How Shayan Zadeh Built and Sold Dating Site Zoosk for $250 Million--then Acquired This Storied Brand (Ecommerce General)

How much did Zoosk sell for?

Zoosk was acquired by Spark Networks SE for $255M on Mar 21, 2019 . This deal was done in Cash & Stock .

What company owns Zoosk?

Spark Networks Zoosk/Parent organizations On March 21, 2019, Spark Networks SE (a global dating company with a portfolio of dating brands) announced a definitive deal to acquire Zoosk. The deal was finalized on July 1, 2019, forming North Americas second-largest dating company in revenues.

How many users has Zoosk?

More than 40 million people are active users of Zoosk. Zoosk has secured more than $60 million in funding. Zoosk is available in 70 countries and more than 25 languages.

Is Zoosk publicly traded?

This is Zoosk, Inc.s initial public offering. We are selling shares of our common stock. Currently, no public market exists for the shares.

Is Zoosk dead?

Despite $61 million in funding, Zoosk is getting swiped to death. A source told TechCrunch the dating startup is laying off a huge chunk of its staff, and now the company confirms over 40 people will be let go.