German dating app Lovoo is acquired for $70M by The Meet Group





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The tabloid also reports that Lovoo made an extra million euros per year in profit through this ploy. The Meet Group offers advertisers the opportunity to reach customers on a global scale and has leading mobile monetization strategies, including advertising, in-app purchases, and subscription products. It was founded by a group of seven friends in Germany who came up with the idea after operating a social meeting network in their hometown of Dresden from 2004 to 2011. Top 3 in Southern Europe Italy, Spain and France.


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The Meet Group Announces Closing of Lovoo Acquisition - Top 3 in Southern Europe Italy, Spain and France. Since the bad news for the first quarter is already out, some investors may believe the worst is over.


This press release features multimedia. The Live feature provides a new platform for entertainment and for forming authentic, meaningful connections. As a combined portfolio, just last week we hit a new record high of 20 million minutes spent in Live in a single day, up 37% over our highest day in the month of March. We lovoo germany a powerful live-streaming video platform, empowering our global community to forge meaningful connections. Our apps, available on iPhone, iPad, and Android in multiple languages, combine product innovation with sophisticated data science to both entertain and connect our audience. The Meet Group has a diversified revenue mix consisting of in-app purchases, subscription, and advertising, and we have offices in New Hope, Philadelphia, San Francisco, Dresden, and Berlin. For more information, visitand follow us onor. The company is based in Dresden and Berlin, Germany, and is available in 15 languages around the world. All statements other than statements of historical facts contained herein are forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Any forward-looking statement made by lovoo germany herein lovoo germany only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. View source version on businesswire. Assuming December 24 remains the bottom, this correction ended later in a calendar year than any correction or bear market ever. 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The Live feature provides a new platform for entertainment and for forming authentic, meaningful connections. The patented Live Radar is the heart of the app. All statements other than statements of historical facts contained herein are forward-looking statements. I can't wait to invest in the next U. A spontaneous meeting round the corner, at your favorite club next door or where you always are?