Milestones

Happn, a France-based dating app that uses geolocation to connect singles who cross paths in everyday life, has reached a major milestone: 10 million members.

The app works much like Tinder, but on a hyperlocal scale. When you walk by another user, their profile is added to the top of your feed. Every potential match you see was near you at some point during the day. The more you scroll, the further back in time you go. Tap a heart to like the profiles that catch your eye and dismiss the rest by tapping a cross. If there's a mutual match, you can start chatting for free.

“When we launched Happn in 2014, we aimed to fill a void in the online dating scene by offering a way for people to connect with those they’ve crossed paths with in real-life – and really, a way to put the spontaneity back into dating,” said co-founder and CEO Didier Rappaport, in a statement.

The strategy seems to be working. Happn is reportedly on track to reach 30 million users by the end of the year.

Millions of happy daters aren't the only big news for the app. Happn has also announced a new voice feature that will allow users to send audio recordings up to one minute long to each other. Happn hopes that the clips will make it easier for users to showcase their unique personalities before meeting up.

Rappaport said in a statement: "This new voice feature provides our members with another opportunity to connect on a more personal level and create meaningful relationships."

To use the new feature, click the mic icon that now appears inside a conversation chain. Hold the button down while recording and release it to finish. When it's complete, you can either send the message or cancel it. On the receiving end, a user simply needs to click on a recording to listen to it. The feature has already rolled out to all iOS and Android users.

Rappaport told Business Insider last November that a number of new features are planned for Happn in hopes of catching up with rival Tinder. "For us, the evolution of our product is really important," he said. "We want to make a service that is more and more rich for our users and one that allows them to express themselves much more."

"The voice is something that is very emotional," he continued. "Just listening to the voice of someone else can give you a lot of impression."

As for what else the future holds for Happn, we'll have to wait and see.

Friends Reunited won’t be available to message, post and keep in touch anymore. The once-popular social site, founded in 2000, was left in the dust by rivals such as MySpace and later, to a larger extent, Facebook.

Friends Reunited has a turbulent history. At one point a tech darling after quickly gaining three million subscribers in 2003, it was sold to ITV in 2005 for 125 million pounds, or about $208 million US. At its peak, 23 million users were on Friends Reunited.

But what the company didn’t intend was that employers would begin to use the service to check on potential and current employees, gauging what they said on social media as opposed to how they conducted themselves at work. It led to businesses using the site as a way to spy on employees, gathering information such as whether an employee was looking for another job, what they were saying about co-workers, or what interviewees and potential employees were saying online that could be potentially harmful.

At one stage, according to UK newspaper The Telegraph, Friends Reunited was blamed for a spike in the divorce rate on the grounds it encouraged classroom sweethearts to rekindle romances.

Instead of a positive, uplifting social experience where people felt secure to engage and share, the company found its platform being used as a way to spy on people for bad behavior. Naturally, users over time stopped posting and using the service. Membership dropped, especially when Facebook entered the picture a couple of years later. While Facebook continued to gain users, Friends Reunited found itself floundering.

The company was sold yet again in 2009 to DC Thompson for only 25 million pounds, and had only a fraction of its user base still active on the site. In 2012, the company decided to do a reboot and rebrand itself “Memory Box,” hoping to take on Facebook’s rapid growth. Memory Box did not succeed.

In 2014, DC Thompson offered the platform back to the original founder of Friends Reunited Steve Pankhurst, who thought he could restart the fledgling website. But in an announcement made on self-publishing platform Medium, Pankhurst announced its closure in January.

He wrote on Medium: "The first part of our plan was to put Friends Reunited back to make it more like the original site  --  that is, listing your schools and memories of your school days." However, this didn't really happen.

Pankhurst is now working on a new social media site called Liife, which allows you to upload photos and mark and share them with friends to identify significant “moments,” like trips, awards ceremonies or graduations. He said the new site would in no way replace Friends Reunited.

