New Hope-based dating site MeetMe gets hooked up with German firm for $500M

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Online dating (or Internet dating) is a system that enables people to find and introduce themselves to potential connections over the Internet, usually with the goal of developing personal, romantic, or sexual relationships. An online dating service is a company that provides specific mechanisms.

The company employs worldwide, including about at its New Hope and Philadelphia offices. Cook will stay on to run the group in coordination with Parship. Business news and analysis sent straight to your inbox every Tuesday morning. Cook cofounded the company originally known as MyYearbook in , using the digital student guide his siblings Catherine and David set up to meet fellow students at Montgomery Township High School in Somerset County, New Jersey.

He said that the private-equity backers can better finance expansion than Meet Group could on its own. The combined companies will enjoy higher market share in the German live-video smartphone apps sector, he said in a statement. The company added Flash-based games and the Lunch Money virtual currency in and the Meebo instant-messaging system in It bought Skout in , and added If we and the German dating app Lovoo in Skip to content. Joseph N. Catherine Cook left and her brother Geoff Cook walk across from their myYearbook.

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Cupid Media is a leading online technology company that operates 32 specialized niche dating sites.

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The Rise of Online Dating, and the Company That Dominates the Market

We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. To learn more or opt-out, read our Cookie Policy. The group that resurrected Firefly Space Systems is reportedly running sham dating sites. Two founders and board members of Texas space startup Firefly Aerospace appear to be involved in running a ring of sham dating websites, according to the results of a two-year investigation published by Snopes on Wednesday.

Edinburgh-based online dating firm Cupid buys niche site Uniform Dating for up to £7m as it continues a rapid expansion drive.

With internet firms increasingly investing in new technologies and applications to make their websites attractive, social and interactive with e-store customers, less is known about the success drivers for one type of e-store, namely online dating sites. This article aims to empirically examine the effects of the two customer-focused web functions: customer self-presentation and peer-interactivity on firm-performance using data from a Chinese dating website.

The findings confirm the crucial role of self-presentation for a dating site, where it also significantly influences the level of peer-interactivity, traffic to one’s profile page, and firm performance. Yet, the effect of peer-interactivity is not evident from this sample. Overall, this study offers measures in a structural model, findings from which would help e-marketers to strategically appropriate web investments in either function for enhancing firm performance.

Online dating in Western societies has formed a mature industry and competition has entered a stage where firms are increasingly targeting even smaller niche markets for customers of specific races, regions and professions for differentiation and profitability. While online dating in Western society is merely a private matter, in China however, due to the Chinese traditional value of family line continuity and filial piety through marriage, using dating sites for seeking potential marriage partners has become a social trend.

Currently, the business model for online dating sites is generally based on two key components: first, to provide an uncharged service for user registration and personal information uploading onto the site.

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Cupid Media is a leading online technology company that owns and operates 35 specialized niche dating sites, with over 35 million members internationally.

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The dark side of online dating sites and apps has been a rise in abduction, sexual assaults, and even murders.

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Online dating firm Cupid boosted by overseas sales. Cupid finds amour with French acquisition. Cupid woos and wins new markets. Cupid embraces new dating brands. Cupid named Scotland’s fastest-growing technology firm.

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While online dating was once considered taboo, the number of couples meeting online has more than doubled in the last decade to about 1-in This unique dataset charts a significant shift in the way couples meet each other, and demonstrates how our changing communication habits are driving massive growth in the online dating market. Tinder globally popularized app-based matchmaking when it launched on iPhones in , and later on Android in By , Tinder had grown to 57 million active users across the globe and billions of swipes per day.

Since the launch of Tinder, hundreds of dating services have appeared on app stores worldwide. But it might surprise you that despite the growing variety of dating options online, most popular apps are owned by just one group. Today, nearly all major dating apps are owned by the Match Group, a publicly-traded pure play that was spun out of IAC, a conglomerate controlled by media mogul Barry Diller. IAC saw the online dating trend early, purchasing early online dating pioneer Match.

However, with online dating shifting into the mainstream over recent years, the strategy quickly shifted to aggressively buying up major players in the market.

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