REUTERS – Apr 1 – eHarmony has signed on at least 2 big partners for 6-month trials – AT&T Inc and American Airlines, Dan Erickson said, adding that organizations with a workforce of around 1,000 would hypothetically pay $10K annually once the service is priced. Read More….
APPANNIE – Feb 15 – In 2016, the global mobile app market is projected to expand 24% to reach $51B in gross revenue across all app stores. By 2020, it will exceed $101B globally. See full article at AppAnnie Summarized by the Courtland Brooks team
QLOBE NEWSWIRE – Nov 19 – Net revenues increased 204% YOY to $37.5M. (Membership subscription revenue $16M, mobile games revenues $9.5M, mobile marketing revenues $10.8M). Net loss was $0.8M, compared to $14.6M for the same period last year. Monthly Active Users were 73M in Sep 2015, an increase of 21….
MARKETWIRED – Nov 11 – Q3 revenue was $11.7M, a YOY decrease of 22%, and a 5% decrease from the prior quarter. The YOY decrease was primarily driven by a decrease in average paying subscribers. Direct marketing expenses were $4.4M, down 27% YOY. Net loss was $(822K). Subscribers grew 0….
PR NEWSWIRE – Oct 26 – The Match Group revenue increased 19% YOY to $274M. Operating income increased 8% to $72M. The number of paid subscribes is up 16% (North America +7%, International +34%). The IPO is expected to be completed in Q4 2015. See full article at Seeking Alpha
REUTERS – Aug 31 – With surveys showing 70% of Americans are unhappy with their jobs, Neil Clark Warren thinks that matching personalities can work in the recruitment industry. “Nobody has really matched personalities in terms of the applicant and the supervisor. That’s not something that LinkedIn or Monster do,”…
MARKETWIRED – Aug 6 – Q2 Revenue was $12.3M, down 22% YOY, and down 9% from the prior quarter due to the decrease of subscribers. Direct marketing expenses were $5.3M, a decrease of 33% YOY. “By the end of the quarter we began to see real improvements in a number…
IAC – July 29 – The Match Group revenue increased 19% to $254.7M. Operating income is down 16%. The number of paid subscribers grew 18% YOY globally to ~4.1M. Tinder was the major contributor. It is interesting to note that Tinder has more paying subscribers outside of North America. Read More….
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