$25M for eFriends.net

January 19, 2006 by robyn

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YeeYoo's parent company, eFriends.net, also the owners of a mobile phone dating service (mobile phone dating is more Popular in Asian countries), was purchased by Meetic, a popular French dating site.

The purchase price of $25M comes from money they collected during their IPO in 2005. No word on whether or not the $2.8M eFriends.net made last year puts them in a profitable state.

From Swiss Ventures.


~robyn

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2 Responses to “$25M for eFriends.net”

  1. vj said on March 27, 2008 at 12:59 am :

    With the recent sale of Bebo, the industry still looks lucrative, but what if you don’t plan to sell. Monetizing is pretty tough.

    http://www.nepalnepal.com/Social/

  2. juan camilo said on October 5, 2009 at 6:30 pm :

    nd soii relajao.. mui enamorao y ps siempre a la moda y con estilo

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