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IAC Reports Q4 2014 Results

DateHookup.com
  • Tuesday, March 03 2015 @ 06:48 am
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  • Views: 2,205

IAC released its Q4 2014 financial results at the beginning of February, reporting a 9% decline in profit for the fourth quarter from last year. Though revenue growth was in double digits, it was offset by higher expenses that ultimately led to the decline in profit. On the plus side, both revenue and adjusted earnings per share for the quarter beat analysts' estimates.

Here are some of the highlights from the report:

Female-Centric Dating Apps are on the Rise

Lulu
  • Monday, January 05 2015 @ 06:35 am
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Bye Felipe has become an Instagram sensation, with female daters posting their awkward, annoying, uncomfortable and sometimes even harassing message trail with other online daters, mainly men. It seems that in the wake of Tinder’s popularity, there have been a few casualties and women are looking for a more genuine tool to meet guys, sans the weird pick-up lines.

While there isn’t a dating app that can screen or prevent all creeps from making their way into your matching possibilities, at least some apps give women the power to decide what we will and will not tolerate.

Following are a few to watch for in 2015:

Bumble

Bumble. While I’m not a fan of how this app came about – it’s the brainchild of Whitney Wolfe, one of the former Tinder executives who also filed a sexual harassment lawsuit against co-founder Justin Mateen. And since she walked away with a bit of money from a settlement, she has decided to launch her own dating app, where women decide who they want to meet (and have 24 hours to make that decision before the option disappears). According to its marketing, the app “promotes a safe and respectful community…Bumble suggests matches based on more relevant signals than other, more shallow apps.”

LuLu

LuLu. This has been around for a couple of years, allowing women to rate their dates and share information about men with other female app users. While LuLu sounds like it has the potential to be a giant slam book, many women also use it to promote their guy friends who are looking for love – kind of an online voucher for a guy’s character. The Grade is another new app that has a similar kind of review system through – you guessed it – grading them. If you get an “F” guys? You’re off the site.

Siren

Siren. True to its name, Siren allows women to put a question out to men they choose on the site (or to all men in their area) to schedule a last-minute date. For instance, a woman could ask: “want to meet up for a jog?” - and then see who responds. She can also browse profiles in private without revealing herself.

JessMeetKen

JessMeetKen. This online dating site works through Facebook connections, and allows women to post a profile of their male friends who are looking for love, recommending them to other women. (Think of that guy you really like but just aren’t attracted to.) The guys all come recommended by a woman, so it’s less likely the men you’ll be meeting will be creepers, which makes it worth it even if you aren’t a match.

Happy dating!

Map Shows Your State’s Favorite Word To Use In Online Dating

Lulu
  • Friday, December 12 2014 @ 06:21 am
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United States Map

How much do people in Indiana love auto racing? So much that NASCAR is the most frequently used word in online dating profiles from the state.

Mashable recently teamed up with Match.com to analyze thousands of US-based online dating profiles and discover how daters differ from state to state. Anyone who ventures into the untamed wilds of online dating quickly discovers the same words and phrases appear over and over again. Surprise: it turns out that pretty much everyone likes all music except country. Yawn.

Tired of feeling like all online dating profiles are the same, Mashable and Match broke down which words are used with relative frequency in certain states, compared to relative frequency in the rest of the country. If you're in the mood for making the most cliché online dating profile possible, find your location on this map and see what daters in your state are most obsessed with.

Here are a few highlights:

  • California: desert
  • New York: museum
  • Texas: oil
  • Florida: Disney
  • Alaska: cabin
  • Georgia: grilling
  • Hawaii: surf
  • Nevada: casino (duh)

Match and Mashable aren't the only ones who recently delved into state-by-state dating. The dating app Lulu (think Yelp, but for ranking and reviewing men) did some research to find out who the most popular man in each state is. Female Lulu users can anonymously rate men they know on everything from looks, to ambition, to relationships. to, yes, sex. Lulu also recently introduced anonymous messages and questions called "Truth Bombs.”

As you can probably imagine, the app was controversial when it first launched, but Lulu has since cleaned up its image and allowed men to sign up for the service. They can’t rate women, but they can promote their profiles.

The men in this experiment (all Lulu users themselves) were rated on a scale of 1-10 by women who know them. Business Insider reports: “While there are no perfect scores in the US, a man in Texas and a man in Illinois men both received a 9.7 score. Their friends used the following hashtags to describe them: ‘#DoesDishes,’ ‘#RemembersBirthdays,’ and ‘#OneOfTheGoodOnes.’”

All descriptions in Lulu are hashtags, because longer free-form answers could earn the writer an accusation of libel. Some of the top hashtags include #OpensDoors, #CaptainFun, #MakesMeLaugh, #RespectsWomen, #AlwaysHappy, #CanTalkToMyDad, #NerdyButILikeIt, and the simple but effective #NotADick.

For a full list of the winning men, see the original post on Business Insider. For more on one of the dating services that conducted the study please read our review of Match.com.

