Spark networks dating sites
Osmium, which owns 15% of Spark, launched its proxy battle in December 2013, citing what it claims are Spark's poor corporate governance, compensation concerns, and declining stock price.The hedge fund also alleges that Spark has mismanaged JDate, its "crown jewel," and that its Christian networks have been underperforming relative to their online dating peers.
"Over this time period, the Company has generated over million in net LOSSES — 30% of the current market cap."Spark management is also not putting its money where its mouth is when it comes to investing in the company."Management and Board have limited capital at risk in outright stock ownership," Osmium stated.
I've been trying to contact the affiliate department at Spark Networks weekly over the course of months and I have heard nothing from them the entire time. Am disappointed that my multiple attempts to reach someone at t...
Read More »My experience was nothing short of excellent. Everthing was as stated and with a christian attitude. Read More »I signed up for a subscription with Christian Mingle.com, and immediately turned off the auto-renew feature (as I do with any online subscription site).
JSwipe is a bright spot in the company's portfolio, a popular app among millennials in the Jewish community.
The app has seen its global user count reach 700,000, up from 450,000 in 2015. Tinder's New Thing: Group Dates" data-reactid="20"Related Link: Tinder's New Thing: Group Dates The problem for Spark was, however, JSwipe's free service likely cannibalized Spark's Jewish Network's total business (including paid service JDate), which saw a decline of 22 percent year-over-year in Q1.