MeetMe Expands User Profiles to Collect More Data and Improve Recommendations
August 31 2015 - 9:00AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, has expanded the user profiles in its Android and iPhone
applications to allow users to provide more details about
themselves. This is an important step before the company revamps
its subscription service, MeetMe+, planned for later this year. The
revamp will enable paid MeetMe+ subscribers to search for people
and find better matches through the additional profile information.
New fields on the MeetMe user profile include height, body type,
ethnicity, and other demographic and behavioral information.
“We believe the ability to search for potential chat partners
using this additional profile data will be an important driver of
our revamped MeetMe+ product,” said Geoff Cook, CEO of MeetMe.
“This is just one of the new benefits we plan on adding for MeetMe+
subscribers later this year, and we believe the new features will
help us reach our next-year goal of tripling our subscriber
base.”
About MeetMe, Inc.
MeetMe® is the leading social network for meeting new people in
the US and the public market leader for social discovery (NASDAQ:
MEET). MeetMe makes it easy to discover new people to chat with on
mobile devices. With approximately 80 percent of traffic coming
from mobile and more than one million total daily active users,
MeetMe is fast becoming the social gathering place for the mobile
generation. MeetMe is a leader in mobile monetization with a
diverse revenue model comprising advertising, native advertising,
virtual currency, and subscription. MeetMe apps are available on
iPhone, iPad, Android, and Windows Phone in multiple languages,
including English, Spanish, Portuguese, French, Italian, German,
Chinese (Traditional and Simplified), Russian, Japanese, Dutch,
Turkish, and Korean. For more information, please visit
meetmecorp.com.
Cautionary Note Concerning Forward-Looking Statements
Certain statements in this press release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including whether the expanded profile fields
will prove to be an important first step before the launch of the
revamped MeetMe+ services, whether we will launch the revamped
MeetMe+ service later this year as anticipated, whether paid
MeetMe+ subscribers will be able to search for people using this
additional profile information, whether searches using the
additional profile fields will result in better matches, whether
the ability to search for potential chat partners using the
additional profile data will be an important driver of our revamped
MeetMe+ product, whether we will add additional new benefits for
MeetMe+ subscribers later this year, and whether the new features
will help us to reach our goal of more than tripling our current
number of MeetMe+ subscribers. All statements other than statements
of historical facts contained herein are forward-looking
statements. The words “believe,” “may,” “estimate,” “continue,”
“anticipate,” “intend,” “should,” “plan,” “could,” “target,”
“potential,” “project,” “is likely,” “expect,” and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. We have based these forward-looking
statements largely on our current expectations and projections
about future events and financial trends that we believe may affect
our financial condition, results of operations, business strategy
and financial needs. Important factors that could cause actual
results to differ from those in the forward-looking statements
include the risk that unanticipated events affect the functionality
of our applications with popular mobile operating systems. Further
information on our risk factors is contained in our filings with
the Securities and Exchange Commission (“SEC”), including the Form
10-K for the year ended December 31, 2014, the Quarterly Report on
Form 10-Q for the quarter ended March 31, 2015, and the Current
Report on Form 8-K filed on June 3, 2015. Any forward-looking
statement made by us herein speaks only as of the date on which it
is made. Factors or events that could cause our actual results to
differ may emerge from time to time, and it is not possible for us
to predict all of them. We undertake no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150831005415/en/
Press contact:Fresh PRJeannine Jacobi,
323-903-7063jeannine@freshpr.netorInvestor contact:MKR Group
Inc.Todd Kehrli, 323-468-2300meet@mkr-group.com
Meet (NASDAQ:MEET)
Historical Stock Chart
From Aug 2024 to Sep 2024
Meet (NASDAQ:MEET)
Historical Stock Chart
From Sep 2023 to Sep 2024