RSVP Dating Site Financials

RSVP
  • Monday, August 31 2009 @ 12:24 pm
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The company which owns the Australian dating site RSVP, didn't perform very well last year. Fairfax Media's revenue for the year which ended in June, fell 27 percent to $605 million AUD when compared to the previous year. The online division of Fairfax which includes RSVP, TradeMe (auctions) and Stayz (accommodation) suffered a 8 percent fall in earnings for the last half of the year. In the several year before 2007 the online division had experienced double digit growth.

The loss of income from online job ads was the cause listed for the earnings drop in Fairfax's online division. It is not mentioned how the dating site RSVP actually performed but from reading between the lines it appears to experienced a marginal decrease in revenue as well.

For more on this news, read The Australian Business and to find out more about the most popular dating site in Australia, check out our RSVP review.