London, UK – 39% of single Brits spent less than £100 on dating in 2011, new research* from Twoo.com has revealed. Spare a thought for those who went out on dates with these cheapskates as this figure includes the cost of taking someone out on a date, buying new clothes for a date and any online dating subscriptions.
Internet holding company FriendFinder Networks, which operates a number of adult, social networking, dating and e-commerce websites, has quietly established a game development subsidiary back in 2010.
Badoo, a dating website based in London’s Silicon Roundabout, has 400 employees, and has reached 130 million users in 180 countries, which brings it into the top four social networks in the world. It brings in $100 million a year, according to TechCrunch. Badoo’s London site is owned by Andrey Andreev, a Russian entrepeneur. But is it just Facebook for sex? It’s meant to be a place to “chat, flirt, socialise and have fun”, but, according to The Huffington Post, a third of the site’s million British users admit to using it to find – well, sexual partners. It has 125,000 new users a day, and over seven billion monthly page views.
Badoo, the online network for meeting new people recently reached 130 million registered users and now brings in $100 million a year. Based out of London’s Silicon Roundabout, Badoo would be the 4th biggest social network if it was just a social network. But Badoo adapts to the local needs of its international user base. In the UK it’s used for casual dating, in the Czech Republic it’s a marriage site, and in Indonesia burqa-clad women find self-expression on the site. To give us insight into how Badoo reached its stellar revenues, built its user base, and succeeded in Europe, we brought Chief Marketing Officer Jessica Powell in to talk to us on TechCrunch TV. Watch as she tells us how 50% of the conversations on Badoo now lead to an offline meetup.
Facebook launched a new set of social channels for apps to reach mobile users last month, that includes notifications, search, news feed stories and bookmarks in its mobile web and iPhone apps. We haven’t heard too much about the results from developers so far.
While valuations for the company have gone to as high as $100 billion in private markets, an initial registration statement is all it takes to provide a much clearer picture of how Facebook’s metrics are faring.
Facebook leads in the global social networking arena, competing with the likes of Google, LinkedIn and MySpace.
The hipster dating service OkCupid has ventured from New York to San Francisco to create a freshly staffed outpost of start-up folks in order to brainstorm the site’s next act. They call it OkCupid Labs.