MeetMe

The OASIS Consortium published its first set of safety standards for the next generation of the Web, which includes the metaverse. The goal is to create a blueprint for how companies and developers should approach online safety going forward.

The Consortium was founded in 2021 shortly after the insurrection at the Capitol in the U.S., a day where a mob terrorized and threatened lawmakers ahead of the certification of Biden as President. Investigations into the riot have shown how social media, particularly Facebook and its outsized influence, has helped to radicalize people when it comes to their political viewpoints.

According to Time Magazine, The Consortium addresses issues across a number of tech industries, including dating apps, video games, and immersive tech platforms that are leading the way into the metaverse, or what’s called Web 3.0. Leaders from Riot Games, The Meet Group (which owns dating apps like MeetMe, LOVOO, Growlr, and Skout) and others have helped to develop these standards for improving safety and privacy as people spend more time online.

ParshipMeet Group, parent company for popular dating apps like eHarmony, MeetMe and Skout, has started preparations for its initial public offering, notably on the heels of Bumble going public earlier this year.

According to Reuters, ParshipMeet Group’s IPO is scheduled for the first half of 2022, but there is some speculation that it may be pushed back in light of Bumble’s falling stock price in recent weeks. ParshipMeet is estimated to be worth upward of $4.1 billion, based on its core earnings, and the company reported revenues of 280 million euros for the first half of the year, up 19 percent.

ParshipMeet is 43 percent owned by General Atlantic and 53 percent by German broadcaster ProSiebenSat.1 Media. These co-owners have begun to invite banks to help organize the initial public offering, but the company has not confirmed who they have invited or begun working with.

The Meet Group’s revenue and profits soared past original milestones for Q2 of this year, thanks in part to so many singles turning to dating apps during coronavirus lockdowns.

The company beat Wall Street estimates, with net income at $10.3 million, up from $2.2 million in the same period last year. This was a huge jump – resulting in a 373% increase in profits for the company. According to Philadelphia Business Journal, The Meet Group did not conduct an earnings call with investors over Q2 results, nor did they speak to the publication about the increase, and what part of its business was generating the most income.

Dating app Plenty of Fish has added a new game called Blind Date to POF Live!, a streaming platform for its users.

Blind Date is a twist on the traditional real-life experience, according to the company’s blog post. Instead of seeing your date for the first time when you meet, your virtual “blind dates” are blurred out so you can’t see who you’re chatting with – so personality and conversational skills are front and center. Each virtual date is timed, and as you chat longer, your date becomes less blurred. At the end of the timed chat or when you choose to message them, your blind date’s image is revealed.

In order to play Blind Date, you can join Live! via the POF home screen on the app. When you’re in Live! select DATE, which will take you to NextDate so you can scroll through users who are playing Blind Date. These users who are actively playing are highlighted, so you can join their stream and play, too.

The Meet Group, parent company of dating apps like MeetMe, Skout, Tagged, GROWLr and LOVOO, has partnered with personal safety app UrSafe to offer users an array of new security options when they date. 

Through the “Date Night” feature on these dating apps, users will be prompted to opt in for a free 60-day premium subscription to UrSafe’s features, including Follow Me, Check In, Hands-Free SOS, and Fake Call. According to URSafe's press release, Follow Me and Check In allow the user to share locations with a trusted friend or family member while on the date, and the Hands-Free option lets users set personal trigger words that activate different responses within the app immediately, even if the user isn’t holding or touching their phone. Depending on the level of alert, UrSafe will connect the user to friends and family, or the authorities if needed. Fake Call can be activated as well, in case the user needs an “out” during the date. 

The app industry saw revenue spike to $50.1 billion for the first two quarters of 2020, in part due to people isolating at home to prevent the spread of coronavirus. Dating app Tinder topped the list of non-game app revenue earners.

This marks a 23.4% increase from the first half of 2019 according to Tech Crunch, compared with a 20% increase for the same time period between 2018 and 2019. The data seems to also point to a growing new user base. First time app installs were up 26.1% in the first half of 2020 compared to the same time period in 2019, and reached a total of 71.5 billion downloads.

Topping the non-game app list was dating app Tinder, followed by YouTube, and popular social apps TikTok and Tencent. Netflix was the fifth-highest earner.