TERRA NOTICIAS – Oct 28 - According to the National Statistics Institute, there are ~10M singles in Spain. Half of them are using dating sites and this figure increases by 7% each year. Meetic has more than 6.5M registered users in Spain.
The full article was originally published at Terra Noticias, but is no longer available.
PRESS RELEASE – Oct 25 – Meetic has signed a major pan-European mobile partnership with Microsoft and the simultaneous launch of an app for Windows Phone 7. Meetic and Microsoft are deploying a mobile offer on a pan-European scale (France, United Kingdom, Germany, Spain and Italy). This app was developed in 3 months and will be ready for the worldwide launch on 11th October in New York.
LE FIGARO – Sep 13 – The two main shareholders of Meetic, the leading European dating site, confirmed that Messier Partners mandated to "evaluate all strategic options for the company and its shareholders." Among these options, Marc Simoncini, who still holds 22.98% stake in the company he founded, and Match Pegasus, which owns 26.72% stake, may sell their holdings. According to the statement released Sunday night, "no takeover bid has been received and any decision to sell was made". By unveiling half-year results in July, Meetic has confirmed his good health: the sequential growth stood at 10.6% in the Q2. Since the beginning of the year, Meetic shares rose 12.3%. FULL ARTICLE @ LE FIGARO
PRESS RELEASE – July 28 – Meetic, the European leader in online dating,
has announces its consolidated half-year results for the six months to
30th June 2010. Revenue for the first half of 2010 totalled €91.4M, up
+36.3% on the same period of 2009. Subscription sales totalled
€92.3M. Revenue for the Q2 2010 totalled €48.0M, up +35.2% on the same
quarter of 2009 and up +10.5% on the first quarter of 2010. This
growth is the result of the major advertising campaigns broadcast over
the period, notably towards the end of the first quarter, and the
completion of the migration of the Match.com sites onto the Group’s
European platform in April 2010. Subscriber numbers: 858,008 at 30th
June 2010 versus 829,258 at 31st March 2010, i.e. a net increase of
28,750 subscribers.
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PRESS RELEASE – June 16 – Meetic has completed the post-merger integration of Match.com 40% faster than it could have with its previous solution by using the Informatica Platform. Meetic, which acquired Match.com's European operations in 2009, has standardized on Informatica's open, reusable data integration platform to transparently migrate millions of user profiles from 15 countries in just four months.
The full article was originally published at Market Watch, but is no longer available.
PRESS RELEASE – May 12 – Meetic, the European leader in online
dating, has announces its consolidated results for the Q1 2010. The
revenue totalled 43.4M euros, up +37.6% compared to the Q1 2009. The
Meetic Group had 829,258 subscribers at 31st March 2010, compared to
844,360 at the end of December 2009, i.e. a decrease of -1.7%,
exclusively amongst Dating subscribers. Marc Simoncini, CEO of Meetic,
concludes: “This first quarter marks the completion of a transition
period that lasted almost a year, during which we have carried out the
integration of Match.com’s European activities. This integration has
now been achieved, the synergies recorded are in line with the Group’s
forecasts and the Group is now ready to pursue its profitable growth
strategy. FULL ARTICLE @ OPW
BUSINESS INSIDER – Apr 28 – IAC/InterActiveCorp reported a net loss of $18.7M, or 16 cents per
share, for the Q1 2010. That's compared with a net loss of $28.4M, or
19 cents per share, during the same period last year. Match.com revenue
declined slightly reflecting the sale of Match Europe to Meetic on June
5, 2009, partially offset by the contribution from the People Media and
Singlesnet acquisitions and solid growth from the Match domestic
business. Revenue and subscribers grew 8% and 2%, respectively. FULL ARTICLE @ BUSINESS INSIDER
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This is the news for March 9th through March 15th, 2010. Here is the news we covered:
PRESS RELEASE – Mar 10 - As announced on 4th February 2010, Meetic
and Match.com, a subsidiary of IAC, signed a strategic agreement to
create a joint venture in Latin America. As foreseen by this agreement,
Meetic and Match.com have thus contributed their respective activities
on the South American continent to the new entity: Meetic’s ParPerfeito
site and Match.com’s activities in other Latin American countries.
Following the deal, Match.com and Meetic each own 50% of the new joint
venture’s equity, whilst Match.com will control the entity’s operations. Read the full press release HERE.
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This is the news for February 23rd through March 2nd, 2010. Here is the news we covered: