The Meet Group has been making acquisitions of its own this year, taking over the GBTQ brand Growlr in March. BUSINESSWIRE - Sep 4 - The Meet Group announced the completion of its acquisition by the parent company of eharmony. ProSiebenSat.1’s and General Atlantic’s Parship Group has successfully completed the acquisition of The Meet Group, following regulatory approval from all required authorities. Matchmaking services such as eharmony or European-based Parship use scientific methods to help people find their partner … Welcome! your username. "Live video has proven it is the right product for these unprecedented … It has since settled at $5.33, equating to a market value of $382 million. The Meet Group, Inc. History Summary. MEET stock reacted positively to the news, jumping 16% to $5.99. However, analysts commonly use some key metrics to help gauge the value of a stock. In connection with the transaction, a new parent company, ParshipMeet Group, was created to manage two subsidiaries: The Meet Group and Parship Group. But the day before the deal, some bet it would fetch more The Meet Group announced today that it has entered a definitive agreement to be acquired by NuCom Group, the joint company between European mass media organisation ProSiebenSat.1 and private equity firm General Atlantic. The Meet Group's P/E ratio. Log into your account. Meet Group's freemium dating brands, featuring its video platform technology, will be combined with NuCom's portfolio company Parship Group, … "Live video has proven it is the right product for these unprecedented times. The company also derives revenue from advertising. Valuing The Meet Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of The Meet Group's overall performance. Dating site goes out at its highest-ever price. The company, at the time, owned multiple dating platforms, all straight, and was looking to … Social dating and entertainment apps MeetMe, Skout, Tagged, GROWLr, and LOVOO focus on social connections, entertainment, and community. ParshipMeet Group now owns and operates The Meet Group’s dating apps MeetMe, LOVOO, Tagged, Skout, and GROWLr, as well as Parship Group’s matchmaking brands eharmony, Parship, and ElitePartner, creating a diversified international … The Meet Group, Inc., a leading provider of interactive dating solutions, has announced the completion of its previously announced acquisition by the parent company of eharmony.In connection with the transaction, a new parent company, ParshipMeet Group, was created to manage two subsidiaries: The Meet Group and Parship Group. The combined company operates as ParshipMeet Group, a newlyminted unicorn and a leading global player in the online dating market. The Meet Group focuses on community while bringing social entertainment to dating, monetizing through … Meet Group, Inc. (MEET), a portfolio of mobile dating apps, said Thursday that it has agreed to be acquired by NuCom Group, which is a joint company of German commercial broadcaster ProSiebenSat.1 Media AG’s (PBSFF.PK) and private equity firm General Atlantic, in an all cash transaction for $6.30 per share. Based in Pennsylvania, The Meet Group is a maker of mobile apps that focus on live streaming broadcasts and text-based conversations, including MeetMe, Skout, LOVOO, Tagged and Growlr. your password ParshipMeet Group's brand portfolio consists of internationally successful and established brands with complementary strengths. Together with NuCom Group’s portfolio company Parship Group, a matchmaking platform with its brands Parship, Elite Partner and eharmony, The Meet Group will become an integral part of a global leader in the online dating and social entertainment sector. Matchmaking services such as eharmony or European-based Parship use scientific methods to help people find their partner … Energy proficiency is about keeping energy in whatever constitute the energy can be used. "The Meet Group’s livestreaming video platform is unique and well positioned for a post-pandemic world where video becomes a critical part of finding and screening first dates," said Tim Schiffers, CEO of ParshipMeet Group. The Meet Group, Inc. operates a portfolio of mobile social entertainment applications to meet the need for human connection worldwide. There is also speculation about the sale of the online drugstore Flaconi. By combining The Meet Group’s and Parship Group’s assets, our brands span the whole spectrum of the online dating market: meeting, dating and falling in love. The group is to be listed on the stock exchange next year. Parent company also owns Parship Group (which operates MeetMe, Parship, ElitePartner, and eHarmony) Employees: NA Main Service Areas: Germany, United States, Canada, United Kingdom, France, International Number of Paying Members: NA. ParshipMeet Group now owns and operates […] The Meet Group, Inc. (NASDAQ: MEET ) is expected to report quarterly earnings at $0.13 per share on revenue of $57.37 million. Q: Would it be large enough to be spun off from the NuCom Group and listed on the stock exchange? Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA ) is projected to post quarterly earnings at $0.20 per share on revenue of $405.00 million. NuCom Group owns portfolio company Parship Group which looks after the online dating brands Parship, Elite Partner and eharmony. NuCom’s holdings include eHarmony, which it acquired in 2018 , and the Germany-based dating platform Parship. The Parship group with the brands Parship, Eharmony and Elite Partner together with The Meet Group would represent a company value of ~€1.2B. By combining The Meet Group’s and Parship Group’s assets, our brands span the whole spectrum of the online dating market: meeting, dating and falling in love. "We believe livestreaming is a perfect fit with Zoosk's global dating app and we are excited to add the company to our growing portfolio of vPaaS customers," said Geoff Cook, CEO The Meet Group and GM Video ParshipMeet Group. A year ago — to the month — GROWLr announced that it had been bought by The Meet Group. The Meet Group’s freemium dating brands, featuring its industry-leading video platform technology, will be combined with NuCom’s portfolio company Parship Group, which operates premium subscription dating brands including eharmony, Parship and Elite Partner. The Meet Group, Inc., a leading provider of interactive dating solutions, has announced the completion of its previously announced acquisition by the parent company of eharmony. It also looks after the dating company Parship Group, which runs Parship and ElitePartner. Social dating and entertainment apps MeetMe, Skout, Tagged, GROWLr, and LOVOO focus on social connections, entertainment, and community. MeetMe, Lovoo, Tagged, Skout, Growlr, and Hi5. The Meet Group has transformed its business from being a predominantly advertising model to now generating the majority of revenue from user pay sources, which include subscriptions and in-app purchases for virtual gifts as part of its video live-streaming product. It can be immediate, such as in a car that runs in battery power or perhaps it can be rou The MarketWatch News Department was not involved in the creation of this content. In connection with the transaction, a new parent company, ParshipMeet Group, was created to manage two subsidiaries: The Meet Group and Parship Group. ParshipMeet Group’s brand portfolio consists of internationally successful and established brands with complementary strengths. As of September 4, 2020, The Meet Group, Inc. operates as a subsidiary of Parship Group GmbH. ProSiebenSat.1 holds 53 percent of the Parship-Meet group, the investor General Atlantic and the management hold the rest. Article Stock Quotes (1) ... CEO The Meet Group and GM Video ParshipMeet Group. The Meet Group originally got it's start as myYearbook in 2005. ParshipMeet Group was created to manage The Meet Group and Parship Group.It now operates MeetMe, LOVOO, Tagged, Skout, GROWLr, eharmony, Parship and ElitePartner..
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