Cupid Ties The Knot With French Peer

THE SCOTSMAN - July 24 - Cupid has bought French peer Assistance Genie Logiciel (AGL) from private equity fund Financiere PES for €3.7M (£2.9M). AGL’s 25 staff in Paris run three websites, two of which – Amour.com and SeRencontrer.com – follow traditional models, while the third, Ulla.com, is “somewhat racier”, analysts said. Cupid does not disclose revenue by country but it is estimated that the revenue run-rate in France prior to today’s acquisition was ~€6M.”

by Peter Ranscombe
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Comments

[Frédéric Peters]

This acquisition is very strategic for Cupid plc. Following Google Trends, most of the traffic for amour.com come from Morrocco, Algéria.

They can compete with Muslima.com, Afrointroductions.