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Apparently, there’s cash to be produced in matchmaking — not to ever mention sending out scores of notifications to your individual base.
Internet dating zoosk that is website its documents in order to become a general public business on Wednesday, boasting financials that aren’t anything to sniff at. The company’s total revenue grew by 63 percent from 2012 to 2013, up from $109.1 million to $178.2 million though Zoosk has yet to make a profit.
The business makes its cash via subscriptions (86 percent of overall income year that is lsincet as well as virtual money (the rest of the 14 %). About 50 % of their individual base is within the united states of america.
Here’s the fact: Zoosk features a bad track record of delivering amethod so many communications to its users, from e-mail to SMS to Twitter alerts — you name it. Users also have reported about being aggressively harmonized with prospective partners that are dating few appropriate passions in accordance. Continue reading “Spammy Dating Site Zoosk Data for IPO. Will Wall Street think it is hot or otherwise not?”