The Meet Group Ranked One of the Fastest Growing Companies in North America by Deloitte
November 12 2019 - 7:03AM
Business Wire
The Meet Group, Inc. (NASDAQ: MEET), a leading provider of
interactive livestreaming solutions, announced it secured a place
on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest
growing technology, media, telecommunications, life sciences and
energy tech companies in North America.
The Meet Group’s Chief Executive Officer, Geoff Cook, credits
strategic acquisitions and live video with the company’s 214%
revenue growth in the four-year period from 2015 to 2018.
“We are honored to be named to the Deloitte’s Technology Fast
500™ list for the seventh time,” said Geoff Cook, Chief Executive
Officer of The Meet Group. “Our goal is to build the best place to
meet new people through video. Since 2015, we have expanded our
global footprint by acquiring four mobile apps, Skout, Tagged,
LOVOO and GROWLr. We are focused on accelerating growth across our
portfolio of brands through innovating our livestreaming video
product and sharing best practices in monetization and engagement
across our mobile apps.”
“This year marks the 25th anniversary of Deloitte’s Technology
Fast 500, so we are especially pleased to announce and congratulate
the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP,
and U.S. technology, media and telecommunications leader.
“As technology innovation trends towards ‘everything as a
service,’ it’s no surprise that software companies dominate the
winners list yet again this year,” said Mohana Dissanayake,
partner, Deloitte & Touche LLP, and industry leader for
technology, media and telecommunications, within Deloitte’s audit
and assurance practice. "We congratulate all the well-deserving
winners.”
About The Meet Group
The Meet Group (NASDAQ: MEET) is a leading provider of
interactive livestreaming solutions designed to meet the universal
need for human connection. Our ecosystem of livestreaming apps
enables users around the world to interact through one-to-many
livestreaming broadcasts and text-based conversations. Our top
apps, MeetMe®, LOVOO®, Skout®, Tagged® and Growlr®, deliver live
interactions and meaningful connections to millions of users daily.
Headquartered in New Hope, PA, we have offices in Philadelphia, San
Francisco, Dresden, and Berlin. The Meet Group is committed to
safety. You can find a description of current safety practices
here: https://www.themeetgroup.com/safety-practices/. For more
information, visit themeetgroup.com, and follow us on Facebook,
Twitter or LinkedIn.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu
Limited, a UK private company limited by guarantee (“DTTL”), its
network of member firms, and their related entities. DTTL and each
of its member firms are legally separate and independent entities.
DTTL (also referred to as “Deloitte Global”) does not provide
services to clients. In the United States, Deloitte refers to one
or more of the US member firms of DTTL, their related entities that
operate using the “Deloitte” name in the United States and their
respective affiliates. Certain services may not be available to
attest clients under the rules and regulations of public
accounting. Please see www.deloitte.com/about to learn more about
our global network of member firms.
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 we will build the best place
to meet new people through video; whether we will be successful in
accelerating growth across our portfolio of brands through
innovating our livestreaming video product and sharing best
practices in monetization and engagement across our mobile apps.
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,” “outlook,” “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, 2018 filed with the SEC on March 8, 2019 and our
Quarterly Reports on Form 10-Q for the quarters ended March 31,
2019, June 30, 2019, and September 30, 2019 filed with the SEC on
May 9, 2019, July 31, 2019, and November 8, 2019, respectively. 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: https://www.businesswire.com/news/home/20191112005253/en/
Investor Contact: Leslie Arena larena@themeetgroup.com 267 714
6418
Media Contact: Brandyn Bissinger bbissinger@themeetgroup.com 267
446 7010
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