MeetMe Achieves Record-High Mobile DAU and MAU in November
December 03 2015 - 7:30AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, has set a new mobile monthly active user (MAU) record of
4,039,950 in November. This is the first time mobile MAU has
exceeded four million in the company’s history, and represents a
27% increase in MAU year-over-year. The company also announced that
during the month of November, average mobile daily active users
(DAU) surpassed 1.1 million for the first time.
”We are thrilled to announce our new mobile MAU and average DAU
records for November,” said Geoff Cook, CEO of MeetMe. “One of our
stated goals is to continue to drive user engagement and the team
has worked hard to execute on an ambitious product pipeline. We
look forward to continuing to make MeetMe the best place to meet
new people.”
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 future levels of MAU and DAU, whether
we will continue to drive user engagement, whether we will execute
on our product pipeline, and whether we will continue to make
MeetMe the best place to meet new people. 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 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 (“SEC”), including the Form 10-K for the year
ended December 31, 2014 and the Current Report on Form 8-K filed
with the SEC 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20151203005177/en/
Press contact:Fresh PRJeannine Jacobi,
323-903-7063jeannine@freshpr.netorInvestor contact:MKR Group
Inc.Todd Kehrli, 323-468-2300meet@mkr-group.com
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