Category: AttractiveWorld

Dating Apps Are Changing The Way We Find Jobs

Posted on October 12, 2018

Bumblebiz pic oct 2017EUROPEANCEO – Oct 11 – On a professional level, LinkedIn has held the monopoly on networking for some years. "LinkedIn is a platform to find a job or to just maintain your résumé online. It's very conventional and very hard to connect with new people in real life through LinkedIn… that's why we decided to create Shapr, which is a link between dating and professional networking," said Ludovic Huraux, a French entrepreneur who had previously built dating site Attractive World. Shapr has 1.5M in the US, UK and France. It uses swiping, and connections are suggested based on the user's interests and location. Shapr users are limited to 10 – 15 matches per day, which Huraux says helps users to form more meaningful relationships and discourages mindless swiping. Shapr was designed solely for professional networkers, but other dating apps are introducing networking elements such as Bumble. Since the launch of Bumble Bizz, the app sees 17M new matches per week and 64K users joining each day. Bumble itself has hired 11 internal team members through Bumble Bizz.

by Sophie Perryer
See full article at EuropeanCEO

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Summarized by the IDEA team

Spark Networks Q2 Results – Revenue Down 27%

Posted on August 10, 2017

Sparknetworks logo new Jan 13ACCESSWIRE – Aug 8 – In May, Spark Networks entered into an agreement with Affinitas GmbH ("EliteSingles"), which operates premium online dating platforms EliteSingles, eDarling and Attractive World to merge. The transaction will close in Q4 2017. Q2 revenue was $6.6M, down 27% YOY and 9% down from the previous quarter. The decrease was driven by a decrease in average paying subscribers, reflecting reduced direct marketing investment in the Jewish and Christian Networks. Total direct marketing expenses decreased 53%. Q2 net loss was $2.5M. The company has no outstanding debt.

See full article at Spark Networks' website

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Summarized by the Courtland Brooks team

Interview With Affinitas Head Of Brand Marketing, Bart Visser

Posted on August 8, 2017

OPW INTERVIEW – Aug 8 – Affinitas wants to be the world's leading operator of paid (premium) dating services. They're in the process of merging with Spark Networks (JDate). I paid their HQ in Berlin a visit a few weeks back and met Bart, and then we did this interview for you. Attractive World is launching in Australia. Bart is Head of Brand Marketing, so I asked him about market fit for Attractive World.

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Post by Mark Brooks @ Courtland Brooks

Attractive World Is Launching In Australia

Posted on July 27, 2017

Attractiveworld logoTENPLAY.COM – July 26 – Attractive World, is a service which allows its members to choose who can join, on the basis of whether they are hot enough or not. A subscription costs between $19.95 and $49.95 a month depending on the length and type of subscription. The app has recently been rolled out in Australia and New Zealand. The concept was founded about a decade ago in France and is part of the Berlin-based Affinitas GmbH group. It has ~120k in France so far.

See full article at TenPlay.com

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Summarized by the Courtland Brooks team

Spark Networks Q1 – Revenue Down 26%, Net Loss Improved

Posted on May 3, 2017

Sparknetworks screenshotACCESSWIRE – May 2 – Spark Networks entered into a definitive agreement with Affinitas GmbH ("EliteSingles"), to combine in a stock-for-stock merger. The transaction is expected to close in Q4 2017. Spark Networks, will not conduct a first quarter results conference call; however, Spark and EliteSingles will host a joint conference call at 7:30 AM PST on May 3, 2017, to discuss the transaction. Q1 revenue was $7.3M, a YOY decrease of 26% driven by a decrease in average paying subscribers, reflecting reduced direct marketing investment in the Jewish and Christian Networks. Total direct marketing expenses decreased 72% to $1.4M. Net Loss was $2.1M in the quarter, a $1.3M improvement versus the year ago period and a $1.6M improvement from the prior quarter.

See full article at Spark Networks website

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Summarized by the Courtland Brooks team

Spark Networks To Merge With EliteSingles

Posted on May 3, 2017

Sparknetworks affinitas logosACCESSWIRE – May 2 – German dating company Affinitas, which operates premium online dating platforms EliteSingles, eDarling and Attractive World, is merging with Spark Networks. The newly formed company will be named Spark Networks SE and will be headquartered in Berlin, and maintain a significant U.S. presence with offices in New York City and Lehi, Utah. The combination will create a company with ~$115M of pro forma combined revenue over the twelve months. EliteSingles shareholders will own ~75% of Spark Networks SE and Spark shareholders will own 25%. Jeronimo Folgueira, CEO of EliteSingles, will serve as CEO and Robert O'Hare, Spark's CFO, will continue in that role with the combined company. Michael Schrezenmaier, Managing Director of EliteSingles, will become COO. The Board of Directors will be comprised of seven directors, including three to be selected by EliteSingles, one to be selected by Spark, and three to be mutually agreed upon by EliteSingles and Spark.

See the full article at Internet Dating Newswire

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This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team

Meetic And Attractive World Sanctioned By CNIL

Posted on January 3, 2017

Meetic logo picLA SIGNARE – Jan 3 – Meetic and AttractiveWorld.net has been fined by CNIL (The National Commission for Computing and Freedom) for processing sensitive personal data of its users without their consent.

by Gerome Betterncourt
See full article at La Signare

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Summarized by the Courtland Brooks team

EliteSingles’ Parent Company Surpasses 40M Global Users

Posted on November 10, 2016

Affinitas logoBUSINESSCLOUD.CO.UK – Nov 9 – Affinitas, which also runs Attractive World and eDarling, has reached 40M global registered users. ~500k new members are signing up each month. The announcement follows the company's acquisition of French premium dating site Attractive World in October.

by Jonathan Symcox
See full article at BusinessCloud.co.uk

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Summarized by the Courtland Brooks team

EliteSingles Is Acquiring French Dating Site Attractive World

Posted on October 5, 2016

Attractiveworld logoCITYAM – Oct 4 – Affinitas GmbH, the parent company of the premium dating service EliteSingles, has acquired French dating site Attractive World. Attractive World also operates in Belgium, Luxembourg and Switzerland. ~2M singles have applied to the site since its creation in 2007.

by Jack Palmer
See full article at CityAM

Update: EliteSingles paid between 10M – 20M Eur for Attractive World. Attractive World was launched in 2007 by Ludovic Huraux. The site raised 5.3M Eur between 2007 – 2011 and claimed profitability in 2013.

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This post also appears on InternetDatingInvestments.

Summarized by the Courtland Brooks team