Yahoo backs down from ‘for-pay’ personal ads
USA Today wrote on 5-22/02 that “Citing customer complaints, Yahoo will soon drop a fee it began charging in October to people who want to place enhanced personal advertisements on its online dating service. But people browsing Yahoo’s personals...uDate Q3 financials and subscriber #’s
uDate owns uDate.com and kiss.com. they reported that Net income before tax for the three months ended September 30, 2002 rose to $3.4 million, representing growth of 554% year on year and 18% quarter on quarter. Subscriber numbers fluctuate with marketing initiatives...match.com 4Q 2001 revenue
From the match.com website, we read that “during 2001, Match.com generated $49.2 million in revenue and $16.5 million in EBITDA with more than 382,000 paying subscribers at the end of the fourth quarter.”Ticketmaster to Acquire Soulmates Technology
Ticketmaster, which owns match.com announced back in March that it was to acquire Soulmates Technology for $23M US in stock. “Soulmates delivers a private-label solution for portals seeking a customized personals interface that takes on the look and feel of...2002 on-line personals industry estimated $250 million
USA today article states that according to Yahoo the on-line dating industry will be a $250M in 2002. Based on what I’ve read this number seems about right, and showing no signs of slowing.Reporting abusive users
The Boston Globe ran an article about the problems people are having reporting abusive or fraudulent behavior on dating sites. Seems like a lot of people’s complaints are falling through the cracks. Someone should develop a reporting blacklist to warn people...Love and Money
In 1994 Gary Kremen joined forces with partner Peng Tsin Ong to start Classifieds Inc. They raised US$1.7 million from Canaan Partners and started a service called match.com. I bet the partners at Cannan are very happy with their long shot. They also mention starting...How to turn a negative into a positive
Another WIRED article from November ’99 where Rufus “Naughty Bits” Griscom and Genevieve Field went from “just another twentysomething Manhattan couple with low-paying jobs and a fascination with sex” to a separated duo hoping to score...One in five singles looks for love on the Web
Rufus Griscom wrote a piece in WIRED Why Are Online Personals So Hot? stating that “One in five singles looks for love on the Web”. Whether this is the result of third-party research or marketing fluff remains to be seen. If you take match.com recent...
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
@datinginsider
