Cancelling membership: The bottom line Pretty much all online dating sites with a paid subscription option go with the auto renewal option so protect yourself from paying for any unwanted subscription charges in the future by taking the precautions above.Call customer service ahead of your renewal date and ask them to cancel your subscription and stop any auto renewal taking place in the future.
Date Tix with its younger mobile audience, and Lovestruck its affluent professional singles looking predominantly for serious long-term relationships and – ultimately – marriage.
“This acquisition comes during a period of very strong organic growth for Date Tix, with Monthly Active Members up 64% month-on-month in May, and adding the highly scalable Lovestruck platform to our product portfolio will further accelerate our growth momentum and increase the scale of our user base and the reach of our platform.” The transaction was unanimously approved by Lovestruck and Date Tix’s board of directors.
The deal is expected to close in July and post-acquisition, Lovestruck will keep its own brand, and co-founder and CEO Brett Harding will remain as CEO to drive its future growth and expansion.
With current share prices at 0.42 AUD, this means the 2m Date Tix shares are worth just under £480,000.
And Date Tix says the acquisition will boost its active user base by over 259%.