MeetMe Achieves New Milestone of 15 Million Chats in One Day
Social Discovery Leader Enhances Chat and Reaches Record Number
NEW HOPE, Pa.--(BUSINESS WIRE)--MeetMe, Inc. (NASDAQ: MEET), the public market leader for social discovery, announced today that it set a new daily record for the number of user-to-user chats sent on Monday of this week. For the first time in MeetMe’s history, more than 15 million chats were sent on a single day.
“We’re thrilled to have achieved 15 million chats sent on MeetMe in a day”
“We’re thrilled to have achieved 15 million chats sent on MeetMe in a day," said MeetMe CEO Geoff Cook. “In April, only a few months ago, we weren’t consistently breaking 10 million daily chats. This acceleration in chat activity is a testament to the strength of our recent launches, including Friend Suggestions and Icebreakers. We believe it also reflects our audience’s strong desire to connect and communicate with new people. As we continue to optimize MeetMe to funnel traffic into Chat more efficiently, we believe we will see additional growth in chat activity and overall mobile daily active users (DAU).”
About MeetMe, Inc.
MeetMe® is the leading social network for meeting new people in the US and the public market leader for social discovery (NASDAQ: MEET). MeetMe makes meeting new people fun through social games and apps, monetized by both advertising and virtual currency. With approximately 75 percent of traffic coming from mobile, MeetMe is fast becoming the social gathering place for the mobile generation. The company operates MeetMe.com and MeetMe apps on iPhone, iPad, and Android in multiple languages including English, Spanish, Portuguese, French, Italian, German, Chinese (Traditional and Simplified), Russian, Japanese, Dutch, Turkish and Korean. For more information, please visit meetmecorp.com.
Cautionary Note Concerning Forward-Looking Statements
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including whether in the future we will achieve increased chat activity, whether our product launches will drive increased chat activity, whether we will successfully optimize MeetMe to funnel traffic into Chat more efficiently, and whether will see additional growth in chat activity and overall mobile daily active users (DAU). All statements other than statements of historical facts contained herein are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “project,” “is likely,” “will,” “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, 2013. 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.