Category: Social Dating

SNAP Interactive Reports Q4 And Fiscal Year 2010 Results

Posted on April 1, 2011
Snapinteractive logo MARKETWIRE – Mar 31 - SNAP Interactive, a leading social app provider with ~40M installs across its social dating apps, announced its fourth quarter and fiscal year financial results for 2010. 
– Revenue increased 242% to $2,791,418 in Q4 2010 compared to $816,390 in Q4 2009
– Net loss increased to $382,048 compared to a net loss of $237,555;

SNAP is pleased to report that the quarter ending March 31, 2011 will produce SNAP's highest revenue total ever and represent their eighth consecutive quarter of revenue growth.

The full article was originally published at Marketwire, but is no longer available.

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Badoo: Fastest Growing App On Facebook

Posted on March 21, 2011

Badoo facebook app icon FINANCIAL TIMES – Mar 20 – Badoo, a “social dating” service that helps people to meet new friends online, has become one of the fastest-growing apps on Facebook, this week overtaking Zynga’s popular Farmville game in terms of user numbers. The service is little-known in English-speaking countries, but has become very popular in continental Europe and Latin America, where millions of people use it for online flirting, often leading to offline encounters. “Facebook is about my friends. Badoo is about meeting and discovering other people,” says Bart Swanson, a former Amazon executive who joined Badoo as its COO in September. Badoo, founded in Spain in 2006 by Andrei Andreyev, a Russian entrepreneur, now has its headquarters in London. Badoo's Facebook app now has ~50M monthly active users, according to AppData, adding 1M people every day.

by Tim Bradshaw
See full article at Financial Times

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JDate Slaps Zoosk, OkCupid, And 2RedBeans With Patent Lawsuit Over Secret Admiring

Posted on March 14, 2011

Hot TECH CRUNCH – Mar 13 – JDate has filed a patent lawsuit against 2RedBeans, Zoosk, and OKCupid. JDate alleges that all three companies are infringing the same patent, which states that Sparks Networks (JDate’s parent company) has invented a method or apparatus for automating the process of confidentially determining whether people feel mutual attraction or have mutual interests. JDate has a patent on detecting secret crushes. The suit calls out OkCupid’s QuickMatch, Zoosk’s Scientific Matching Service, and 2RedBean’s Secret Admire function as infringing JDate-owned patent # 5,950,200, titled “Method and Apparatus for Detection Of Reciprocal Interests or Feelings And Subsequent Notification.” Spark Networks wants the three companies to pay damages to JDate for the infringement.

by Leena Rao
See full article at Tech Crunch

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Athens Ranked As Most Flirtatious City By Badoo.com

Posted on March 1, 2011

Athens REUTERS – Mar 1 – Athens topped a “World Flirtation League,” which ranked cities by the number of online flirtations initiated per month by the average user in each on Badoo.com. Moscow came second, while Rome placed 8th and Madrid 31st, Paris 38th, London 57th, Berlin 79th, and New York 89th in the study of nearly 200 cities across the world in which Badoo analysed 12M flirtatious contacts made during a month, with 108M users chatting and flirting in 180 countries.

by Paul Casciato
The full article was originally published at Vancouver Sun, but is no longer available.

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Does Online Flirting Predict Offline Revolution?

Posted on February 21, 2011

Badoo logo PR NEWSWIRE – Feb 17 – While researching something else entirely, Badoo has discovered evidence of a striking correlation between online flirting and offline protest. "We were compiling a league table of the most flirtatious cities in each continent," explains Lloyd Price, Badoo's Director of Marketing, "ranking cities by the number of online flirtations initiated per month by their average Badoo user." Interestingly enough, the most flirtatious African city Tunis. Cairo was Africa's third most flirtatious city. And Africa's 2nd most flirtatious city is Algiers. One answer might simply be age. Badoo's users in North Africa are predominantly "Generation Y", in their twenties and thirties, like those spearheading the protests. And these protesters are wired.

The full article was originally published at Business Insider, but is no longer available.

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Social Media Sites May Be Ready For Romance

Posted on February 9, 2011

Areyouinternested app logo CNBC – Feb 8 - Dating has always been a “social” activity, but could social networks win over the dating crowd? “To some degree the answer is yes,” says Marshal Cohen, chief analyst at the NPD Group. Social networking could solve many of the complaints of traditional dating sites he says. “It can be almost like a full time jon", says Cohen. “People need to weed through the potential matches and that’s a big investment of time.” Facebook could have an advantage over dating sites, because love can be found when you’re not even looking for it. And then there are the companies that are adding the love element. The Facebook app Are you Interested reportedly has ~13M users, which rivals the number of users for Match.com and eHarmony. This month Badoo.com announced that it has passed 100M users, mixing social networking and online dating. FULL ARTICLE @ CNBC

See all posts on Badoo              See all posts on AreYouInterested
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Video Web Chat Now Available On Mamboo

Posted on February 9, 2011

Mamboo logo PRESS RELEASE – Feb 8 - Mamboo, the UK’s newest dating site, has launched a free video live chat service. Mamboo's system will automatically identify a connected web-cam and activate the video chat button when a member goes online but none of the conversations can be started without the user's permission. Since its launch the Mamboo social community has grown rapidly and now has ~ 95K members.

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Zoosk’s 2010 Sales Up 250% To $90 Million

Posted on February 9, 2011

Zoosk logo new TECH CRUNCH – Feb 8 – That’s up from $20M in revenue in 2009. Zoosk says that sales growth was driven primarily by sales of its premium subscriptions, which are offered in 60 different countries around the world. International expansion is a big area of growth for the dating site, which has support for 25 different languages and has started a global advertising campaign. Launched in late 2007, Zoosk has raised $40.5M in new funding, and rolled out a proprietary matching technology, which has suggested more than 700M matches since it was first launched in September 2010. FULL ARTICLE @ TECH CRUNCH

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Thread.com Ist Kaput

Posted on February 2, 2011

Threadcom logo OPW – Feb 2 – Thread.com, despite $1.2 million in funding from gold VC group Sequioa, is now kaput. Shame. The Thread.com link drove to likeevents.com for a while, and now it just drives to Agora.com, a 'passport for life and work.' Another dud site. RIP Thread.com. Congratulations Zoosk, for stealing their thunder.

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Badoo Has Reached The 100 Million User Mark

Posted on January 27, 2011

Badoo logo MOBILE ENTERTAINMENT – Jan 26 – Social dating company Badoo has reached the 100 million user mark with 300,000 new users per day. The four year-old start-up is a global, multi-lingual, location-based, social dating network, focused on chatting, flirting and meeting new people. Badoo is available in 180 countries and its site receives 7 billion page views per month. Badoo's Facebook app is used by over 23 million people per month and ranks seventh in the top 10 of all Facebook apps. “The first and biggest shift is from ‘marital dating’ to ‘social dating’ or casual dating”, says Bart Swanson, Badoo's COO.

The full article was originally published at Mobile Entertainment, but is no longer available.

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