Very Bullish on $MEET for 2016 “As I’ve n
Post# of 58
Posted On: 12/17/2015 12:44:46 PM
Very Bullish on $MEET for 2016
“As I’ve noted before, we expect the updated MeetMe+ product to at least double subscription revenue in 2016 from its small base today of roughly $1 million per year. As part of this revamp to MeetMe+, we have also launched the foundation for a new recommendation engine touching all users, both paying and non-paying. We believe the new recommendation engine will enable us to better leverage our data to drive more relevant chat for our members. Over time, we look forward to beginning to feed this engine with interest, demographic, and behavioral data.
“We are pleased also to have set a new single-day mobile DAU record on Monday of this week, crossing 1.2 million mobile DAU for the first time in our history. We believe the recommendation engine will help continue that momentum into next year.”
http://www.snl.com/irweblinkx/file.aspx?IID=4...D=32196433
“As I’ve noted before, we expect the updated MeetMe+ product to at least double subscription revenue in 2016 from its small base today of roughly $1 million per year. As part of this revamp to MeetMe+, we have also launched the foundation for a new recommendation engine touching all users, both paying and non-paying. We believe the new recommendation engine will enable us to better leverage our data to drive more relevant chat for our members. Over time, we look forward to beginning to feed this engine with interest, demographic, and behavioral data.
“We are pleased also to have set a new single-day mobile DAU record on Monday of this week, crossing 1.2 million mobile DAU for the first time in our history. We believe the recommendation engine will help continue that momentum into next year.”
http://www.snl.com/irweblinkx/file.aspx?IID=4...D=32196433
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