General News

For the first quarter ending March 31, 2011 Spark Networks reported revenue of $11 million. This is an 8 percent increase in revenue over last quarter (the largest growth between quarters in the last 5 years) and a 4 percent increase when compared to the same quarter in 2010. Spark Networks reported a net loss of $0.2 million in the first quarter due to $1.8 million being spent on direct advertising. In the same quarter last year a net income of $0.9 million was recorded.

Revenue for JDate this quarter was $6.9 million which was the same last quarter. JDate did have a 2 percent increase in subscribers at 91,545.

Revenue for the Other Affinity networks (ChristianMingle, BlackSingles, etc.) was $3.8 million. This is a 35 percent increase over the last quarter. Average paying subscribers was at 81,889 which is a 26 percent increase when compared to Q4, 2010.

Revenue for General Market Networks was down 20 percent to $190,000 when compared to the last quarter. Subscribers also fell similarly (19 percent) to 4,207.

For the full 2011 Q1 release visit Spark Networks News Room.

Related Story: Spark Networks Fourth Quarter 2010 Financials

eHarmony in the United States is having a free communication event this weekend from May 27 to May 30, which falls close to Memorial Day. During this eHarmony event, new and existing members will be able to use the guided communication process for free which allows you to interact with other members by asking and answering questions.

Along with guided communication, members will also be able to create a profile and receive matches at no cost and with no credit card required. Viewing of members profile pictures and Secure Call communication are not included in this promotion.

This will be eHarmony's 34th (I believe) free communication event with the last one occurring for the entire month of February (see Story).

To find out more details on this popular online dating site that matches you based on personality, please check out our eHarmony.com review.

Markus over on the Plenty of flish blog posted that the Plenty of Fish dating service surpassed 6 million logins in one day for the first time on Sunday May 15 (Sunday is usually his peak traffic day for the week). In the post he displayed a point chart which shows that about 4 years ago they had maybe 1.2 million logins per day and since then it has been a slow but steady rise to the 6 million milestone.

For more information on this dating service you can check out our review of Plenty of Fish.

FriendFinder Networks expected to raise $50 million in gross profit from its IPO which started trading May 11, 2011 on the Nasdaq under the "FFN" ticker symbol. The company expect shares to go for around $10 and plan to sell 5 million. The money raised from the IPO has been earmarked to pay down their debt.

FriendFinder Networks stock price currently sits at $5.67 per stock and it has been as low as $5.32 per stock in the past few days.

To find out more about dating sites owned by FriendFinder Networks you can read our review of Passion.com and our review of FriendFinder.

Related Story: FriendFinder Networks Plans To Revisit Public Offering

We are a little late letting you know about Chemistry.com's free weekend in May. It started yesterday (May 13) and goes for 3 days and ends at midnight on Sunday May 15, 2011. Chemistry free weekends allow all members to communicate at no cost. Since members already are able to create a profile and receive matches for free this means that this weekend is the best time for singles interested in finding a long-term relationship to try out Chemistry, and all without having to use your credit card.

The last Chemistry free weekend was in March (see Story). To find out more information about this matchmaking service, please read our review of Chemistry.com.

Last month Jiayuan.com applied to list on the Nasdaq. Well, on May 11th Jiayuan.com (China's largest dating site) opened for trading under the symbol DATE at $11 per share. At one point it reached $11.62 a share but by end of trading it had fallen 4.4 percent to close at $10.52 per share. As of writing this post one share of the company is worth $10.68 US dollars.

From the IPO Jiayaun said they raised $78.1 million from 7.1 million American depositary shares.

For more on this story you can read .