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28 Aug

For finding new partners, dating apps and websites are a top portal.

Young people in Germany are about as likely to meet new people through dating apps and websites as through work—and they are more likely to find dates through these services than at parties/events, clubs, and school/university.

While almost 50% have tried or are currently using services like Tinder, Friendscout, or Lovoo, virtually all (9 out of 10) are aware of them. For two-thirds of 14-29 year-olds in Germany, relationships are important.

This sentiment is even stronger among those who are coupled—9 out of 10 believe in the importance of relationships.

The Federal Tax Court (decision from 1st June 2016) agreed with the tax authorities and considered the services as electronic services which are subject to VAT in Germany.

Cupid plc, the Edinburgh (UK) based online dating company, has announced the acquisition of 75% of the German Online Liebe Gmb H and the Women Web Gmb H earlier this week – for a total of €2.75m.

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Media Ventures Gmb H, owned jointly by Dirk Stroer, of Deutsche‐Boerse‐listed Stroer Out‐of‐Home Media AG (SAXG.

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The two companies are run together by the same Munich based team, which is led by the founder Andreas von Maltzan.

Maltzan is one of the pioneers in the German dating market, having established Neu.de, which became one of Germany’s most popular dating sites and was sold to Meetic in 2007.