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The battle for hearts in Europe: US, French Internet dating sites do battle
0 Comments | AFP, November, 2005
PARIS (AFP) — Is Cupid showing signs of cupidity? In Europe battle has been joined for the continent's lonely hearts looking for love online -- but it's multi-million-euro revenues that are at stake, not the delicate blossoming of "Amour."
Out of a crowded field of Internet dating sites, two have emerged as international giants: Match.com of the United States and Meetic of France.
Each claims the number one spot in Europe, and each has recently made moves to cement its position and grow beyond simple notoriety into corporate profitability.
Last month Meetic was floated on the Paris stock exchange to an enthusiastic reception by investors, raising nearly 90 million euros (108 million dollars) which its founder and chief executive, Marc Simoncini, plans to use...
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