Milestones

Match Group Stock Rises, Fully Acquires Dating App Hinge

  • Monday, February 18 2019 @ 10:06 am
  • Contributed by:
  • Views: 1,597
Match Group Acquires 100% of Hinge

Match Group announced that it has fully acquired dating app Hinge, owning 100 percent of the company along with other high-profile brands like Tinder and OkCupid. This news comes on the heels of Match Group’s announcement that it exceeded revenue expectations in the last quarter of 2018, causing its stock to rise.

Previously, Match Group stock had been downgraded from hold to buy by Deutsch Bank analysts. But with the earnings report, its stock climbed more than 5 percent.

Part of the appeal of Match Group to investors is that it has acquired a host of popular dating apps, including Hinge. The app has been through a rebrand over the last year, focusing on attracting more serious daters.

Bumble Confirms Ad Featuring Serena Williams Will Air During SuperBowl

  • Saturday, February 02 2019 @ 09:39 pm
  • Contributed by:
  • Views: 539

Bumble confirmed that a new ad featuring its latest celebrity partner Serena Williams will debut during the first half of the SuperBowl.

According to AdWeek, Bumble teased a new campaign with the tennis star, admitting that it would coordinate with the SuperBowl, though it wasn’t clear if they were planning to air an ad during the game, one of the most-watched annual events in the U.S. (and one of the most expensive ad buys). Bumble has now confirmed their first SuperBowl ad will feature Serena Williams and their new campaign “The Ball is in Her Court.”

Bumble, a female-friendly dating app, is serious about its female-empowerment mission. Over the past few years, the brand has debuted offerings that appeal specifically to women, such as partnering with Moxy Hotels to offer BumbleSpot – verified locations where Bumble users can meet for dates, career networking, or potential new friendships - in an effort to create safe spaces for women.

Match updates Website and Dating Apps

  • Friday, January 11 2019 @ 05:30 pm
  • Contributed by:
  • Views: 1,517

In late 2018 Match did a major update for both their website and dating apps (iOS and Android). They dropped a number of features and made the navigation simpler to use. In a sense Match has gone back to the basics of online dating, offering only the key features needed to search, match and message.

The apps and website more closely mirror each other now with this new version in terms of design and features. One of the main things you will notice when you first launch the new app or log into the website is the updated color pallet. Gone are the washed out darker blues. In its place you have a much more vibrant blues. This makes things pop more on the screen. Profiles also stand out more in searching and matching as they appear on screen larger. Other changes include:

Bumble Launches BumbleSpots to Help Its Members Meet IRL

  • Thursday, November 29 2018 @ 09:18 am
  • Contributed by:
  • Views: 946
A BumbleSpot Verified Decal

Bumble disclosed in an exclusive to website Bustle that they will soon be launching a new feature called BumbleSpots to help its members meet face-to-face.

BumbleSpots offers Bumble-verified locations where its members can meet so they feel safe grabbing a drink with a match for the first time IRL. It’s a new way for the female-friendly dating app to appeal to its prime market: single women.

Getting people to meet in person instead of messaging each other over a dating app is no small feat. Tinder and Hinge have been trying different approaches to get users to meet face to face, but it’s still a difficult proposition. This is especially tough for female daters, who feel unsafe meeting strangers at locations or neighborhoods that are unfamiliar. Bumble wants to remove as many barriers as possible for women to feel more empowered in the online dating process - not only to reach out via a dating app, but also initiate meeting in person.

Meet Group Livestreaming Video Milestones Reached

  • Monday, November 05 2018 @ 03:32 pm
  • Contributed by:
  • Views: 744

In the pass year The Meet Group has doubled down and put the focus on live video steaming for their social entertainment apps including MeetMe, Skout, Tagged, and LOVOO. Live video streaming from real members keeps everyone engaged and has increased their mobile daily active users significantly. With the introduction of Live streaming last year and with the final roll out for all apps in August of this year with LOVOO (there most trafficked app), The Meet Group has been able to diversify revenue mix consisting of in-app purchases, subscription, and 3rd party advertising.

eHarmony Acquired By German Broadcaster ProSiebenSat.1

  • Monday, November 05 2018 @ 09:59 am
  • Contributed by:
  • Views: 1,322
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.

Page navigation