ALLIANCE NEWS – July 7 - Cupid will test this revenue model when it launches Uniform Dating in the US this summer, and will roll the model into other markets if it proves successful.
Category: All UK & Europe
Scout24 Wants To Sell FriendScout24
GRUENDERSZENE – July 7 – The Scout24 group is considering selling online dating site FriendScout24. According to Scout24's CEO, Greg Ellis, the company wants to focus on its real estate and car business.
by Georg Räth
See full article at GruenderSzene
See all posts on FriendScout24
This post also appears on InternetDatingInvestments.
Ashley Madison To Launch In Czech Republic
PRAGUE POST – June 30 - Ashley Madison will launch in the Czech and Slovak Republics this July. In 2013 Ashley Madison entered the Asian market by launching in Japan, Hong Kong and Taiwan. Then in 2014 the site launched in Macau, South Korea, Israel and Poland.
The full article was originally published at Prague Post, but is no longer available.
LoveFlutter Experiment: Speed-Dating With Bags On Participants’ Heads
TELEGRAPH.CO.UK – June 29 – Thanks to apps like Tinder, modern dating has become increasingly focused on looks. LoveFlutter a matchmaking service, hosted a speed-dating event where everyone wore a bag on their head. It was a social experiment in conjunction with London's Science Museum that aimed to allow participants to delve a little bit deeper into finding that special someone.
UK Global Personals Ranked #31 In European Media Momentum
PRESS RELEASE – May 30 – Global Personals Ltd, the parent company of WhiteLabelDating.com, has been ranked for the 4th consecutive year in the 11th annual Media Momentum Top 50, moving up five places from last year to #31. The list recognises companies with the fastest growing revenue in the European digital economy. In the last three years, Global Personals experienced a 124% increase in revenue.
Dating App happn Launches In London
LONDONIST – May 25 – happn has launched in London, offering the shy or busy a way to connect. The app uses hyper-locality and immediate proximity to find potential matches among other users that are encountered throughout the day. A mutual like will initiate a chat. User location remains private, but the place users crossed paths is saved. happn is available on iOS and Android for free.
Cupid Posts Loss, Exec Pay Plummets
HERALD SCOTLAND – May 23 – Cupid posted a pre-tax loss of £8M for 2013 after a profit of £9.2m in 2012. Former CEO Bill Dobbie took home £199K for his 11 months CEO tenure in 2013, compared to £596K in 2012. His replacement, Phil Gripton received a salary of £18,750, benefits of £1,300 and a £50,000 bonus, totaling just over £70,000 in compensation for December 2013.
Flirting On Dating Sites Is Grounds For Divorce In France
DAILYMAIL.CO.UK – May 11 – A woman was deemed as cheating on her husband for flirting on dating site Netlog with men she had never met, ruled French judge.
by Sam Webb
See full article at DailyMail.co.uk
LoveStruck Wants To Raise New Funding Via InvestingZone
CROWDFUNDINSIDER – May 7 – InvestingZone, the equity crowdfunding platform, will be helping Lovestruck.com raise capital to fuel its international expansion. The company is looking to raise ~£800K. LoveStruck.com connects urban professionals who live or work nearby via web and mobile. Founded in 2006 in UK, Lovestruck claims ~150K subscribers. The company also operates in Hong Kong and Singapore, which are now responsible for a third of total revenues.
by Samantha Hurst
See full article at CrowfundInsider
Learn more about Courtland Brooks
This post also appears on InternetDatingInvestments.
UK Women Say Dating Apps Lead To Cheating
CBR ONLINE – May 6 – Two thirds of women believe signing into a dating site or app by their partners can lead to cheating while only 43% of men feel the same, according to a survey conducted by the UK's YouGov. 52% of the women believe that sending flirty messages to someone could be termed as cheating while only 32% men believe similarly. Both genders agree that paying for sex with a prostitute is cheating.