MANAGEMENT TODAY - May 24 - Happn is a location-based dating app that connects users to people whose paths they've recently crossed. Rappaport had a life and a career before the digital world. He started in his family textile business in France. His life changed in the early 90s, with the birth of the internet. "I told my business partner that we should move to the internet, he said no, so I asked how much do you want for my share and left." His first digital venture was an online textile market. Happn came in 2013. It makes its money by a mix of in-app purchases and ads, and currently has 30M, including 1.7M in the UK. Its biggest market is Brazil, but Rappaport puts high hopes on its recent launch in India, with plans to go to China in 2018.
by Adam Gale
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Summarized by the Courtland Brooks team
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