The related service Friends Reunited Dating still appears to be in operation and is not affected by the closing of the social service Friends Reunited. For more information on dating site please read our review of Friends Reunited Dating.

eHarmony is saying 'Hola!' to a new site designed to serve Spanish-speaking singles. The company says the new addition to the eHarmony family, eHarmony.com/espanol, will provide a fully translated, localized experience for the 37 percent of bilingual users who speak Spanish.

As always, eHarmony used its famous research-based approach to build the compatibility model that is the backbone of the Spanish site. To update it for a new audience, the algorithim now takes into account linguistic and cultural nuances that are important in the matching process.

“In the last few years, we have seen online dating come into its own and today we are seeing growth in every user demographic,” said Dr. Neil Clark Warren. “That trend continues around the world as online dating is recognized as a way to meet someone special. Our purpose has always been to help our users find lasting, meaningful relationships and the launch of this site represents another way to reach those who are hoping to be found by that perfect partner and confidant.”

The development of this new site speaks directly to the company’s continued growth as a global brand. eHarmony hopes to appeal to an increasingly large demographic of online daters in Latin America, where online dating is growing at a rate of 20 percent year over year according to independent market research.

New features will become available on the site in the coming months, including mobile access and localized experiences for Spanish-speakers around the world. Beginning in December, current eHarmony users can elect to fill out a mini-questionnaire in Spanish to be better matched with those who set up their profiles in Spanish.

eHarmony has every reason to be invested in its global growth. According to a report published on eHarmony.co.uk, 50 percent of all relationships could begin online by 2031. By 2040, that number could jump to 70 percent. As profits increase along with the number of users, eHarmony wants to be at the forefront of every new development.

To celebrate the release of eHarmony.com/espanol, eHarmony has introduced a friends and family special. New users can get three months free when using the promo code “AMIGOS2015”. eHarmony.com/espanol is currently available in the United States and will be introduced in several other countries, including Mexico and Spain, over the course of 2016.

For more information, visit eHarmony.com/espanol or read our eHarmony review or eHarmony.co.uk review

Usually makeovers come with the New Year and the soon-to-be-forgotten resolutions, but Spark Networks is starting early. The company has given its two most recognized brands, JDate and ChristianMingle, a head-to-toe refresh for the end of 2015.

Both brands have been redesigned inside and out. In addition to sleek new appearances, the sites have been updated with improved back-end platforms, new mobile-optimized features and easier-to-use functionality.

This is all part of Spark Networks' year-long strategic vision for boosting profits and subscriber engagement. Despite its strong legacy in the online dating business, Spark Networks had stalled while the rest of the industry modernized. With the relaunch of its two core brands, the company hopes to reposition itself once again as a leader in the niche dating world.

JDate is the first of the two legacy brands to debut the results of its makeover. Some of the updates and new product offerings include:

• A cleaner, more streamlined user experience that simplifies interactions
• A new “daily matches” feature that presents a curated collection of matches tailored to each member
• An improved user experience for iPad/tablet users
• An expanded mobile presence and improved mobile capabilities
• A redesigned inbox to make interactions between users even easier

ChristianMingle has not yet debuted its renovation, but look for it in the coming weeks. Not only will it incorporate many of the features from the new JDate platform, it will also reposition the site as a more open, contemporary and diverse community based on the Christian faith and values.

After a year of ups and downs, this could be the breakthrough Spark Networks has been looking for. The company revealed a drop in year-on-year revenue and a net income loss of $822,000 for the quarter when it shared its Q3 2015 financial results. On the plus side, subscriber growth was on the uptick for the first time since Q1 2013 and Spark's mobile presence has expanded significantly this year.

“At the beginning of this year we set an aggressive plan to rebuild our two key brands – JDate and ChristianMingle – to become relevant again to our customers and drive fundamental change in business performance,” said Michael Egan, Chief Executive Officer of Spark Networks.

“It has been an exciting and successful year with tremendous growth and development momentum. The changes and upgrades we are debuting today are the first step to strengthening our portfolio to become more nimble and innovative, as we build valuable products and services for our members.”

For more information on these 2 dating services you can read our reviews of JDate and Christian Mingle.

Match Group is hoping to live happily ever after with Wall Street. The company, owner of more than 45 online dating brands including Tinder, OkCupid, and Match.com, has filed for an initial public offering of its stock.

