INDUSTRY LEADERS MAGAZINE - Sep 15 - According to half-year results, Cupid's revenue doubled to £38.6M as markets in Canada, France, Spain, Germany and Italy have been growing. Bill Dobbie, CEO at Cupid, said that the company expects ~£16M in earnings for the full year. The Cupid’s expansion in the U.S. market is a next step of the company which has a 2% share of the £800M online dating market in the US. The Cupid’s expansion in the U.S online dating market will be aimed at niche sites for older singles, parents and ethnic groups.
by Anna Domanska
The full article was originally published at Industry Leaders Magazine, but is no longer available.
See all posts on Cupid
Cupid is a shining star of the idating industry. The company's business is based in Scotland with programmers in Ukraine. A great combination.
Posted by: Mark Brooks | Sep 19, 2012 at 01:09 PM