
PRESS RELEASE – ProSiebenSat.1 reported a solid 5% year-over-year revenue growth for Q2, reaching EUR 907M. The company is a significant player in European media, operating a variety of TV channels and digital platforms. Its Dating & Video segment, ParshipMeet Group, includes well-known dating platforms Parship, ElitePartner, eHarmony, and MeetMe. Despite the overall strong performance, this segment encountered some challenges, with revenues slightly declining by 9% to EUR 98M in Q2, including a 13% decrease in the Dating business and a 4% drop in Video revenues, largely due to a competitive market environment.
Category: MeetMe
Americans to Spend $2.5B on Dating Apps in 2023
APN NEWS – In 2023, Americans are expected to spend ~$2.5B on dating apps, more than the combined spending of Chinese, Japanese, and Britons, according to Statista. The global online dating market is projected to generate $7.8B in revenue with about 570M users this year, 30% of which is expected to originate from the United States. The Statista data show around 16% of all dating app users in the US prefer Tinder, the number-one app in the market. Bumble ranked second with a 14% share. Hinge and MeetMe follow, with a 10% share each.
28% of Consumers Look for Love on Dating Apps in Early 2023
PYMNTS – Spring and summer are prime dating seasons, and like other human behaviors, the pandemic has increased consumer reliance on digital tools to find that special someone. According to the PYMNTS study "ConnectedEconomy™ Monthly Report: The Love and Social Media Edition", 28% of US consumers, or ~73M people used dating apps in March. That's a 21% increase from the same month last year. 12% of men use dating apps and sites daily, versus 7.5% of women. Generation Z consumers and millennials also account for a disproportionate number of the consumers who use dating apps and sites. In total, 55% of Gen Z and 50% of millennials use some type of dating app or site. Dating apps were downloaded more than 60M times last year in the U.S., with Tinder, Bumble and Hinge representing 60% of those downloads in any given month, on average. Plenty of Fish, MeetMe, Tagged, Grindr, Badoo and Wink make up the tail end of the online dating market.
Calling Mom Every Day is a Plus for People Dating in New Jersey
BUSINESSWIRE – The Meet Group, a leading provider of interactive dating solutions, has announced the results of a recent summer survey. With ~3K respondents, this year's survey focused on dating activity and perceptions. ~80% of respondents from New Jersey agreed they would want to be with someone who called their mother every day. In addition to the proclivity to love their mothers, people from New Jersey have a healthy dose of confidence. They ranked themselves in the top 5 for most attractive. Residents of the state also rated the New Jersey accent as the sexiest (the New York accent was second).
New Co-CEOs at ParshipMeet Group
OPW – July 20 – After 7 years, Tim Schiffers, the incumbent CEO, is handing over the baton to Marc Schachtel and Geoff Cook. Marc Schachtel (formerly COO) and Geoff Cook (Founder/CEO, The Meet Group) are now co-CEOs of ParshipMeet Group. Henning Rönneberg is CFO.
Tim successfully completed the merger of Parship Group with The Meet Group and is moving on to new challenges outside the organization.
Marc will lead the entire matchmaking business as CEO of Parship Group: Parship, ElitePartner, eharmony, LOVOO. See Marc's Linkedin post.
Geoff will continue to be responsible for the Social Dating & Entertainment division: MeetMe, Skout, Tagged, GROWLr and the live video streaming solution vPaaS, which powers the video solution of some of the largest dating and social apps in the world. See Geoff's Linkedin post.
S’More: “Tinder-fication” of Online Dating Is Over
FORBES – May 26 – New data gathered by the dating app company S'More suggests that putting chemistry ahead of "hotness" and relationships over casual encounters may become the new norm in online dating, and some of the biggest players in the industry are getting in on the trend. S'More survey found that physical attraction was no longer rated as the most important factor when searching for a potential match. "Covid-19 certainly changed the equation," says CEO Cohen-Aslatei. "But beyond that, our data shows that people are starting to expect more from dating apps. They want real connections, not the fake photos and hyper-sexualization that has characterized so much of online dating over the past decade." S'More has developed a suite of features aimed to reduce the superficiality of online dating, and slow down the process. For one, users aren't able to view a clear photo of a potential match until they have had a meaningful conversation with that person. S'More is not alone in its effort. Tinder and Bumble recently added games to their video product, MeetMe added blurred video dating, and Chispa, a Match Group app for Latino and Latina singles, connects daters based on answers to trivia games. MuzMatch, a Muslim-focused dating app, also lets women keep their profiles blurred from men.
TikTok’s New Developer Tools Allow Apps Logins With TikTok, Sound Sharing, and More
TECH CRUNCH – May 8 – TikTok is expanding its integrations with third-party apps. The company introduced TikTok Login Kit and Sound Kit, that will allow apps on mobile, web and consoles to authenticate users via their TikTok credentials, build experiences that leverage users' TikTok videos and share music and sounds back to TikTok from their own apps. Once signed in, users can access their TikTok videos in the third-party app, potentially fueling entire new app ecosystems with TikTok content. Early adopters of the Login Kit include gaming clips app Allstar, anti-anxiety app Breathwrk, social app IRL, as well as dating and friend-making apps Snack, Lolly, MeetMe, Monet, Swipehouse and EME Hive.
by Sarah Perez
See full article at Tech Crunch
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ParshipMeet Group Partners With TikTok
BUSINESSWIRE – May 6 – ParshipMeet Group, a leading provider of interactive dating solutions, has partnered with TikTok. Using TikTok's new Login Kit, members of ParshipMeet Group's MeetMe app will be able to add their most recent TikTok videos to their profiles in a new TikTok Carousel, showcasing their personalities in a richer way than a profile picture. ParshipMeet Group expects to add additional integrations with TikTok in the future.
See full article at Businesswire
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This post also appears on VerySocialNetwork
The Meet Group Partners With Holler Bringing GIFs and Stickers to In-App Messaging
MEDIUM.COM – Mar 4 – The Meet Group's portfolio includes MeetMe, Skout, Tagged, GROWLr, and LOVOO. First launching on MeetMe, Holler's GIFs and stickers will offer expressive content that will help fuel conversations for members seeking both love and friendship. Currently, the Holler update is only available on iOS.
Sensor Tower’s State of Dating Apps Report
SENSOR TOWER – Feb 18 – Sensor Tower's recent report – 2021 State of Dating Apps report – offers analysis on the latest trends for the category:
- Dating app revenue and download trends in the U.S. and top apps
App Store install growth outpaced that of Google Play, perhaps suggesting that dating apps are going after the comparatively higher spending consumers on Apple's platform. The Meet Group has found steady success with apps including MeetMe, Tagged, and Skout. - A look at how COVID-19 altered the dating landscape
Despite COVID-19, dating app adoption remained steady throughout 2020. Downloads grew 3% Y/Y in Q4. - Trends among traditional dating apps entering 2021
- Advertising trends among top dating apps, including a look at Bumble's creatives
You can download the summary report here or request the full report from SensorTower.
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