LOV anticipated to end up being the Meet Group’s Single Most Trafficked App

Luv dating

  • Acquisition Projected to b st The Meet Group’s readers to significantly more than 15 Million Cellphone Monthly Active Users
  • Likely to Diversify The Meet Group’s Cellphone Revenue, A Lot More Than Doubling Overseas, Subscription, and In-App Buying Income
  • Likely to be Accretive to earnings that are non-GAAP Share in 2018 and past
  • Funded with current money and a growth regarding the Company’s Existing Debt Facility

brand new HOPE, Pa.–(BUSINESS WIRE)– The Meet Group, Inc. (NASDAQ MEET), a general public market frontrunner into the mobile conference area, today announced it’s performed a definitive contract to obtain LOV , a social dating app, for $70 million in cash, inclusive of the $5 million contingent earn-out. This purchase furthers The Meet Group’s technique to innovate, get, and build the greatest portfolio that is mobile of for fulfilling brand new individuals. keep reading

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