TECHBULLION - In July of 2021, Dating Group acquired Cupid Media in a deal worth $51M. Dating Group's acquisition of Cupid Media created an enterprise with projected annual revenue of $300M, ~140M users, 45 dating apps in its portfolio and 100 countries covered by its products. Its portfolio now includes Dating.com, Once, XOXO, Tubit, DilMil, Cupid Media's portfolio of ~33 sites. According to Bill Alena, the company's Chief Investment Officer, Dating Group will continue to invest in or acquire companies that fit its vision for the future of social discovery.
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