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Online dating firm Cupid courts new markets as profits rise |
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Yahoo! Tech/Internet News
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03/05/2013 at 04:03:38 |
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LONDON (Reuters) - British online dating firm Cupid Plc's profits rose 31 percent last year as it signed up more lonely hearts to its relationship websites, with the company planning to court customers in new markets in 2013. The company, which owns dating websites such as cupid.com and flirt.com, reported pretax profit of 9.2 million pounds ($13.9 million) on Tuesday, compared to 7 million in 2011. Cupid said it wooed 1.78 million new subscribers to its websites last year, with particularly strong growth in France and the U.S. Revenues for 2012 increased by 51 percent to 80.9 million pounds. ...
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