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View now. Once they are ready to begin interacting with someone, the website charges depending on the level of access the user wants. This is a fairly common practice across the industry. Cupid makes most of their business through the charging of these fees, as there is no advertising on their websites.
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In addition to this, Cupid also partners with other companies in order to provide a branded, specifically targeted online dating experience. Cupid plc disposed of its casual dating sites in July The company had been trading as EasyDate since , when it acquired the name.
Because of this, it was under that name that it became initially listed in the markets as EasyDate plc. However, in December , as a result of pressure from easyGroup founder Sir Stelios Haji-Ioannou , the company changed its name. The investigations by BBC and Kyivpost caused a sharp decline in the share prices. In Summer , the company sold part of its 'casual dating business' to Grendall Investment Limited, controlled by co-founder and shareholder of Cupid plc Max Polyakov.
In , Cupid plc suffered heavy losses and was forced to call in part of money owed by Grendall.
Cupid plc sells 'casual dating business' for £m - BBC News
Cupid pls was renamed Castle Street Investment and realigned as an investment company. From Wikipedia, the free encyclopedia. Archived from the original on 10 May Retrieved 8 February Archived from the original on 15 April Retrieved 13 November ProActive Investors UK.
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