1st Sizeable Gay Dating App in North America to Go All-in on Live Video
NEW HOPE, Pa.–(BUSINESS WIRE)–$MEET #GROWLr—The Meet Group, Inc. (NASDAQ: MEET), a leading provider of interactive livestreaming solutions, today announced the rollout of Live Video to users of its gay dating mobile application, GROWLr. GROWLr is expected to be the first major North American gay dating app to release a livestreaming video feature that allows any user to go live.
“In today’s climate, livestreaming allows people to feel connected while maintaining proper dating distance,” said Geoff Cook, Chief Executive Officer. “GROWLr is the world’s largest bear-specific social network, the premier dating destination for bears and their admirers. Our users are always seeking new ways to make meaningful connections and GROWLr Live provides immediate intimacy that other LGBT dating apps don’t offer.”
“Since the outbreak, we’ve seen explosive, overnight growth of our other live video platforms, MeetMe, LOVOO, Skout and Tagged. For example, in just the last week we saw a 33% increase in time spent in video and a 38% increase in video chats per day compared to the week before COVID-19 was declared a global pandemic by the World Health Organization. Today, more than one million people are now either watching or broadcasting in The Meet Group’s livestreaming dating platform every day.”
“GROWLr already has an amazing sense of community and we think GROWLr Live will only enhance how users connect. The Meet Group expects to begin to rollout GROWLr Live within the next two weeks, with free one-on-one video chat to follow by the end of April.”
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.
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding whether we will begin the rollout of GROWLr Live as expected; whether the growth in the use of our video platforms will continue, including time spent and video chats per day, and if so, at what rate; whether the number of people watching or broadcasting on our livestreaming video platforms will continue at current levels; whether GROWLr Live will enhance how users connect; and whether we will release free one-on-one video chat as expected. All statements other than statements of historical facts contained herein are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “think,” “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, 2019 filed with the SEC on March 12, 2020. 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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