07-16-2013, 05:36 AM
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Raise Your Weapon
Industry Role:
Join Date: Jun 2003
Location: Outback Australia
Posts: 15,601
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Cupid offloads sites
Not sure if this has already been posted but it's interesting news.
Quote:
The Aim-quoted company has offloaded sites including Benaughty.com, Flirt.com and WildBuddies for £45.1m, as these ?can lead into areas of adult content, which Cupid has tried to avoid?.
The deal with Grendall Investment allows Cupid to focus on ?mainstream? sites including Cupid.com, LoveAgain.com and UniformDating.com, which is aimed at uniformed services personnel such as firefighters, nurses, and those in the armed forces and police.
Grendall is managed by Max Polyakov, who still owns 15pc of Cupid after co-founding the business in 2005 with current chief executive Bill Dobbie.
Mr Dobbie said Monday?s deal is a ?significant positive step for the group?. In a statement, his company added: ?Cupid believes that in mainstream dating, customers are demanding increasingly higher quality and that this can be a rewarding area for the company to focus its efforts.
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http://www.telegraph.co.uk/finance/n...t-content.html |
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