HUFFINGTON POST - Dec 14 - Google Zeitgeist -- the search engine's annual online presentation of the year's top "trending" and "most searched" terms -- includes a list of the top 10 most searched dating sites.
by Christina Huffington
See full article at Huffington Post
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PR NEWSWIRE - Nov 4 - Core revenue increased 15% to $102.5M driven by increases in subscribers. Developing revenue increased 8% to $18.7M primarily due to revenue from OkCupid. Core and Developing revenue collectively increased by 14% to $121.2M. Meetic had revenue of $11.1M which was negatively impacted by the write-off of $9.6M of deferred revenue in connection with its acquisition.
Match Core consists of Match.com in the US, Chemistry.com and People Media. Match Developing consists of OkCupid, Singlesnet, mobile-only products and non-Meetic international operations.
The full article was originally published at MarketWatch, but is no longer available.
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PR NEWSWIRE – Apr 27 - Match.com core revenue increased 18% to $93.3M driven by a 22% increase in subscribers. Developing revenue increased 82% to $18.3M driven by the full quarter contribution of Singlesnet, as well as from the venture with Meetic in Latin America and the acquisition of OkCupid, neither of which were reflected in the year ago results. Subscribers logging in through mobile grew 135% YOY to 30% of total on Match.com U.S.
For more details visit the link on the side bar under 'FINANCIALS'
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PROACTIVE INVESTORS - Oct 27 - IAC revenue increased 25% in the Q3 to $421.7M. Match.com posted a 31% increase in its sales to $106.2M, fueled primarily by organic growth at Match US and People Media, as well as by the acquisition of Singlesnet and the company's venture with Meetic in Latin America. IAC reported a profit of $17.5M, down from $21.6M a year earlier. On a per-share basis, earnings were flat at 16c as shares outstanding were 21% lower. FULL ARTICLE @ PROACTIVE INVESTORS
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EHARMONY BLOG - May 25 - Apparently Down to Earth, the free version of the Match.com, now redirects to their newly acquired company, Singlesnet.
The full article was originally published at eHarmony Blog, but is no longer available.
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BUSINESS INSIDER - Apr 28 - IAC/InterActiveCorp reported a net loss of $18.7M, or 16 cents per
share, for the Q1 2010. That's compared with a net loss of $28.4M, or
19 cents per share, during the same period last year. Match.com revenue
declined slightly reflecting the sale of Match Europe to Meetic on June
5, 2009, partially offset by the contribution from the People Media and
Singlesnet acquisitions and solid growth from the Match domestic
business. Revenue and subscribers grew 8% and 2%, respectively. FULL ARTICLE @ BUSINESS INSIDER
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EHARMONY BLOG - Mar 25 - eHarmony was the most visited dating site during the busiest month for dating sites. Online Personals sites grew in popularity during the month, experiencing a 5% increase to 24.2M visitors. eHarmony ranked as the #1 Personals site during the month, attracting 5.0M Americans (up 82%), while Match.com ranked second with 3.4M visitors. PlentyOfFish.com attracted 2.8M visitors, followed closely by SinglesNet.com with 2.6M.
The full article was originally published at eHarmony blog, but is no longer available.
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This is the news for February 23rd through March 2nd, 2010. Here is the news we covered:
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PR NEWSWIRE – Feb 25 – Match.com has signed an agreement to acquire Singlesnet. Terms of the deal are not being disclosed. Greg Blatt, CEO of Match.com said, “While Singlesnet’s traffic is currently in decline, we believe we can reverse that trend, increase the site’s profitability and improve the overall user experience. This is more of a value acquisition than a strategic one, and Singlesnet will predominantly be run as a standalone business. Nonetheless, the addition of the site’s considerable traffic to our existing aggregation of traffic in this single category should open new monetization opportunities for Match.com’s collective portfolio of domestic online dating brands.”