Snap Interactive Reports Q3 2014 Financial Results

Are You Interested (AYI)
  • Thursday, December 04 2014 @ 06:45 am
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  • Views: 1,533

Q3 2014 financial results are in for Snap Interactive, owner and operator of AYI.com, and things are looking rosy. How rosy? Positive operating cash flow, higher revenues, and reduced net loss rosy.

Snap Interactive reports the following highlights in a press release:

  • Positive operating cash flow of $0.4 million
  • Third quarter revenues increased by 16.5%
  • Bookings increased by 16.7% over the comparable 2013 period (a fourth consecutive quarter of revenue growth)
  • Positive Adjusted EBITDA of approximately $155,000, an improvement of approximately $1.2 million year over year and $93,000 sequentially
  • Net loss of $218,000, an improvement of $1.5 million year over year and $42,000 sequentially
  • Increased active subscriber count by 30% in the first nine months of 2014
  • New subscription transactions increased approximately 34% in the nine month period, compared to the same period in 2013
  • Commenced development of a new mobile-only app for iOS

Snap's Chief Executive Officer, Clifford Lerner, commented, "We are delighted to have successfully achieved the target we announced to the market in January 2014, that Snap would deliver positive cash flow in the quarter ended September 30, 2014. The $377 thousand of cash generated from operations for the quarter ended September 30, 2014 contributed to an increase in cash of approximately 67% during the quarter ended September 30, 2014. The business growth and discipline that got us here has also delivered two consecutive quarters of positive Adjusted EBITDA."

Snap's Chief Operating Officer, Alex Harrington, adds, "Snap also invested significantly in future growth in the most recent quarter. Though the Company expects future gains in AYI subscription revenue, the vision for Snap includes growing from a single application to a portfolio of applications. The Company undertook several initiatives to position itself to scale the business across multiple dimensions."

Those initiatives include launching optional premium add-on features, diversifying the company's marketing sources to expand its reach, increasing the prominence of the company's native mobile apps to consumers, and beginning development on a mobile-only iOS dating app that targets younger users.

Lerner concluded, "We are excited to hit our financial objectives and deliver on our promises to the market. We have an exciting roadmap ahead of us for AYI, with the goal of improving retention and revenue generation. And with the prospect of new application releases, the future is bright for Snap."

Are You Interested Achieves #1 Grossing Ranking in iTunes

Are You Interested (AYI)
  • Monday, September 01 2014 @ 10:40 am
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  • Views: 1,882

SNAP Interactive has made its online dating site Are You Interested (AYI) a priority, and it looks like it’s paying off. The company announced that AYI has become the number one grossing application in US Lifestyle category in the Apple iTunes Store as of August.

The company hit other big milestones, too. In July, its mobile apps contributed to the highest percentage of total logins ever, at 38%. New mobile subscription transactions were up 57% year-to-date compared to the same period in 2013, and total mobile logins were up 33% YTD compared to the same period in 2013.

AYI began as a Facebook-based online dating site, and has since expanded to its service to develop its mobile platform. SNAP said that it has put a huge focus on mobile in the past year, specifically improving the user experience for iPad, iPhone, and Android phones. The goal was to create a seamless cross-platform experience for everyone, no matter what device they were using.

Mobile has become a crucial part of the online dating market, and its numbers are only going up. Traditional online dating sites have been developing and marketing their mobile platforms for this reason – many daters want more ease and accessibility - and don’t want to have to sit in front of their laptops when they can use their phones to connect with potential dates. Popular apps like Tinder, Hinge and Grindr have also created a new market of younger daters who find dating via phone apps to be the most convenient way to meet people.

Snap's Chief Executive Officer Clifford Lerner commented, "Mobile is the primary platform for an increasingly large segment of online dating users, and we were determined to create an excellent experience on all mobile platforms to take a leadership position in the market.  We're excited to be the #1 Top Grossing application in the US Lifestyle category in the Apple iTunes store.  It shows that iPhone users have really embraced the AYI app and user experience we worked so hard on.  We believe mobile is an important engine of growth in the online dating industry, and we're pleased to be one of the leading providers of online dating applications."

Snap's Chief Operating Officer Alex Harrington added, "Mobile is not only strategically important, but also a very lucrative platform for the Company.  In July 2014, approximately 52% of our user acquisitions occurred on mobile platforms, which helped diversify marketing sources and increase marketing efficiency."

SNAP Interactive hasn’t mentioned any future development plans for AYI. For more on this dating service you can read our Are You Interested review.

New Dating App Siren Puts Women in Control

Siren
  • Saturday, August 30 2014 @ 09:37 am
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  • Views: 2,256

For the single women reading, how many lewd messages have you received on OkCupid in the past month? How many guys have stalked you over Tinder? If you answer “too many” for either one, you might be ready for a new kind of dating app called Siren.

Siren is an alternative to the typical dating apps like Tinder, where many men swipe right to have more women in their cue - meaning, they play the numbers. They make the first move, often approaching women in a way that makes them feel pressured, uncomfortable, or just plain creeped out. It’s become a kind of risky game for some women, where they aren’t sure if they will meet someone and feel safe. If they don’t, the whole dating app experience becomes tainted.

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