MeetMe, the publicly-traded New Hope, Pa.-based social network that resulted from a merger between myYearbook and Quepasa last summer, reported $46.7 million in 2012 revenue, as well as a shakeup in its top management.
Former MeetMe COO Geoff Cook, who was previously myYearbook’s CEO, is now MeetMe’s CEO. Former MeetMe CEO John Abbott, who was previously Quepasa’s CEO, is now non executive chairman of the board.
The company saw its mobile revenue increase 180 percent in 2012, according to the release, and saw 5.51 million monthly active users in the fourth quarter of 2012. MeetMe currently has a staff of about 150.
The social network also recently launched in Chinese, Russian and Japanese, making it available in nine languages.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!
A new model for thinking about how to grow regional economies: the Innovation Ecosystem Stack
Penn dean is a startup founder and ‘engineer at heart’ who loves the connection between education and business
20 tech community events in October you won’t want to miss
