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?

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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.

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