked why his testimony differed from Match's comments on its last earnings call, where executives said they believed they were having productive conversations about Google's 30% fee for in-app payments through its app store.
After a Success in 2020, Taimi Talks Is Back in May 2021
Half of US Couples Say Their Sex Life Has Suffered During the Pandemic
NARCITY – Apr 28 – A new study, done by Love Connection, compiled data from dating apps, law firms, and numerous other studies to figure out how the pandemic affected couples across the country in 2020. According to the study, couples' intimacy suffered throughout the past year as 50% of partners reported a decline in their sex life, while 27% said they felt a decrease in relationship satisfaction. However, 46% said they had not really noticed any significant changes.
Dating App Qemistry: Another Cross Between Tinder and TikTok
UKTN – Apr 28 – London-based dating app startup Qemistry has raised a £250K fundraise on Crowdcube. These funds will be utilized for marketing. Qemistry enables users to set a series of video clips on their profile, instead of mere static images. The app already has a wait list of 10K Londoners.
by Shubham Sharma
See full article at UKTN
This post also appears on InternetDatingInvestments
Dating App Thursday Attracted 110K Users
DAILYMAIL.CO.UK – Apr 28 – New dating app called Thursday only works on one day of the week to encourage singletons to meet up in person before their matches vanish at midnight – and 110K have already signed up. The app is officially launching across London and New York on May 13. Thursday has been developed because its creators believe people are spending too much time on dating apps and can be indecisive.
British Startup So Syncd Raises €827K
EU-STARTUPS – Apr 27 – So Syncd, a dating app that matches compatible personality types, has raised a seed round of ~€827K to grow its user base in the US. The round is led by Upscalers investment club, with participation from KM Capital, a US VC firm and a number of angel investors. Created by siblings Jessica Alderson and Louella Alderson, So Syncd connects people on a more meaningful level. The app uses Myers-Briggs personality types to match couples. So Syncd now has ~60K users.
by Charlotte Tucker
See full article at EU-Startups
This post also appears on InternetDatingInvestments