Eric will replace Jeronimo Folgueira who is stepping down from the role as chief executive officer. With the acquisition of Zoosk in July of this year, Spark Networks became the second largest online dating platform in North America and a leading and diversified player in the global dating industry. His experience leading engineering teams, and his domain expertise across advertising and technology-driven businesses make Eric an exceptional candidate to lead Spark. Spark has a tremendous brand portfolio to help people find love across the globe. And with online dating becoming more and more prevalent, there are plenty of opportunities for growth, said Eric. I look forward to working with Eric to ensure a smooth transition over the coming weeks. Spark has over one million monthly paying subscribers globally. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of , as amended, and Section 21E of the Securities Exchange Act of , as amended, statements involving known and unknown risks, uncertainties, and other factors that may cause Spark Networks’ performance or achievements to be materially different from those of any expected future results, performance, or achievements. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements.
Spark Networks Services GmbH
By Kaja Whitehouse. One of the two Spark directors who was re-elected, Thomas Stockham, resigned on Thursday, creating a new opening on the board. A Spark spokesman declined to comment. Direct marketing expenses as a percentage of revenues grew to a whopping 75 percent in , up from 27 percent in , Osmium has said. Read Next.
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Spark Networks SE is a global dating company with a portfolio of brands that share a common database designed for singles seeking serious relationships. Anyone using any one of these services should be aware that their data will be shared across all brands servicing the same demographic. The deal increased Spark’s global monthly paying subscribers to over 1 million.
Zoosk is an online dating service available in 25 languages and in more than 80 countries.
The owner of popular dating site JDate is answering to a new board. Fed-up shareholders of Spark Networks, which owns JDate.
Not many people have heard of Spark Networks , but far more are familiar with what it owns: JDate, ChristianMingle and a host of other sites like SilverSingles. JDate, especially, would seem to be one of the success stories of online dating. High brand recognition. Stories about happily married couples who met on the site. And last year, with the acquisition of JSwipe, it branched out into the Tinder-like market of users who swipe left or right to find love.
But, as can sometimes be the case with online daters themselves, all is not what it seems. Since , Spark Networks has been led by a rotating array of chief executives — four over five years. In August, Spark sold 16 percent of its stock to the investment firm Peak6, laid off workers and closed its Israel office. Spark Networks which trades under the ticker symbol LOV eventually grew to about 30 dating sites, but the crown jewel has always been JDate.
Who uses SilverSingles? Learn more about our members
ChristianMingle is an online dating website geared towards Christian men and women who want a wholesome relationship centered around God. The website was launched by Spark Networks in and has since gained millions of members. To see if your happily ever after awaits at ChristianMingle, we reviewed every function and cost of this Christian dating site. Read this review and decide based on our findings.
Here you can see how membership figures at ChristianMingle are developing compared to others.
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Thinking about trying online dating with SilverSingles but not sure about who you might meet? Read on to discover more about our members. First things first: what kind of people use SilverSingles? Indeed, SilverSingles members are more mature than most. Hailing from all across America, and with a wide range of personalities, lifestyles, and hobbies, our members all bring their own flair to our site. So why do these mature, single men and women use SilverSingles? From companionship and friendship, to lasting love and even marriage, SilverSingles members favor genuine sparks over fast flings.
We do this in two ways. Firstly, we ask all of our new members to take our insightful SilverSingles personality test. This helps us gain an idea of what each member is looking for in a partner. From there, our matchmaking process can begin, as we use the test results to make tailored compatibility suggestions for our members. That leaves our users free to chat, communicate — and to find that special spark. The second way we help our members online is by going the extra mile to ensure that those using SilverSingles are genuine.
Spark Networks SE (LOV)
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If love is a battlefield, then Spark Networks, owner of JDate, Christian Mingle, and a handful of other niche dating sites, is about to get its heart broken. Osmium Partners is almost certain to win the four board seats it is gunning for when Spark holds its annual shareholder meeting next week, sources familiar with the situation said, allowing the activist hedge fund to take control and force a sale of the company. Originally scheduled for June 17, Spark has already delayed the annual meeting until June 28, a move these sources said is aimed at buying Spark more time to rally shareholders to vote down Osmium’s proposal or preempt a forced sale by securing its own buyout offer.
A representative for Spark, which trades under the “LOV” stock ticker, declined to comment beyond citing the company’s public filings. The hedge fund also alleges that Spark has mismanaged JDate, its “crown jewel,” and that its Christian networks have been underperforming relative to their online dating peers. Spark only got around to rebranding JDate in this year’s first quarter, and its Chairman and CEO Greg Liberman even conceded to this failure on its first quarter earnings call, where it reported its slowest subscriber numbers since What’s more, the marketing of the JDate rebranding, and for Christian Mingle, has fallen short and the company’s spending on these endeavors has had dire repercussions, according to Osmium.
Osmium also claims that Spark has failed to innovate and stay competitive through the creation of “add-ons,” or features beyond the traditional dating site services of profile creation and access to a database. The hedge funded cited HowAboutWe for Couples and “featured profiles” on OKCupid and eHarmony as examples of brand add-ons that have strengthened profitability at these sites. Despite earnings misses and a declining stock price, Osmium contends that Spark’s management is delusional when it comes to the company’s financials.
Spark Networks: LOV For Sale
Read more here: S park Advertisement Disclosure. Choosing the best online dating sites for your lifestyle and relationship goals can be tricky. Below we discuss various options to help you understand what the best online dating sites for you are. Users: The average age of members is years old, with a focus on a highly educated, working professionals. Matching system: EliteSingles uses a comprehensive personality test as a foundation for their matchmaking system.
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Here are the players, who’s hot, and who’s not. Love is big business. But millions of singles are still looking for that special someone. It’s expected that more than half of all couples will have met online by Because, let’s be honest: meeting your next significant other in — gasp — the real world is so There are dozens of dating sites and apps, but as it turns out, the majority of them are controlled by four conglomerates: Match, The Meet Group, Badoo, and Spark Networks SE. In this report, we take a look at how big they are and if they’re positioned for the future.
But we also take a look at several upstarts that are giving the giants a run for their dating dollars. So dig in, stop swiping left for a moment, and immerse yourself in the data of dating. Match Group is a massive conglomerate of more than 45 dating services, including Tinder, Match. Match went public in , and its majority stakeholder is IAC. It now owns hundreds of brands in hundreds of countries.
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There are dozens of dating sites and apps, but as it turns out, the conglomerates: Match, The Meet Group, Badoo, and Spark Networks SE.
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