PR NEWSWIRE – The latest Dating.com study reveals a growing % of singles are open to long-distance relationships
Singles are integrating online dating into travel, with 54% of men and 44% of women open to meeting new people on vacation.
OPW – Don’t miss LTR (Love, Tech, Relationships) Edition 33 this Wednesday, July 10th, at 1pm EST (New York time). This edition features an exciting lineup with Brandon Wade, CEO of Seeking.com, engaging in a fireside chat with Mark Brooks. Brandon will be joined by his wife and co-CEO Dana Rosewall, who will also share her insights, emphasizing the importance of a female perspective in dating platforms.
Following that, Jessica Alderson, co-Founder & CEO of So Syncd, will present "Lessons From a Dating Startup, and Our Pivot".
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 33 speakers and invite page here
Email mark@courtlandbrooks.com to RSVP.
This LTR is kindly sponsored by ParshipMeet Group, RealMe, Dating Through Curiosity, along with Courtland Brooks and Matchmaker.com.
JUVE PATENT – Match Group, owner of Tinder, has successfully avoided a shutdown of its dating service in Germany after the Federal Court of Justice invalidated a key patent held by Hoccer, a Berlin-based company. Hoccer had sued Match Group for patent infringement, aiming to secure a licensing agreement for Tinder. Initially, Hoccer won an injunction in 2019, temporarily halting Tinder's operations in Germany. However, the Federal Court of Justice declared Hoccer's patent, which covered a system for transmitting data between communication devices, invalid. This ruling ended the legal dispute and allowed Tinder to continue operating in Germany. Hoccer, whose app focuses on encrypted data exchange, will not receive any licensing fees from Match Group and must withdraw its appeal.
TIP RANKS – Bumble's AI-powered growth strategy has expanded its user base in Europe and Latin America, despite initial skepticism. With new CEO Lidiane Jones, Bumble plans to acquire Geneva, a community app, by Q3 2024 to improve its social features. In Q1 2024, Bumble reported $268M in revenue and net earnings of $34M, significantly improving from a loss in Q1 2023. The company forecasts continued revenue and EBITDA growth for the year. Analysts have set a price target of $14.57, suggesting a potential 56% upside. Despite recent volatility, Bumble's stock presents a notable investment opportunity.
OTS.AT – A recent study by Parship.at reveals that 2.3M Austrians have fallen in love with someone they met online. Over 20 years, 35% of Austrian couples now meet online. The study shows that 1.5M moved in with an online date, 450K got married, and 350K children were born to these couples. Nearly half of Austrians have dated someone they met online, with 40% moving in together, 17% getting married, and 15% having children.
BURYTIMES.CO.UK – Nicky Wake launched Chapter2, a dating app for widows and widowers, in the UK in November 2022. After gaining thousands of users and success stories, including friendships and an engagement, she is now expanding the app to America, Canada, and Australia. Chapter2 provides a safe space for widows to find friendship and companionship. The app launched in America and Australia on July 4 and will debut in Canada on July 8. To celebrate, free premium access will be available in all three countries until early next year.