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Co-founder and CEO Benjamin Bak is only staying on for another six months to aid the transition.
Florian Braunschweig, current COO, and Co-Founder, will take over leadership of LOVOO.
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LOVOO is our third strategic acquisition in the last 12 months and will represent our largest single app in terms of traffic.
We are focused on accelerating growth across our portfolio of brands through innovating our live-streaming video product and sharing best practices in monetization and engagement across the portfolio.” It’s expected that Lovoo will remain a separate brand and standalone mobile application following the closing of the acquisition.
You’ve probably never heard of Lovoo but in German-speaking countries (Germany, Switzerland, and Austria) it’s the number one dating app in terms of app store downloads.
It’s also in the top 3 in Southern Europe (such as Italy, Spain, France).
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The rest of the LOVOO management team is expected to remain in place.Tags: Adult Dating, affair dating, sex dating