Monster.com Losing Money on Dating

by David Evans on August 15, 2008 in Dating Industry Finance

Non-core online dating and video sharing ($3.1 million deficit on revenue of $2.3 million in 2Q08) has been reclassified as a discontinued operation.

Remember that $30 million purchase of Tickle and LoveHappens?

Be Sociable, Share!

No related posts.

{ 1 comment… read it below or add one }

Jared Friedman August 18, 2008 at 12:12 am: Yes, I hear they’ve laid off most of Tickle’s engineering team. Total write-off for Monster.

Reply