Here we are with our first news round-up for online dating industry, including dating apps. And understandably, our first issue is dedicated mostly to apps since they are all the rage nowadays.
– DateTix (real-life dates discovery and hosting) is being acquired by Enverro for for 12.5 million shares and 12 million performance shares that vest on three key milestones. Enverro is also raising $3M to further develop and market DateTix. A confusing acquisition, but also a sign of the growing market opportunity. Full article at Proactive Investors.
– Spark Networks (owner of several religious dating properties) is reporting modest quarter subscriber growth (Jewish networks: 1.8%, Christian networks: 0.4%). Companies manipulate metrics like this for share price bump all the time. Spark, you better show some innovation finally before you measure yourself out of business. Press-release at Spark.net.
– Teazr (a small Danish dating app) received modest investment of 1.5M kroner to target the US market. So far 15K users have downloaded the app which requires you to take a selfie before you can chat with your match. Full article at OnlinePost.