The moms and dad business associated with popular Jewish on line dating site JDate has placed it self up for sale, people near to the auction stated Thursday, and it is currently in speaks with a few prominent news organizations.
Desired: Single dot-com Yenta seeks committed Mr. Big with deep pouches for a long-lasting relationship.
The moms and dad business of this popular Jewish on line dating site JDate has placed it self up for sale, people near the auction stated Thursday, and is currently in speaks with a few prominent news organizations.
The master of JDate.com, Spark Networks, which owns a large number of online sites that are personal at religious, cultural along with other special passions, is with in very very very early speaks with suitors offering Yahoo; eHarmony; IAC/InterActiveCorp, the Barry Diller company that has Match.com; and MySpace, which will be an element of the News Corporation, these individuals stated.
Stocks of Spark, which trades underneath the ticker LOV, have jumped a lot more than 20 per cent in current months. Its stocks shut at $4.90, giving the company a market value of $131.4 million yesterday. Analysts recommended that the suitor might pay just as much as $185 million for the business.
Some industry professionals, but, have actually questioned the companyвЂ™s growth leads; its income expanded just 5 % from 2005 to 2006.
On the web sites that are dating exploded in appeal in the past few years as both younger and older generations have flocked in their mind as well as other social support systems to meet up people. Internet sites produced almost $650 million an in sales year. Continue reading