Match Group filed for the IPO of common stock with U.S. regulators on October 16 with an offering amount of $100 million, but that figure is a placeholder that could change in the future. The company is set to operate under the ticker symbol "MTCH" on NASDAQ.

Following the IPO, IAC/InterActiveCorp., which owns Match, would retain control of more than 50% of voting rights under its ownership of Class B shares, which have 10 votes apiece. Match will contract with IAC for “administrative and other services,” but the exact amount of distance between IAC and Match Group going forward is so far unknown.

Here are some of the highlights of Match's SEC filing:

• Match makes serious money. The company had $888.3 million in revenue and $148.4 million in after-tax profit in 2014. For the first six months of 2015, revenue was $483.9 million and net earnings were $49.3 million. Match might hit $1 billion in revenue this year.
• Growth is steady, though not explosive. Wall Street wants to invest in technology companies that grow rapidly. Match Group doesn't meet that criterion, but growth between 2013 and 2014 was 10.6 percent. Between 2012 and 2013 it was 12.6 percent. The rate is nothing for the record books, but it's healthy and sustainable.
• Paying customers make up a surprisingly small percentage of total users. Match Group claims 59 million monthly active users across 38 languages and 190 countries. Of those 59 million, only 4.7 million pay to use the services. The company's income is in the hands of only 8 percent of its customers.

Although the online dating segment seems saturated, the IPO prospectus includes opportunities for future growth. According to the filing, the addressable market is currently about 511 million. That number is expected to grow to 672 million by 2019. Increased adoption of mobile and the Internet, the aging of the population and the increase in the number of singles are all positive trends for the industry.

Of course, there are risk factors too. Cybersecurity is more important than ever, and Match Group admits that it can't guarantee protection from attacks. Match also notes that one of its most important assets, Tinder, could essentially be destroyed if Facebook alters the terms and conditions for connecting with the social network. It remains to be seen if these issues will cause risk-averse Wall Street to balk.

The underwriters for the IPO include J.P. Morgan, Allen & Co. and Bank of America Merrill Lynch.

For more information on the dating services owned by IAC, you can read our reviews on Match.com, OkCupid, and Tinder.

When you think of dating apps, likely you think of Tinder. And while Tinder continues to attract volumes of daters along with a lot of investment dollars, and is the one most people are familiar with, other app developers have been patiently waiting on the sidelines growing their businesses. Now, at least one is realizing the benefits.

Happn is just such an app, raising a $14 million Series B round through investment companies and individuals. The interest in the app is due to its explosive growth. In a very short time, the company has gained 6 million users and expanded to 25 countries. A year ago, the company had raised $8 million, and had only 200,000 users.

Happn was created in France, and uses a different technique than just GPS and swiping based on mutual interests and likes. Instead, it focuses on your real-life interactions, or – more specifically, interactions that never took place, but maybe you wish they had.

Happn works like this: if you pass someone on the subway as you’re going home from work who catches your eye, but didn’t have the courage to talk to him/ her, you can check your Happn account. If that person is on Happn, his/her profile will be added to the top of your feed. You are given an opportunity to connect again in real life, just by swiping right. If you mutually match, you can start chatting with each other.

The more you swipe through Happn’s potential matches, the further back you go in time. It is the ultimate app for romantics and star-crossed lovers, because it is offering you the ultimate second-chance on people you meet who strike your fancy, but for whatever reason, you didn’t connect that first time.

When Happn first launched Business Insider wondered if it wasn’t a bit creepy – like looking up someone you don’t know just because you caught her eye on your way home from work. Would it be a form of stalking? But Happn insisted its app was based on the idea of romantic love and serendipity – two things that only happen when two people see each other face to face. Why not give everyone a second chance at love?

It seems people agree with the notion of serendipity, and have gravitated to the app. With all the articles on “the dating apocalypse” and how online dating has become synonymous with casual hook-ups – which are decidedly NOT romantic, it is important to see that people do still crave a little mystery, a little romance. And they are still looking to dating apps like Happn for help.