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.
Furthermore, citing a study by the mobile media measurement firm Ground Truth, the London-based company says that over the summer, Flirtomatic accounted for 65% of the season’s audience for mobile dating in the US (I didn’t know dating sites had seasons), out flirting traditional players such as eHarmony and match.com.
That’s impressive although it also speaks volumes to the vulnerability of said players, many of whom charge for access as well as an additional premium for mobile. → 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 operations – for an approximate 27% stake in Meetic, plus a 5 million euro note (which converts to just over $6.33 million). Additional terms of the transaction are not being disclosed. → Read More
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