Cupid: growing profits by targeting online dating markets worldwide

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By Rupert Steiner for the Daily Mail. Investors in dating firm Cupid are finding the course of true love never did run smooth. The online business behind Indiandating. The shares initially leapt 14 per cent on the news but closed down 0. The profit warning, blamed on money spent attracting new customers in what is a fiercely competitive market, was compounded by a drop in sales.

Chief executive Bill Dobbie predicted underlying revenues are likely to be down 1 per cent despite a 13 per cent rise in total revenues inflated by recent acquisitions.

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Cupid Plc have now expanded their popular dating site ClickandFlirt. Both ClickandFlirt Australia and ClickandFlirt Canada went live this week and are already seeing memberships skyrocket faster than expected. This latest launch is in response to the success that Cupid’s other brands; including BeNaughty. The uniquely flirtatious nature of the site offered online daters something a little bit different.

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Reuters – British online dating company Cupid Plc said it sold its benaughty. Polyakov, a co-founder of Cupid, continues to hold a 15 percent stake in the online dating company. Cupid shares were up 14 percent at

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Cupid sells casual dating sites for 43 million pounds; shares rise

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