Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
The Meet Group, Inc.
MeetMe logo
Type of business Public
Type of site
Social network service
Available in English, Portuguese, Spanish, French, Italian, German, Chinese, Russian, Japanese, Korean, Dutch, Turkish, Malay, Indonesian.
Traded as NASDAQ: MEET
Founded April 2005; 12 years ago (2005-04) (as MyYearbook)
Headquarters New Hope, Pennsylvania, U.S.
Founder(s) David Cook
Catherine Cook
Slogan(s) where new friends meet
Website meetme.com
Advertising Banner ads, custom ads
Registration Required
Current status Active
Written in PHP

MeetMe (formerly myYearbook) is a social networking service founded in 2005. In 2011, myYearbook merged with Quepasa Corporation (QPSA: NYSE Amex). In June 2012, the combined company was renamed MeetMe, Inc. In April 2014, MeetMe's shares started trading on the NASDAQ Capital Market under the ticker symbol "MEET."

MeetMe focuses on helping users discover new people to chat with on mobile devices. Approximately 90 percent of MeetMe's traffic comes from mobile.

MeetMe is headquartered in New Hope, Pennsylvania. The MeetMe service is available on the web and as an app on iPhone, iPad, Android, and Windows.

Two high school students, Dave and Catherine Cook, created myYearbook during their Spring Break of 2005. They persuaded their older brother Geoff, who had founded EssayEdge.com and ResumeEdge.com from his Harvard dorm room, to invest in their project. At the launch of the site, Dave was a junior and Catherine was a sophomore; the project was initially activated at Montgomery High School, in suburban New Jersey where they attended. The site was created entirely by developers in India.

In 2008, myYearbook partnered with casual game developer Arkadium to bring Flash based games to the site. The games incorporated Lunch Money, the myYearbook virtual currency. Lunch Money earned playing games was usable elsewhere on the site.

In April 2009, the site added the Meebo instant messaging client to the site in order to provide real time chat. In November 2009, myYearbook launched Chatter, a real-time stream that incorporated media sharing and gaming to help bring members together. Games playable inside the stream included Ask Me, Rate Me and 2 Truths and a Lie. These games incorporated mechanics to help myYearbook members meet each other. By April 2010 the site reported the Chatter feature surpassed one million posts per day.

In January 2010, myYearbook rolled out a new site design aimed to appeal to an older demographic. myYearbook chose the final site design by crowdsourcing its members. In May 2010, myYearbook launched an iPhone/iPod Touch and Android application designed to bring the Chatter real time feed to mobile devices.

In July 2011, myYearbook announced it had agreed to be acquired by Latino social networking site Quepasa. The purchase was finalized on November 11, 2011. In December 2011, myYearbook launched an iPad app in an attempt to reach the tablet market.

In June 2012, the company formed from the combination of myYearbook and Quepasa was renamed MeetMe. This change is because "Yearbook" means more about meeting friends from the past while "MeetMe" would convey the meaning of users making new friends, which is what the website is intended for. The rebranding of the site proved to be successful.

In June 2016, MeetMe announced that it would acquire Skout, a global mobile app for meeting new people. The Skout deal closed in October 2016.

On Mar 6, 2017, MeetMe announced that it would acquire If(we) for $60 million in cash.

In September 2017, Meet Group acquired german dating app Lovoo

myYearbook derives its revenue from three sources: advertising, virtual-currency sales and monthly subscriptions. Advertising makes up two-thirds of its revenue, with the other sources making up the rest. It has an established sales office based in New York City and Los Angeles.

In February 2010, myYearbook reported the company ended 2009 with a $20 million run rate. In December 2010, myYearbook partnered with Viximo service to provide better gaming opportunities for users.

In 2006, myYearbook raised $4.1 million from US Venture Partners and First Round Capital. In 2008, myYearbook raised $13 million in a Series B round.

Investment goal date:
Dividends reinvested
The Meet Group, Inc. MEET report Q2 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2017
2018-03-02
--
--
Q3 2017
2017-11-06
--
--
Q2 2017
2017-08-03
0.0900
0.0100
Q1 2017
2017-05-08
0.0700
0.0100
Q4 2016
2017-03-06
0.1900
0.1500
Q3 2016
2016-11-07
0.1000
0.0700
Q2 2016
2016-08-01
0.0900
0.5500
Q1 2016
2016-05-05
0.0700
0.0400
Q4 2015
2016-02-29
0.1200
0.1200
Q3 2015
2015-11-03
-0.0400
-0.0400
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Allianz Asset Management AG
1474660
BlackRock Fund Advisors
1332202
BlackRock Inc.
3001625
BlackRock Institutional Trust Company, N.A.
1084392
ClariVest Asset Management LLC
582878
DIMENSIONAL FUND ADVISORS LP
4815168
Foundry Partners, LLC
746650
GEODE CAPITAL MANAGEMENT, LLC
1088207
GOLDMAN SACHS GROUP INC
594240
Harvest Capital Strategies LLC
4000000
KEANE CAPITAL MANAGEMENT INC
1623102
Lyon Street Capital, LLC
974670
Pacific Ridge Capital Partners, LLC
1021841
STATE STREET CORP
1246743
Vanguard Group, Inc
2517889
Major Shareholders
Name Relationship
Total Shares
Holding stocks
BLAST FURNACES OF MEXICO
9.8900% (4422935)
MEET /
CLIFTON JEAN B
0.0500% (20888)
MEET /
CLARK DAVID D
0.3100% (140185)
MEET / NTRI /
CRUZ ERNESTO
0.0500% (24538)
MEET /
Batista Lars Fuhrken
0.3100% (138916)
MEET /
Singh Bedi Ajay
0.0400% (17000)
MEET / NWSA /
Ancira Alonso
9.8900% (4422935)
MEET /
Mexicans & Americans Trading Together, Inc.
9.8900% (4422935)
MEET /
Jozoff Malcolm
0.2200% (96184)
MEET /
Abbott John
0.4900% (217682)
MEET / OMEX /
Whitt Jason
0.0500% (20888)
MEET /
Cook Geoffrey
2.6400% (1178522)
MEET /
Herndon Terry O.
2.5900% (1156189)
MEET /
Bugden James E.
0.1500% (66324)
MEET /
Alena William
0.2100% (94779)
MEET /
Beckley Frederic
0.2800% (127068)
MEET /
Roy Gavin Michael
0.2600% (114092)
MEET /
Rhodes Spencer Garrett
0.1100% (49816)
MEET /
Friedman Richard
0.4300% (192528)
MEET /
Harris Jonah H
0.3900% (173263)
MEET /
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