by David Evans | Dating Industry Finance, Dating Sites & Startups
Buried in the press release about Mark Brooks joining Cupid.com is this interesting tidbit: Cupid.com expects to announce a significant acquisition very shortly. This acquisition will further Cupid.com’s promise of uniting local singles in the real world....
by David Evans | Dating Industry Finance
From ClickZ: Personals/dating held its position as the leading paid content category, with U.S. consumers spending $227.9 million in the first half of 2004. Spending in the business/investment category dropped 8 percent to third place, with $154.9 million this year...
by David Evans | Dating Industry Finance
Vertrue Incorporated (Nasdaq: VTRU), a leading marketing solutions company, announced today that its Board of Directors has authorized a self-tender offer for up to 500,000 shares of its common stock, which represents approximately 5 percent of its outstanding shares....
by David Evans | Dating Industry Finance
Following it’s acquisition of Landmat, Enpocket (previous mention) has raised 9.5 million in a Series C round of financing. The financing was led by new investor Straumur Investment Bank and its subsidiary Bru Venture Capital, with all of Enpocket’s...
by David Evans | Dating Industry Finance
10.1 million members up from 8.5 million a year ago 235,000 paying subscribers Average revenue per subscriber was $75 Average subscriber acquisition cost was $41 Revenue in the third quarter of 2004 was $17.1 million, an increase of 8% compared to $15.8 million for...
by David Evans | Dating Industry Finance
Personals grew revenue by 3% to $49.7 million, driven primarily by a 9% increase in paid subscribers, partially offset by a decrease in average revenue per subscriber. International subscription growth was strong, with paid subscribers up 68% over the prior year,...