HUFFINGTON POST – Dec 14 - Google Zeitgeist — the search engine's annual online presentation of the year's top "trending" and "most searched" terms — includes a list of the top 10 most searched dating sites.
by Christina Huffington
See full article at Huffington Post
PR NEWSWIRE – Nov 4 - Core revenue increased 15% to $102.5M driven by increases in subscribers. Developing revenue increased 8% to $18.7M primarily due to revenue from OkCupid. Core and Developing revenue collectively increased by 14% to $121.2M. Meetic had revenue of $11.1M which was negatively impacted by the write-off of $9.6M of deferred revenue in connection with its acquisition.
Match Core consists of Match.com in the US, Chemistry.com and People Media. Match Developing consists of OkCupid, Singlesnet, mobile-only products and non-Meetic international operations.
The full article was originally published at MarketWatch, but is no longer available.
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PR NEWSWIRE – Apr 27 – Match.com core revenue increased 18% to $93.3M driven by a 22% increase in subscribers. Developing revenue increased 82% to $18.3M driven by the full quarter contribution of Singlesnet, as well as from the venture with Meetic in Latin America and the acquisition of OkCupid, neither of which were reflected in the year ago results. Subscribers logging in through mobile grew 135% YOY to 30% of total on Match.com U.S.
For more details visit the link on the side bar under 'FINANCIALS'
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PROACTIVE INVESTORS – Oct 27 – IAC revenue increased 25% in the Q3 to $421.7M. Match.com posted a 31% increase in its sales to $106.2M, fueled primarily by organic growth at Match US and People Media, as well as by the acquisition of Singlesnet and the company's venture with Meetic in Latin America. IAC reported a profit of $17.5M, down from $21.6M a year earlier. On a per-share basis, earnings were flat at 16c as shares outstanding were 21% lower. FULL ARTICLE @ PROACTIVE INVESTORS
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EHARMONY BLOG – May 25 - Apparently Down to Earth, the free version of the Match.com, now redirects to their newly acquired company, Singlesnet.
The full article was originally published at eHarmony Blog, but is no longer available.
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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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EHARMONY BLOG – Mar 25 - eHarmony was the most visited dating site during the busiest month for dating sites. Online Personals sites grew in popularity during the month, experiencing a 5% increase to 24.2M visitors. eHarmony ranked as the #1 Personals site during the month, attracting 5.0M Americans (up 82%), while Match.com ranked second with 3.4M visitors. PlentyOfFish.com attracted 2.8M visitors, followed closely by SinglesNet.com with 2.6M.
The full article was originally published at eHarmony blog, but is no longer available.
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This is the news for February 23rd through March 2nd, 2010. Here is the news we covered:
PR NEWSWIRE – Feb 25 – Match.com has signed an agreement to acquire Singlesnet. Terms of the deal are not being disclosed. Greg Blatt, CEO of Match.com said, “While Singlesnet’s traffic is currently in decline, we believe we can reverse that trend, increase the site’s profitability and improve the overall user experience. This is more of a value acquisition than a strategic one, and Singlesnet will predominantly be run as a standalone business. Nonetheless, the addition of the site’s considerable traffic to our existing aggregation of traffic in this single category should open new monetization opportunities for Match.com’s collective portfolio of domestic online dating brands.”
Adrian Ong, who joined Match from Soulmates Technology, a company acquired by Match.com in 2002, will assume responsibility for Singlesnet. Mr Ong has held various leadership roles within Match.com's International business, primarily in the areas of product and technology, and most recently has led Match.com’s effort to transition its European business to Meetic in connection with its sale last year. Quinn Lipin , Singlesnet's founder, will continue to work for the company in an executive capacity. FULL PRESS RELEASE @ PR NEWSWIRE
Mark Brooks: Traffic is down from over 7 million uniques a month in January 2009 to 4.5 million a month in January 2010 according to Compete. Singlesnet has been rogue-ish in its marketing tactics in the past so its good its coming under Match.com's wing. They can polish the site up and make it less of an embarrassment to the experience that should be 'internet dating,' and then put it to bed.
TECH CRUCH – Feb 18 – We’ve heard a rumor that online dating service and
IAC property Match.com is acquiring Singlesnet. Match is in the
habit of buying up potential competitors. The dating giant scooped up People Media last year for $80M. FULL ARTICLE @ TECH CRUNCH