Friday, September 22, 2017

Some Remarks about Meet Group to acquire German Dating App LOVOO (via SA)






https://seekingalpha.com/article/4108692-meet-group-acquires-scandal-ridden-german-dating-app-loovoo-remarks

Lovoo's 2014 and 2015 financials from BundesAnzeiger
https://www.bundesanzeiger.de/ebanzwww/wexsservlet
then search for Lovoo

The author of the article Henrik Alex, Contributor
said
Management concealed the most meaningful issues:

1) Fembot scandal
2) Subsequent severe revenue drop
3) Company stopped international expansion due to lack of success
4) Assumed debt


For me: Lovoo is now past its prime, and decadence will begin soon.

The Meet Group to Acquire LOVOO for (USD 65 + USD 5) Million via SA and GDI
http://onlinedatingsoundbarrier.blogspot.com.ar/2017/09/the-meet-group-to-acquire-lovoo-for-usd.html

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