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Spark Networks (which trades under the ticker symbol LOV) eventually grew to about 30 dating sites, but the crown jewel has always been JDate. Goldberg estimates that 70 percent of the Jews of dating age in the United States have had some contact with JDate or JSwipe, with about one million registered users.“We’re unambiguously touching a greater percentage of the Jewish population than ever before,” he said.
That may be the case, but according to Spark Networks’ 2015 filings with the Securities and Exchange Commission, the number of paid subscribers to its Jewish networks declined to around 65,000 last year from a little over 85,000 in 2012.
Its total for all networks dropped by more than 55,000 people, to under 204,000.
This comes at a time when an increasing number of Americans are trying to find partners online.
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