GLOBE NEWSWIRE - Feb 4 - PeerStream has completed a sale of its non-core dating assets to The Dating Company LLC, a private U.S.-based company. The dating assets consist principally of the FirstMet dating service, which was founded in 2007. Alex Harrington, CEO of PeerStream, commented: "as we shifted our corporate strategy it became clear that the dating assets were non-core and suffered from lack of management attention, resulting in underperformance in 2018, including a significant revenue decline and negative cash flow."
See full article at Globe Newswire
See all posts on PeerStream
This post also appears on InternetDatingInvestments.com
Subscribe to OPW + Join IDEA + Engage CB
Comments