Cupid said it wooed 1.78 million new subscribers to its websites last year, with particularly strong growth in France and the U. Revenues for 2012 increased by 51 percent to 80.9 million pounds.The web dating firm, which operates in 58 countries, said it had made a strong start to 2013, and was looking to both expand geographically and to develop its portfolio of niche brands, which include a site for people who work in uniform and another for single parents.Internet dates are just as likely, if not more likely to lead to a long-term relationship.
The study also found that of those people who use websites in an attempt to find the perfect partner, 20 percent have gone on to marry someone they met on the internet.
Upon admission, the company had an approximate market capitalisation of £45 million.
The fresh capital brought about by the listing enabled the company to perform some strategic acquisitions in markets where it had detected potential, like France, Germany, the US, and Brazil.
Founded in 2005 by Bill Dobbie and Max Polyakov, the company was originally made up of a range of dating websites operated from and off-shore base.
In 2006, Polyakov and Dobbie acquired the Easy Date business and brand to complement and serve as an umbrella for their network of sites, which had been experiencing a steady growth in user base.
Online dating is really popular in the UK and “Which?