WEBWIRE – May 23 – Jeronimo Folgueira, CEO of Affinitas ("EliteSingles") will be interviewed by Mark Brooks on the merger with Spark Networks during the Internet dating conference. The event is taking place on June 1-2, 2017 at the Sportsmen's Lodge Events Center in Studio City, CA. They will discuss the recent announcement that the company is to merge with Spark Networks, to create one of the world's largest online dating providers.
Category: EliteSingles
Spark Networks Q1 – Revenue Down 26%, Net Loss Improved
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Spark Networks To Merge With EliteSingles
ACCESSWIRE – 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.
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CEO Of EliteSingles On How To Win In The Online Dating Space
EliteSingles.com New Zealand Study: Dating Single Parents
M2WOMAN.CO.NZ – Mar 15 – A new survey by EliteSingles found out that 90% of kiwi's don't mind dating someone that came bundled with a child. 69% of singles agreed that having a positive relationship with a partner's children makes them love their partner more. 21% of singles say that they're even more inclined to go on a date with someone who has a photo with their kids in their profile.
by Isaac Taylor
See full article at M2Woman.co.nz
EliteSingles Digital Dating Bootcamp Goes Live
PRNEWSWIRE – Feb 9 – According to EliteSingles' latest survey into U.S. dating habits, 55% of Americans would describe dating in their city as "impossible." 24% labeled it "terrifying and only 12% find it "exciting." In response to these figures, EliteSingles has partnered with five dating experts to create a free digital dating bootcamp, for singles to get coaching tips and practical advice to improve their chances of finding love.
New Zealand Is EliteSingles’ Fastest Growing Market
RADIONZ – Jan 12 – EliteSingles, which is one of three dating services owned by Berlin-based Affinitas, has grown 20% in New Zealand in the past year, making New Zealand one of its fastest growing markets. Affinitas CEO Jeronimo Folgueira said: "We have been extremely successful in New Zealand, even though we are based in Berlin. Last year our New Zealand business was bigger than our German business." Mr Folgueira said the company had made a significant investment in New Zealand and was thinking of introducing Attractive World, which was designed for younger singles.
EliteSingles To Pump Up TV Advertising
NY POST – Dec 11 – EliteSingles is currently the third-largest US TV dating advertiser behind Match and eHarmony, but plans to turn up the volume to ensure it nabs between 5k – 6k new customers a day. The company is currently signing 3k – 4k, it says. The company is backed by Rocket Internet and Holtzbrinck Ventures, and the US is its fastest-growing market.
EliteSingles’ Parent Company Surpasses 40M Global Users
BUSINESSCLOUD.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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EliteSingles Is Acquiring French Dating Site Attractive World
CITYAM – 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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