ABC NEWS – July 27 – The Kang sisters from Coffee Meets Bagel stunned everyone when they said no to $30M from Mark Cuban. They believe their dating app is worth a whole lot more. Coffee Meets Bagel raised $7.8M in external funding and has more than doubled its user base since January. The app is free and delivers one match (bagel) by noon each day. Users have 24 hours to “Like” or “Pass” on their Bagel, and if two people “Like” each other, then the app will open a private chat to set up a date. A majority of the app’s users are females.
by Juju Chang, Hana Karar & Lauren Effron
See full article at ABC News
See all posts on Coffee Meets Bagel
NY TIMES – July 27 – Brandon Wade started a new controversial dating site for cheaters. It is called OpenMinded.com and it is for couple who have no problem being unfaithful, and be open about it. “Monogamy is not working for the majority of us,” said Mr. Wade. „There is a growing movement of people who are able to be honest with their mate that the traditional model isn’t working.” His site claims 150K users with more than half of the members identifying as couples who are in open relationships.
by Katherine Rosman
See full article at NY Times
See all posts on OpenMinded
FORBES – July 24 – Spark Network’s Jdate discreetly filed a lawsuit late last year against Jswipe, the Jewish ‘Tinder’, claiming intellectual property over the letter “J” within the Jewish dating scene. Jdate also claims it owns the patent on software that “confidentially determines matches and notifies users of mutual matches in feelings and interests.” Jswipe, like Tinder, notifies users when their romantic interest ‘swipes right‘ on their picture, violating Jdate’s patent. It is not clear why Jdate only goes after Jswipe. There are other apps using „J“ including Jcrush, Jwed, Jzoog. Spark Networks refused to comment.
by Gregory Ferenstein
See full article at Forbes
See all posts on JDate
See all posts on JSwipe
DAILY MAIL – July 24 – One in eight adults – mostly women – have given up on finding love, a poll has found. The main reasons for women are:
- not feeling that there is someone out there for them (46%),
- not meeting new people in existing social circles (45%)
- not feeling attractive enough (41%)
- not having a good job (27%)
- not feeling financially comfortable (17%)
See full article at Daily Mail
MASHABLE – July 24 – Last year, there was one divorce for every four new marriages. While the divorce rate in China is still relatively low, it’s been on the rise for 12 consecutive years. (In the U.S., the divorce rate is declining.) People blame social media. Married men and women in China are increasingly using the popular messaging service WeChat and dating app Momo to have affairs, according to a recent report in the Chinese magazine Banyuetan. „When people get divorced and look back on what they have done, they realize it was the computer with whom they spent most of their time“, said Wang Jun, a counselor at Beijing Weiqing Marriage Consultants.
by Justin Bergman
See full article at Mashable
See all posts on Momo app