LTR - May 24 - The GDP per capita in the DAX region is about 80% that of the US, with Switzerland standing out at over 30% higher than the US. According to Henning Wiechers, CEO of Metaflake, the German economy is lagging from a technology perspective, but still represents the largest dating market in Europe with $250m in online and mobile dating revenue. The largest growth segments are gay dating and singles over 50. In recent years, the German dating market has consolidated around matchmaking. The momentum came from the formation of the Parship Elite Group and its acquisition of eHarmony. Spark Networks and Insparx are the other major online matchmaking companies in Germany. Henning Wiechers provides his analysis of the DAX online dating market in the latest video in the LTR Conference series.
LTR stands for Love, Technology, Relationships and the online conference covers the Internet dating and Online Social Communities space. It is for members of IDEA and OSCA.
The March LTR was kindly sponsored by RealMe, vPaaS by The Meet Group, Real Gifts & Courtland Brooks.
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