REUTERS – Oct 14 – The CEO of ProSiebenSat.1 Media wants to double the market value of the German broadcaster in the next three to five years. Max Conze said he sees ProSieben's portfolio of Internet investments in companies such as online dating agency Parship or online beauty retailer Flaconi as the main lever for a higher market capitalisation. "That was nothing five years ago, today it is worth 2B euros ($2.31B) and should double in five years," he said.
Category: All UK & Europe
Q&A With Jaumo’s co-Founders
REALBUSINESS.CO.UK – Oct 11 – Benjamin Roth and Jens Kammerer were university friends who had already started a thriving social network company when they dreamed up Jaumo, a fuss-free dating and chat app.
Q: How did you start the business?
Jens: We both studied Business Informatics, so that's where we met. I founded my first company, a local social network in Germany called Kwick, in 1999 and Benjamin joined in 2000. Kwick was acquired in 2011 and in the same year, we decided to found Jaumo.
Q: How did you facilitate your growth?
Benjamin: In the beginning, we used the profits we had generated from Kwick to fund Jaumo. We also leveraged Kwick to attract the first customers of Jaumo. The overall growth, in the beginning, was slow but increased after we hit the first 7M users in 2014. Only two years later, we reached 10M users and growth accelerated from there.
Q: How did you keep your business lean?
Jens: During the first 6 years, the company was operated by just the two of us. After we reached 20M users, we decided to bring on new team members to help. We have 20 employees now. As a 100% remote company, we have no offices and work together with a team distributed across 10 different countries.
Q: How do you manage the competition?
Jens: By staying lean and flexible in our business model.
by Annie May Byrne Noonan
See full article at RealBusiness.co.uk
RichMeetBeautiful Is In Legal Trouble In Belgium
by Oscar Schneider
See full article at The Brussels Times
Muzmatch “Hello” By Muzmatch
CAMPAIGNLIVE.CO.UK – Sep 7 – Muslim dating site Muzmatch makes reference to well-known hits from Lionel Richie and Adele in its display campaign. With a six-figure media spend, it is running on the London Underground and on buses in London, Birmingham and Manchester.
Danniella Westbrook Launches Her Own Dating Site For People Who Are Serious
THESUN.CO.UK – Aug 22 – The 44-year-old TV star is launching a brand new dating website called Serious Dating. She says she felt compelled to launch the new website after growing 'sick' of failing to find love via all the other apps that are already out there.
by Jasper Green
See full article at The Sun
Man Sets Up Agency To Verify Online Dating Users For £20
METRO.CO.UK – Aug 9 – Andy Bartram set up Vet Your Date earlier this month to stop singletons from being catfished by fake profiles or scammers. The former police worker charges £20 to search details of any Tinder or Bumble match and put together a report for his customer. He is going to be introducing a monthly subscription for those who are constantly talking to new people online.
Tinder Seeks Agency For UK PR Account
PRWEEK – Aug 8 – Tinder is seeking a new UK PR agency. The UK account for the dating app has been held by London-based PR agency Rebecca Abigail since 2013. The agency has chosen not to re-pitch.
7 Students Are Developing A New Dating App That Put The Voice First
WESER REPORT – July 26 – Seven students from Bremen have now developed a new dating app that puts the voice first rather than the profile photo. "The picture is always displayed first in a dating app," criticized Marlon Escobar Saupe, who is studying digital media at the Hochschule für Künste (HfK) in the fourth semester. "You should not underestimate the voice, because it says a lot more." Together with six other students he wants to bring the app Nanda on the market. Instead of a picture users first receive voice messages of their potential matches.
Morad Adjaoud Joins Once From Tinder As CMO
NEW-BUSINESS.DE – June 22 – Slow dating app Once wants to expand its presence in Germany. The app has hired Morad Adjaoud, the former Head of International Growth of Tinder. Adjaoud joins Once as Chief Marketing Officer. Adjaoud will be responsible for worldwide marketing, but will pay special attention to the German market. Once launched in France in 2015; claims 2.1M French users and 1.5M German users.
See full article at New-Business.de
Dating App Ohlala Plans To Raise $100M Through An ICO
by Thomas Ohr
See full article at EU Startups
This post also appears on InternetDatingInvestments.