MIDEASTTIME – Feb 15 – 402 Capital Llc acquired 73,588 shares of Spark Networks stock. The shares were purchased at an average cost of $5.65 per share, for a total transaction of $416K.
by Pezhman Azimi
The full article was originally published at MidEastTime, but is no longer available.
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CNN MONEY – Jan 29 – HowAboutWe is launching an entire network of content sites based around dating and love. The network is called HowAboutWe Media and contains four sites that will be free and independent from the company's pay memberships: The Date Report, Swimmingly, Famously, and Nerve. Nerve.com was one of the first popular Web-only magazines, launched in 1997 as a somewhat edgy place for opinion, fiction and essays about sex. While Nerve is an acquisition, Swimmingly and Famously are brand-new sites; TheDateReport was an already extant site run by HAW that has been refreshed.
by Daniel Roberts
The full article was originally published at CNN Money, but is no longer available.
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DOMAIN INVESTING – Jan 29 – The buyer and new registrant is TrueCar.com, a car pricing and comparison website. True.com was purchased for $350K in an all cash deal. Prior to the sale, True.com was used as a dating site.
by Elliot Silver
See full article at Domain Investing
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WKRB – Jan 16 - Spark Networks major shareholder Osmium Partners, bought 83,150 shares. The stock was purchased at an average price of $6.12 per share, with a total value of $509K.
by Zach Kirkland
The full article was originally published at WKRB, but is no longer available.
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PR NEWSWIRE – Dec 31 – LikeBright, a dating platform that matches Facebook friends of friends, has acquired MatchMate, a matchmaking software company. MatchMate was founded in 2012 by several Utah entrepreneurs, including John Richards who also invests in LikeBright's current round and serves on its advisory board.
The full article was originally published at IT News Online, but is no longer available.
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PRESS RELEASE – Dec 5 – Mektoube.fr, a dating site dedicated to the Muslim and Maghreb community in France, won "Website of the Year 2013" and " Best Dating website of the year" in France. The Website of the Year award is France’s most important people’s choice award. The "Most Popular Dating Website" is Adopteunmec.com.
OPW – Dec 3 – Tingle comes with a great domain and a decent seed userbase. Its a 'leading-edge mobile-only realtime dating app' featuring text/voice, per-message/per-call billing, prepaid credit-based business model. It was soft-launched Feb 2012 to North America and recently made available globally and serves 100K DAU.
UPDATE (Dec 16, 2014): Tingle is no longer for sale.
TECH CRUNCH – Nov 28 – Live music giant Live Nation has acquired Meexo, a mobile startup. The financial terms of the deal are not being disclosed. Meexo's two co-founders will take on new roles at Live Nation Labs. Romain David will lead mobile product and Dav Yaginuma mobile engineering. Meexo had already turned its attention away from the dating app, and after talking to investors David and Yaginuma decided to look at their options, including Exitround.
by Anthony Ha
See full article at Tech Crunch
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OPW – Nov 25 – I talked with the Chairman of Manhunt to find out more about Manhunt's acquisition of Jack'd, announced last week. Here's the summary of insights Jonathan Crutchley was kind enough to share.
Jack'd was started in early 2010 by Yosuke Matsuda, a young Japanese engineering student who was working on his master's degree at Cornell University. Yosuke programmed Jack'd from his dorm room while at school and launched it with the Apple and Google stores as a hobby. Yosuke now works for a company in Seattle, Washington. He decided to sell Jack'd to Online Buddies, Inc. when his hobby (Jack'd) made overwhelming demands on his time. He was the sole employee of Jack'd, and he just didn't have time to run the app as well as keep up with the demands of his daytime job.
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WKRB – Nov 26 – Spark Networks major shareholder Osmium Partners, bought 145K shares of Spark Networks stock. The stock was purchased at ~$5.45 per share, for a total transaction of $790K.
by Jim Brewer
The full article was originally published at WKRB, but is no longer available.
UPDATE: Osmium Partners LLC reported a 15.1% stake in the company and requested that its principal John Lewis be immediately appointed to the Board of Directors.
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