MeetMe Launches International Advertising in Time for the Fourth Quarter
October 05 2016 - 7:00AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced that it now displays mobile banner ads
to its international users. The company first began testing
international ad placements in late August of this year. Prior to
that, it displayed ads only to its English-language users.
Geoff Cook, CEO of MeetMe, said, “Given the expected increase in
advertising rates in the fourth quarter, we are pleased that our
test of international ad placements has proceeded ahead of schedule
with the launch of mobile banners to all non-English users. We will
continue to experiment with other mobile ad units as well,
including interstitials and native ads, as we seek to optimize the
value of our international traffic.”
About MeetMe
MeetMe® is a 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 90 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, and Android in multiple languages, including English,
Spanish, Portuguese, French, Italian, German, Chinese (Traditional
and Simplified), Russian, Japanese, Dutch, Turkish, Korean, Hindi,
Bengali and Vietnamese. For more information, please
visit meetmecorp.com.
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 advertising rates will
increase in the fourth quarter, whether will continue to experiment
with other mobile ad units, including interstitials and native ads,
and whether we will optimize the value of our international
traffic. 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 the proposed acquisition and
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 our applications will not function easily or otherwise as
anticipated, the risk that we will not launch additional features
and upgrades as anticipated, the risk that unanticipated events
affect the functionality of our applications with popular mobile
operating systems, any changes in such operating systems that
degrade our mobile applications’ functionality and other unexpected
issues which could adversely affect usage on mobile devices.
Further information on our risk factors is contained in our filings
with the Securities and Exchange Commission, including the Form
10-K for the year ended December 31, 2015, the Form 10-Q for the
quarter ended June 30, 2016, and the Form 8-K filed on October 4,
2016. 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/20161005005354/en/
MEET Investor Contact:MKR Group Inc.Todd
Kehrlimeet@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