Customers in Europe and the US are all loved up, thanks to the expansion to those territories of online dating service Cupid.
The group said it has has seen rapid growth in the popularity of its products, in particular within the new markets of the US and Europe, and is consequently confident that it will meet current full year market expectations.
The firm is, appropriately, giving the eye to a number of potential partners as it seeks to add more strings to its bow but these acquisition opportunities are still in the courtship stage.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"The online dating space globally remains a growing market in which to do business with the increasing prevalence of smartphones and social networking sites offering new ways to interact socially. Cupid is already investing in the creation of some exciting new products to enhance its presence in this social and mobile environment. We will update further on this in Q4 [fourth quarter] 2012."
The share price rose 0.75% to 201.50p by 12:51.
NR
-
How to find the best luxury hotel dealsKnowing how to find the best luxury hotel deals can help holidaymakers enjoy high-end experiences without the sky-high costs. We reveal how to bag the best value for less.
-
Frozen thresholds could push ‘tax freedom day’ to latest date this centuryTax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.
