The Meet Group derives income from in-app purchases, subscriptions, and advertising. The company has offices in New Hope, Pennsylvania, Philadelphia, San Francisco, Dresden, and Berlin.

The firm also derives income from advertising. In the second quarter of 2018, 60% of income was derived from user-pay, versus 26% in the second quarter of 2017. Livestreaming video revenue has turn out to be an more and more important element of income and development, and the product has been rolled out to all of the Company’s main apps. The firm has millions of cellular every day energetic customers. Its cell apps are available on iOS, and Android in a quantity of languages. Through these apps, users can stream live video, ship presents, chat, and share photographs.

The Meet Group

In July 2011, myYearbook announced it had agreed to be acquired by Latino social networking web site Quepasa. In 2008, the company partnered with casual recreation developer Arkadium to bring Flash based video games to the site. The games incorporated Lunch Money, the myYearbook virtual forex. Lunch Money earned playing video games was usable elsewhere on the positioning. “Viximo’s recreation service reaches 100M customers on dozens of small social networks”. In June 2012, the corporate formed from the mix of myYearbook and Quepasa was renamed MeetMe.

This change is because “Yearbook” means extra about meeting associates from the past whereas “MeetMe” would convey the meaning of users making new friends, which is what the website is meant for. “German courting app Lovoo is acquired for $70M by The Meet Group”. In 2020, The Meet Group was acquired by ProSiebenSat.1 Media with a father or mother company, ParshipMeet Group, being shaped https://yourmailorderbride.com/ymeetme-review to manage each The Meet Group and Parship. On April 3, 2017, the company acquired if and rebranded it to The Meet Group. In March 2011, myYearbook introduced it had acquired Toss It, Tic Tac Toe, Minesweeper, SpringDroid, and Line of four to assist its cell strategy and grow its group. As a results of the acquisitions, Chris Hager of Austria-based FlockEngine and James O’Brien of UK-based SpringDroid joined myYearbook.

Meet Me Filter

In December 2010, myYearbook partnered with Viximo service to offer higher gameplay alternatives for customers.