TODAY ONLINE -- Oct 13 -- Meetic (13 countries, 14 million users) made a confident debut on the Paris stock exchange. Shares in Meetic showed a 11.21% gain at 1200 GMT. Meetic made a net profit in the first half of 2005 of 2.3 million euros ($2.8 million) and 2.7-million-euro net profit for the whole of 2004. 18,000 new users register daily. Launched only three years ago, Meetic intends to launch a dating service for single young people, as well as a tailored product for the older generation. Meetic posted sales of 18.6 million euros, more than double the figure from the same period of 2004. The rise in the price of shares to 24.50 euros values the whole of the company at about 380 million euros. Meetic is controlled by founder and chief executive Marc Simoncini, who controls 43% of the company and 55% percent of the voting rights.
Mark Brooks: 43%!!! Nice. I'm thinking the drinks are on Marc at the next Euro internet dating convention ;-)
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