SC Holdings Portfolio Company Now Dating Reports Average Revenue Per User (ARPU) is Eight Times Higher Than Tinder
August 21 2019 - 8:51AM
InvestorsHub NewsWire
London, UNITED KINGDOM -- August 21,
2019 -- InvestorsHub NewsWire -- Now Dating, a part of SC Holdings
Corp. (SCNG:OTC), publishes most current
figures.
New users were 27,000 with an
average lifetime value per user of $8.00 and the average revenue
per user (ARPU) is $4.85 which is 8 times higher than Tinder. In
comparison Tinder, part of Match Group, published their average
revenue per user (ARPU) to be
$0.58.
The reason for the higher ARPU comes
from the Company's ability to immediately monetize at the signup
stage because the target demographic is a user who is motivated to
meet offline, as the name implies,
Now.
The Telegraph
UK wrote, “It’s all about dating ‘now’. No more pen
pals, if you’ve got a few hours to kill let users know where and
when you’re free and just make it
happen.”
GQ
Magazine wrote, “Want to cut straight to the date? Now is
perfect for people who like to tap their watch and shout ‘time is
money’.”
About Now
Dating
What it is: A dating app that lets
you search for users available at the same times as you, so you can
meet them whenever and for however long you’re
available.
How it works: The app allows you to
tell people what kind of relationship you're searching for, let
others know when you’re available, and pick out your preferred
dating activities. Once you've set your preferences, you can send
date invitations with exact meet-up times and a pre-arranged
location.
About SC
Holdings
SC Holdings Corp. is a Management
Company providing Marketing, HR, Business Development services and
access to financing to its portfolio companies. The Company
acquires ownership in companies with a strong focus on digital
media and business services. SC Holdings Corp. will be opening an
office in the EU as well as in North
America.
FORWARD-LOOKING
DISCLAIMER
This press release may contain
certain forward-looking statements and information, as defined
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, and is subject
to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of SC Holdings Corp.,
Inc. to be materially different from the statements made
herein.
ir@smartchaincap.com
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