Online Personals Watch: Information from the On the web Dating Industry and company
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The Meet Group Launches Face Verification
BUSINESSWIRE – Sep 21 – The Meet Group rolls out AI-powered face verification utilizing FaceTec’s 3D selfie technology, a liveness check that is human. Verification badges roll down to MeetMe user pages this then Skout and Tagged within months week. FaceTec’s AI software confirms an individual is physically contained in front side associated with digital camera. As badge adoption increases, it will turn into a necessity for particular pursuits like giving pictures in talk. Furthermore, FaceTec’s AI offers an age estimation that is 3d.
” At the start of the 12 months, we established our dedication to safer dating in 2020, handling key problems impacting dating apps everywhere: Authenticity, Age Estimation, Device Blocking, and Textual Screening,” stated Geoff Cook, CEO regarding the Meet Group. “with all the launch of this Profile Verification Badge on MeetMe, our company is. Helping to ensure end and authenticity catfishing.”
Other initiatives include making use of URSafe so users can remain linked in an urgent situation, collaborating with Microsoft on venture Artemis which makes use of common textual patterns and an age detection motor to stop kid exploitation, the development of a Safer Dating Advisory Board of epidemiologists and infectious disease experts to offer advice targeted at decreasing the chance of contagion while dating, and applying DeviceCheck to block bad actors’ products. See TMG’s security overview.
This post additionally seems on VerySocialNetwork
The Meet Group Acquired and seeking at 2022 IPO as ParshipMeet!
BUSINESSWIRE – Sep 4 – The Meet Group announced the conclusion of their purchase by the moms and dad business of eharmony. ParshipMeet Group is made to control The Meet Group and Parship Group. It now runs MeetMe, LOVOO, Tagged, Skout, GROWLr, eharmony, Parship and ElitePartner.
The Meet Group centers on community while bringing social entertainment to dating, monetizing through livestreaming video clip. Parship Group brands are market leaders when you look at the matchmaking area; dedicated to severe relationships and monetizing through subscriptions.
The an enterprise is represented by all-cash transaction worth of
“we have been delighted to mix having a globally leading company that is matchmaking” stated Geoff Cook, CEO of this Meet Group. “We think this deal may help determine 
the continuing future of dating. We will continue steadily to consider. building the best relationship features in the globe, . purchasing livestreaming. and opportunities that are discovering expand and grow – organically and through strategic relationships, including our video-platform-as-a-service offering”. 195k+ dating games are played every day over the Meet Group’s apps, up 104% since March.
“The Meet Group’s livestreaming video platform is exclusive and well placed for the post-pandemic globe where video clip becomes a critical element of finding and assessment very very very first dates,” said Tim Schiffers, CEO of ParshipMeet Group. “By combining The Meet Group’s assets with Parship Group’s talents, we have developed a dating that is global and something of the very most diversified portfolios of dating brands on earth. . We come across significant potential to help the rise of this Meet Group’s video clip platform-as-a-service items, aswell opportunities for cross-selling and knowledge-sharing.”
ParshipMeet Group is jointly owned by ProSiebenSat.1, a respected free-to-air television broadcaster and video clip activity business when you look at the German-speaking areas, and General Atlantic, a number one international development equity company supplying capital and strategic support for development businesses.
Also, from ProSiebenSat1:ParshipMeet Group has revenues of EUR 451 million and modified EBITDA of EUR 95 million at the time of H1 2020, the past year. Double-digit yearly development prices anticipated
The combined company operates as ParshipMeet Group, a newly-minted unicorn and a number one international player into the online market that is dating. ProSiebenSat.1 has 53% and General Atlantic 43% in ParshipMeet Group. The rest is held by administration.
Rainer Beaujean, Chairman & CFO, ProSiebenSat.1 said, “This investment instance can also be another strong evidence of idea of our capacity to utilize the talents of y our activity company to aid the rise and growth of consumer-facing platform that is digital business companies.”
Joern Nikolay, MD, General Atlantic stated, “We rely on the power of ParshipMeet Group. to create transformative electronic innovation towards the global on the web dating sector. and harness the energy of technology.”
Tim Schiffers, CEO, ParshipMeet Group stated, “Online dating, and interactive video that is live specific, is an international megatrend which will continue steadily to transform every one of our everyday lives in the foreseeable future. . Our brands span the entire spectral range of the internet dating market: conference, dating and falling in love. . We have been completely placed for sustained long-term growth.”
ProSiebenSat.1 and General Atlantic are assessing an IPO for ParshipMeet Group in 2022.