ParshipMeet Group

What do singles value most in potential partners? Is it humor? Generosity? Confidence? Intelligence? eHarmony’s inaugural Singles & Desirability Study, conducted in April 2019 by Harris Interactive, takes a deep dive into what Americans really want out of their dating lives.

The study found that both men and women want a partner who is kind, funny and honest. More than half of all singles said honesty is the most important attribute to consider when deciding who to date. Kindness (44%) and a sense of humor (34%) were named the second and third most desirable traits, respectively. While men were two times more likely than women to prioritize physical attraction, attractiveness ranked fourth overall.

The Meet Group, a portfolio of mobile social entertainment apps including MeetMe, LOVOO, Skout, Tagged and Growlr, released financial results for its first quarter ended March 31, 2019. The company reported revenue of $49.5 million, an increase of $11.9 million (or 32 percent) from $37.6 million in the first quarter of 2018.

Other highlights from The Meet Group’s Q1 2019 financial report include:

• GAAP net income of $1.3 million, or $0.02 per diluted share, compared to a GAAP net loss of $4.2 million, or a loss of $0.06 per diluted share, in the prior year quarter.
• Adjusted EBITDA of $8.1 million, compared to Adjusted EBITDA of $5.2 million in the prior year quarter.
• Non-GAAP net income of $7.0 million, or $0.09 per diluted share, compared to $4.1 million, or $0.05 per diluted share, in the prior year quarter.

Are you an Us Weekly reader? If so, you’re in luck. The popular entertainment and gossip magazine just announced that eHarmony is offering its readers an exclusive discount of 20 percent when they join.

Us Weekly said the offer is for a “limited time only,” but didn’t state how long the promotion will last.

eHarmony is a longtime competitor in the online dating world, and one of the big selling points is its matching algorithm. Its success rate is notable. The service matches one couple every 14 minutes according to their website, and according to a survey from 2018, eHarmony is the number one trusted dating site brand. eHarmony is focused on appealing to more serious daters, as opposed to competitors like Tinder.

Image: Sensor Tower

After more than two years in the top spot, Netflix is no longer the world’s highest-grossing non-gaming mobile app. That title now goes to Tinder, which grossed $260.7 million from the Google Play Store and the Apple App Store in the first quarter of this year.

App store intelligence firm Sensor Tower recently released its rankings of the highest grossing apps in the United States and worldwide for Q1 2019. Overall, global app revenue reached $19.5 billion last quarter, up nearly 17 percent year-over-year. Consumer spending on Apple’s App Store totaled approximately $12.4 billion globally, while Google Play revenue grew 20.2 percent year-over-year to approximately $7.1 billion. The world is increasingly moving to mobile, and for companies that are prepared to capitalize on the change, the potential for profit is huge.

The Meet Group has acquired Growlr, a free dating platform for the gay bear community. Growlr joins MeetMe, Lovoo, Skout and Tagged in The Meet Group’s portfolio of mobile social entertainment apps, a move that marks the parent company’s first foray into the LGBTQ market.

The Meet Group acquired Growlr for $11.8 million using a combination of $4.8 million in cash and $7 million from its existing line of credit. The company pledged an additional $2 million to be paid in annual $1 million installments over the next years if certain revenue metrics are achieved. Geoff Cook, Chief Executive Officer of The Meet Group who co-founded the company as MyYearbook.com in 2005, called the deal “a meaningful step into the large same-sex dating market.”

How in love are couples in America? What exactly makes a relationship thrive? For the second year running, eHarmony has released The Happiness Index: Love and Relationships in America to answer these questions and others. The national survey took place online between December 13, 2018 and January 3, 2019, with 2,327 interviews conducted by Harris Interactive.

eHarmony wastes no time announcing the good news: 83 percent of Americans are happy in their romantic relationships. Those who are blissfully paired up say the secret to their success is having a monogamous relationship with open communication, a healthy sex life, and an equal partnership between both halves. Only one in nine people say they are unhappy with their partner or spouse. These troubled couples are often together for companionship rather than love, have infrequent sex, and feel a sense of inequality in their relationship.

This year, a strong correlation between romantic happiness and an interest in social justice issues emerged. Couples who reported shared awareness of important cultural movements, such as #MeToo, also reported increased relationship happiness. Additional links emerged between relationship happiness and openness about mental health, honest political discourse, and voting in the 2018 midterm elections.