Cupid slips despite new markets

Updated
Couple holding hands against sunset background
Couple holding hands against sunset background

Cupid misfired its arrow as it turned off investors with under-pressure profits and a slowdown in sales in long-term markets including the UK.


The owner of Cupid.com and BeNaughty.com said revenues from established markets, such as the UK, Ireland and Australia, increased 6% in the six months to June 30 to £16 million, compared to 38% in the year to December 31.
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