IAC-owned Match.com has set its sights on Europe’s largest dating site, Meetic.com. Match Match.com has put in a public tender offer to acquire all of the outstanding shares of Meetic for €15.00 per outstanding share in cash (that’s $21.42 in U.S. dollars). That’s a 11.6 percent increase in value from the closing price of Meetic shares on May 27, 2011 (€13.44) and values the company at nearly… → Read More
IAC’s Match.com is continuing its acquisition strategy today with the purchase of online dating site OkCupid for $50 million in cash. The deal also includes future earnouts contingent upon performance.
While Match.com has a significant userbase, OkCupid singles tend to be younger, which is why Match found it to be a useful acquisition. The site, which is free, apparently generates revenue via… → Read More
Mobile social network Flirtomatic (“the world’s number one flirting company”) today announced somewhat of a milestone: It’s passed the 3 million global user mark and, perhaps more noteworthy, recently surpassed 1 million users in the U.S.
Match.com and Yahoo are going steady now. Yahoo Personals is out. This morning, Yahoo announced that Match.com will become the exclusive online dating site on Yahoo. Yahoo’s current online dating site, Personals, will be folded into a new co-branded site called “Match.com on Yahoo.” Match already powers Yahoo Personals in a number of European markets.
Yahoo Personals users will be encouraged… → Read More
People in the online personals industry are buzzing. We’ve heard a rumor that online dating service and IAC property Match.com is acquiring fellow dating site Singlesnet. We’ve reached out to both companies for confirmation. Singleset’s representative wrote back to us to say: “I’m not in a position to discuss or consider this topic at the present time” Match.com has not yet responded.
If true… → Read More
VoIP startup Jajah has just scored major deals with eHarmony and Match.com, two of the web’s most popular dating sites, to provide online daters with semi-anonymous voice chat. The new features are part of Jajah’s ‘Platform for Dating’, which is also currently being tested on a number of other dating sites (though Jajah won’t name them, yet).
The new feature offers a good middle ground between… → Read More
Online dating service and IAC property Match.com is getting into the highly-targeted subscription dating game with the acquisition of People Media, which it is taking off the hands of publicly traded PE firm American Capital and a host of other investors for $80 million in cash.
The deal includes the purchase of about 27 targeted dating sites with a combined 255,000 paying subscribers, including… → Read More
Although TechCrunch editor Michael Arrington recently posted an April Fool’s joke about hiring a matchmaker to find him a wife, matchmaking services are becoming an alternate (and pricier) way to find a mate (think Millionaire Matchmaker). For those guys who are looking to meet a lady but don’t have the time to devote to the due diligence, outsourcing the job is the obvious option. Trolling … → Read More
Online dating site Match.com is releasing a native iPhone application for its 15 million members to date on the go. The app allows users to edit their profile, upload photos, and even has an opt-in to a location based feature that allows them to see singles in their area.
The last feature seems to be the most innovative one-there is definitely a market for location based dating on iPhones and… → Read More
Meetic, the popular European online dating company, announced today that it has agreed to buy the European operations of the IAC-owned Match.com. The news was announced on the blog of Loïc Le Meur, who is a board member of Meetic but will need to resign to leave room for an IAC representative.
IAC will sell 100% of the stock of Match Europe – the entity that houses Match.com’s European… → Read More
Juniper Research has just released a new report that claims the value of the mobile dating and chatroom market will grow to nearly $1.4 billion by 2013, and also pegs the total UGC market to reach $7.3 billion by the same time. The estimate is up almost half from a report by the research agency that was presented in May 2008, which said revenues from mobile dating and chat services were expected… → Read More
This post was written by guest contributor Mark Brooks, an analyst/consultant whose blog Online Personals Watch summarizes the daily internet dating industry news.
Earlier this week InterActive Corporation (IAC), which owns and operates popular paid dating sites Match.com and Chemistry.com, launched a completely free dating site called DownToEarth.com (you can check out an ad for the recently… → Read More
This post was written by guest contributor Mark Brooks, an analyst/consultant whose blog Online Personals Watch summarizes the daily internet dating industry news. In the internet dating space, bigger is not always best. According to the latest U.S. numbers from Hitwise, the top niche dating sites are steadily gaining market share while their big mainstream counterparts stagnate. We compared the… → Read More