Spark Networks Paid $7M For JSwipe

Spark networks jswipe logosSEEKING ALPHA – Dec 14 – Spark Networks paid $7M for a Jewish dating app JSwipe to boost its younger demographic in the Jewish Networks segment. JSwipe has ~450K users. Spark Networks pursued a patent infringement claim against then-competitor JSwipe in 2014. What started as a lawsuit ultimately ended in a key acquisition for Spark Networks.

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Summarized by the Courtland Brooks team

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