The Match Group to Acquire POF (PlentyOfFish)
The Match Group, the global operator of digital dating products such as Match, Tinder, OkCupid and Meetic, and a subsidiary of IAC, announced today that it has entered into a definitive agreement to purchase PlentyOfFish for US$575 million in cash. I wrote Be...Coffee Meets Bagel Lands $7.8M Funding
Today’s dating industry jaw-dropper is that Coffee Meets Bagel has managed to convince investors to give them almost $8M to continue to build and grow the straggling service. Investors just gave a niche service a huge pot of gold. Full details at TechCrunch....eHarmony’s New EH+
In the last year, eHarmony has made over a million dollars selling high-touch matchmaking services at $5,000 a pop. This is much more interesting than the revelation that 70% of its users say they are not satisfied with eHarmony. Read more at Fast Company....Tinder Turns on The Revenue Tap
Tinder is going to offer freemium services in a few weeks. The new premium service will likely let users break away from location limits and expand their Tinder reach. “We are adding features users have been begging us for,” said Rad. “They will offer so much value we...Cupid Subscriber Count Plummets
I always thought of Cupid as Spark Networks with more adult services. Judging by their current situation, I stand by this. Cupid, which runs subscription-based dating websites such as Cupid.com, UniformDating.com and LoveBeginsAt.com, announced £3m ($4.9m) in pre-tax...
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
@datinginsider
