Online Dating

eHarmony Acquired By German Broadcaster ProSiebenSat.1

Acquisitions
  • Monday, November 05 2018 @ 09:59 am
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Parship Elite Group buys eHarmony

Love is in the air for ProSiebenSat.1 and eHarmony. The German broadcaster has purchased the LA-based dating service through its newly formed e-commerce division, NuCom Group. The company plans to merge eHarmony (along with Compatible Partners, an eHarmony owned same sex dating service) with its own online dating platform, Parship. The parties agreed not to disclose the details of the transaction.

“Creating growth and leveraging synergies are key elements of our strategy. This acquisition is an excellent fit. Bringing these two strong brands together will immediately create a world leading online matchmaking company,” ProSiebenSat.1 CEO Max Conze said in a statement.

Parship is one of the most popular dating platforms in the German-speaking and Benelux regions. NuCom Group has developed the company into one of the most successful properties in its portfolio since acquiring a majority stake for €100 million in 2016. Like eHarmony, Parship is focused on long-term relationships and uses a compatibility algorithm based on a comprehensive questionnaire to match users in its database. Parship and sister brand ElitePartner is expected to have 2 million new registrations this year while eHarmony expects 2.8 million.

Badoo Launches New Feature to Curb Ghosting

Communication
  • Monday, October 29 2018 @ 11:13 am
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 Badoo adds and anti Ghosting feature

Badoo announced the launch of a new feature that the dating app company says will curb ghosting.

The feature offers pre-existing responses to users who might have ghosted their matches. For example, if you haven’t responded in three days to a match’s message, you’ll get a gentle nudge with offers of what to say, depending on whether you want to meet the person or just move on. Badoo wants to improve the online dating experience by encouraging users to be more communicative with their matches.

The responses Badoo offers vary. If a user is interested in a date, they can choose: "Hey, sorry for the late reply. When are you free to meet?" If a user is not that into a match, then they can choose, "Hey I think you're great, but I don't see us as a match. Take care!"

Match Group Disputes Claim It Intentionally Undervalued Tinder

Finances
  • Friday, October 26 2018 @ 12:37 pm
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There’s no sign of a slowdown in the legal battle between Tinder co-founder Sean Rad and Tinder’s parent company, IAC/Match Group.

In August, Rad and nine other plaintiffs sued IAC over alleged devaluation. Rad claims the company undervalued Tinder in July 2017 at $3 billion to prevent him from accessing the full value of his stock options. The suit alleges that IAC created “a false picture of Tinder’s financial condition and prospects” resulting in “bogus numbers” and that “through deception, bullying, and outright lies, IAC/Match stole billions of dollars from the Tinder employees.”

IAC is now fighting back with a motion to dismiss the lawsuit, filed on October 9, which claims that Rad “fully participated in the valuation process” of Tinder and shares responsibility for the company being undervalued. Though IAC failed to accurately predict Tinder’s success over the past year, the motion argues, Rad also failed.

Dating App Hinge Launches Feedback Feature “We Met”

Communication
  • Monday, October 22 2018 @ 09:49 am
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Hinge New Feature We Met

Dating app Hinge is getting serious with its mission to help people form long-term relationships. This week, it became the first dating app to launch a breakthrough feature called “We Met,” offering its users an opportunity to give feedback on their dates.

“We Met” will allow two matched members to privately confirm if they actually went on a first date and share how the date went. Hinge will then use this information to suggest better matches, with the goal of refining its algorithms to yield better first dates – ones with relationship potential.

The information users share is kept confidential, so no need to worry about whether your date will find out what you said. The main idea is for Hinge to improve the matchmaking process with more real-world data. (Though if your date gets too drunk or stands you up, for instance, Hinge also allows its users report disrespectful behavior.)

Spark Networks Ordered To Repay Nearly $1 Million To Customers

Legal
  • Friday, October 19 2018 @ 11:42 am
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Spark Networks USA, the Los Angeles-based parent company of numerous niche dating sites including Jdate and Christian Mingle, has agreed to pay $500,000 in penalties and up to $985,000 in restitution to customers after settling a consumer protection action. The money will be paid to users whose subscriptions automatically renewed without notification or who were denied refunds.

Under federal and California state law, consumers must be notified if a subscription is automatically renewed and must give their “express, affirmative consent” before any money is collected. Spark Networks failed to provide clear notification of subscription renewals, according to the settlement, and offered users no opportunity to indicate their consent via a check-box or similar form. The consumer protection action was pursued upon discovery of this violation.

“Consumers always have the right to know where their money is going and companies must comply with California’s laws in order to ensure that consumers understand certain transactions will renew automatically,” San Diego County District Attorney Summer Stephan said in a statement. “This joint effort is a great example of how our Consumer Protection Unit works to protect people from unfair business practices in the marketplace and ensure that California’s consumer protection laws are followed.”

DNA Romance Brings Chemical Attraction to Online Dating

Reviews
  • Thursday, October 18 2018 @ 11:03 am
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DNA Romance

The DNA Romance dating platform disrupts the way people connect online by using Genetics and Psychology to matchmake people based on all three elements of human attraction:

  1. Personality
  2. Chemistry
  3. Appearance

DNA Romance enhances the transparency of online dating by providing evidence based matchmaking going beyond appearance and questionnaires.

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