EUROPEANCEO - Oct 11 - On a professional level, LinkedIn has held the monopoly on networking for some years. "LinkedIn is a platform to find a job or to just maintain your résumé online. It's very conventional and very hard to connect with new people in real life through LinkedIn… that's why we decided to create Shapr, which is a link between dating and professional networking," said Ludovic Huraux, a French entrepreneur who had previously built dating site Attractive World. Shapr has 1.5M in the US, UK and France. It uses swiping, and connections are suggested based on the user's interests and location. Shapr users are limited to 10 - 15 matches per day, which Huraux says helps users to form more meaningful relationships and discourages mindless swiping. Shapr was designed solely for professional networkers, but other dating apps are introducing networking elements such as Bumble. Since the launch of Bumble Bizz, the app sees 17M new matches per week and 64K users joining each day. Bumble itself has hired 11 internal team members through Bumble Bizz.
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Dating Apps Are Changing The Way We Find Jobs
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Spark Networks Q2 Results - Revenue Down 27%
ACCESSWIRE - Aug 8 - In May, Spark Networks entered into an agreement with Affinitas GmbH ("EliteSingles"), which operates premium online dating platforms EliteSingles, eDarling and Attractive World to merge. The transaction will close in Q4 2017. Q2 revenue was $6.6M, down 27% YOY and 9% down from the previous quarter. The decrease was driven by a decrease in average paying subscribers, reflecting reduced direct marketing investment in the Jewish and Christian Networks. Total direct marketing expenses decreased 53%. Q2 net loss was $2.5M. The company has no outstanding debt.
See full article at Spark Networks' website
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Interview With Affinitas Head Of Brand Marketing, Bart Visser
OPW INTERVIEW - Aug 8 - Affinitas wants to be the world's leading operator of paid (premium) dating services. They're in the process of merging with Spark Networks (JDate). I paid their HQ in Berlin a visit a few weeks back and met Bart, and then we did this interview for you. Attractive World is launching in Australia. Bart is Head of Brand Marketing, so I asked him about market fit for Attractive World.
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Post by Mark Brooks @ Courtland Brooks
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Attractive World Is Launching In Australia
TENPLAY.COM - July 26 - Attractive World, is a service which allows its members to choose who can join, on the basis of whether they are hot enough or not. A subscription costs between $19.95 and $49.95 a month depending on the length and type of subscription. The app has recently been rolled out in Australia and New Zealand. The concept was founded about a decade ago in France and is part of the Berlin-based Affinitas GmbH group. It has ~120k in France so far.
See full article at TenPlay.com
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Affinitas Berlin HQ Office Tour
OPW - July 25 - I paid Affinitas (Elite Singles, Attractive World) a visit in Berlin yesterday. Here's my vlog tour of their office.
Post by Mark Brooks @ Courtland Brooks
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Spark Networks Q1 - Revenue Down 26%, Net Loss Improved
ACCESSWIRE - May 2 - Spark Networks entered into a definitive agreement with Affinitas GmbH ("EliteSingles"), to combine in a stock-for-stock merger. The transaction is expected to close in Q4 2017. Spark Networks, will not conduct a first quarter results conference call; however, Spark and EliteSingles will host a joint conference call at 7:30 AM PST on May 3, 2017, to discuss the transaction. Q1 revenue was $7.3M, a YOY decrease of 26% driven by a decrease in average paying subscribers, reflecting reduced direct marketing investment in the Jewish and Christian Networks. Total direct marketing expenses decreased 72% to $1.4M. Net Loss was $2.1M in the quarter, a $1.3M improvement versus the year ago period and a $1.6M improvement from the prior quarter.
See full article at Spark Networks website
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Spark Networks To Merge With EliteSingles
ACCESSWIRE - May 2 - German dating company Affinitas, which operates premium online dating platforms EliteSingles, eDarling and Attractive World, is merging with Spark Networks. The newly formed company will be named Spark Networks SE and will be headquartered in Berlin, and maintain a significant U.S. presence with offices in New York City and Lehi, Utah. The combination will create a company with ~$115M of pro forma combined revenue over the twelve months. EliteSingles shareholders will own ~75% of Spark Networks SE and Spark shareholders will own 25%. Jeronimo Folgueira, CEO of EliteSingles, will serve as CEO and Robert O'Hare, Spark's CFO, will continue in that role with the combined company. Michael Schrezenmaier, Managing Director of EliteSingles, will become COO. The Board of Directors will be comprised of seven directors, including three to be selected by EliteSingles, one to be selected by Spark, and three to be mutually agreed upon by EliteSingles and Spark.
See the full article at Internet Dating Newswire
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This post also appears on InternetDatingInvestments.
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Meetic And Attractive World Sanctioned By CNIL
LA SIGNARE - Jan 3 - Meetic and AttractiveWorld.net has been fined by CNIL (The National Commission for Computing and Freedom) for processing sensitive personal data of its users without their consent.
by Gerome Betterncourt
See full article at La Signare
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EliteSingles' Parent Company Surpasses 40M Global Users
BUSINESSCLOUD.CO.UK - Nov 9 - Affinitas, which also runs Attractive World and eDarling, has reached 40M global registered users. ~500k new members are signing up each month. The announcement follows the company's acquisition of French premium dating site Attractive World in October.
by Jonathan Symcox
See full article at BusinessCloud.co.uk
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EliteSingles Is Acquiring French Dating Site Attractive World
CITYAM - Oct 4 - Affinitas GmbH, the parent company of the premium dating service EliteSingles, has acquired French dating site Attractive World. Attractive World also operates in Belgium, Luxembourg and Switzerland. ~2M singles have applied to the site since its creation in 2007.
by Jack Palmer
See full article at CityAM
Update: EliteSingles paid between 10M - 20M Eur for Attractive World. Attractive World was launched in 2007 by Ludovic Huraux. The site raised 5.3M Eur between 2007 - 2011 and claimed profitability in 2013.
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This post also appears on InternetDatingInvestments.
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Top French Dating Sites Warned About Breaching Privacy
TELECOMPAPER - July 29 - French data protection agency CNIL has served notice to eight dating sites including Meetic, Attractive World, AdopteUnMec, Easyflirt, Rencontre and Mektoube after an investigation revealed a number of breaches of privacy. The sites did not ask for permission to collect sensitive data.
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