Adrian Ong, who joined Match from Soulmates Technology, a company acquired by Match.com in 2002, will assume responsibility for Singlesnet. Mr Ong has held various leadership roles within Match.com's International business, primarily in the areas of product and technology, and most recently has led Match.com’s effort to transition its European business to Meetic in connection with its sale last year. Quinn Lipin , Singlesnet's founder, will continue to work for the company in an executive capacity. FULL PRESS RELEASE @ PR NEWSWIRE
Mark Brooks: Traffic is down from over 7 million uniques a month in January 2009 to 4.5 million a month in January 2010 according to Compete. Singlesnet has been rogue-ish in its marketing tactics in the past so its good its coming under Match.com's wing. They can polish the site up and make it less of an embarrassment to the experience that should be 'internet dating,' and then put it to bed.
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TECH CRUCH - Feb 18 - We’ve heard a rumor that online dating service and
IAC property Match.com is acquiring Singlesnet. Match is in the
habit of buying up potential competitors. The dating giant scooped up People Media last year for $80M. FULL ARTICLE @ TECH CRUNCH
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OPW - Feb 17 - Match acquired 27% of Meetic in February last year and then acquired People Media for $80 million in July, 2009. They took a piece of the German market last week by partnering with Neu.de. Diller showed interest in Yahoo Personals back in April 2009. Sometime soon, perhaps Match will announce a deal to power Yahoo Personals USA. Match already powers Yahoo Personals in key European markets.
The real question is, how can you possibly compete with the behemoth Match? Its has niches with People Media, Europe with Meetic and Yahoo Personals, and growth this season is looking very strong. I hear concerns about growth stalling for second tier dating sites. However, Piper Jaffray predicts U.S. spending on online dating will reach $1.7 billion by 2013, with $1.2 billion being spent in 2008. Meanwhile, Forrester expects the market to reach $1.6 billion by 2013, up from an estimated $957 million in 2008. - Mark Brooks
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This is the news for the week of November 6th through November 12th, 2009. We hope you enjoy the new weekly news format. Here is the news we covered for this week:
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PARADIGM SHIFT - Sep 24 - Here are the top dating sites in the world, from the latest Comscore July 2009 report.
The most interesting trend over the last year is the growing difference between usage at paid sites verses free sites and hybrids like Singlesnet. If you combine total visits at Singlesnet and Plentyoffish in the US, those 2 sites combined already have more monthly visits than all pure paid sites combined.
The full article was originally published at The Paradigm Shift, but is no longer available.
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THE PARADIGM SHIFT -- Feb 13 -- We will still grow at least 80% organically this year but I don't think all that much is because of the recession. Most of PlentyofFish users are higher income and aren't really effected by the current economic problems.
Hitwise demographic stats for 4 weeks ending 2/7/2009
12.36% of singlesnet users are under 25
10.15% of match.com users are under 25
9.65% of Plentyoffish users are under 25
7.28% of downtoearth users are under 25.
Hitwise income statistics for 4 weeks ending 2/7/2009.
4.11% of singlesnet users make over $150,000 a year.
5.05% of match.com users make over $150,000 a year.
6.23% of eharmony users make over $150,000 a year
12.37% of Plentyoffish users make over $150,000 a year.
The full article was originally published at The Paradigm Shift, but is no longer available.
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BUSINESS WEEK -- Feb 6 -- In December, free sites accounted for ~25% of all traffic to the top 10 U.S. dating sites, up from 15% a year ago, according to Hitwise. During the second half of 2008, PlentyofFish was the most-trafficked dating site in the U.S., according to Hitwise. "We are going to double our staff this year," said Markus Frind, CEO of PlentyofFish.com. "The economic downturn doesn't affect me." OkCupid.com says growth picked up in Sep, as the economic decline accelerated. Some paid sites are getting hurt more than others. Traffic to Yahoo Personals fell 15% in Dec from a year earlier, according to Hitwise. In the same period, eHarmony's traffic dropped 61% and True.com's tumbled 68%. At the same time, traffic to Match.com jumped 31% while Singlesnet.com's traffic rose 16%.
The full article was originally published at Business Week, but is no longer available.
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