Zoosk Hits $90M Run Rate

By On February 8, 2011 · Leave a Comment

Online dating site Zoosk has announced a $90 million annual sales run rate for 2010, with January revenue up 250% year-over-year.  Zoosk attributed the increase to strong sales of premium subscriptions to the site, which are offered in over 60 countries. International expansion is another revenue driver, with Zoosk adding a global sales team and [...]

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IMVU Launches Holiday E-Card Promotion

By On December 17, 2010 · Leave a Comment

Virtual world IMVU has announced a holiday-themed viral campaign centering on a free e-card virtual gift. The campaign encourages IMVU users to send e-cards that embed IMVU-themed, holiday-themed music videos to friends and family. Users can send the cards to friends on Facebook using Facebook Connect at the IMVU Holiday Card site or via e-mail. [...]

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Buddy Media Raises $23M

By On October 18, 2010 · Leave a Comment

Buddy Media has raised a $23 million Series C round of funding lead by Institutional Venture Partners with Softbank Capital, Greycroft Partners, and Bay Partners contributing, according to TechCrunch. The company plans to use the new round of funds to further development and hire more sales and marketing employees. Buddy Media offers brand marketers a [...]

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FarmVille Reaches 1B Virtual Gift Goal For Haiti Charity Drive

By On October 4, 2010 · Leave a Comment

FarmVille players have sent 1 billion virtual gifts as part of Zynga's charity drive to benefit the School of Choice in Haiti, raising over $200,000 for the charity. Players additionally raised over $700,000 by buying the Sweet Beets charity virtual item. In all, FarmVille players have raised over $900,000 for the School of Choice. Tweet

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Virtual Goods Wrap-Up For The Week Of September 25, 2010

By On September 25, 2010 · Leave a Comment

Welcome to the Virtual Goods News Wrap-Up for the week of September 25, 2010. The Wrap-Up is where VGN spotlights stories that we didn't get to cover individually, but still make for interesting reading about the virtual goods industry. Earn Badges On Foursquare, No Checkins Required: Foursquare has partnered with fitness tracking firm RunKeeper to [...]

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Socialbomb Launches Social Platform For Blu-Ray

By On August 20, 2010 · Leave a Comment

Socialbomb is launching what it calls the Socialbomb Live Platform, a BD-Live technology that connects audiences watching Blu-Ray content with social networks like Facebook and Twitter. Viewers can interact with their friends directly using on-screen menus and share content with friends directly from the disc. The Socialbomb technology first appeared in the Blu-Ray edition of [...]

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Facebook To Close Gift Shop On August 1

By On July 9, 2010 · Leave a Comment

Facebook will close its virtual gift shop down on August 1. In his blog post about the closing, Facebook Product Manager Jared Morgenstern says the shop will be closed so Facebook can focus on developing other products. All users will keep any gifts sent to them and users who've sent gifts will continue to be [...]

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Southern Comfort Raising Gulf Relief Funds With Virtual Gifts

By On June 24, 2010 · Leave a Comment

Liqueur brand Southern Comfort is raising funds for gulf oil spill relief using virtual gifts and its Facebook page. Beginning today, Southern Comfort will donate $1 to the Gulf Relief Foundation every time someone sends one of its free branded virtual gifts to a friend, up to a limit of $25,000. The money will go [...]

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Virtual Goods Wrap-Up For The Week Of May 14, 2010

By On May 15, 2010 · Leave a Comment

Welcome to the Virtual Goods News Wrap-Up for the week of May 14, 2010. The Wrap-Up is where VGN spotlights stories that we didn't get to cover individually, but still make for interesting reading about the virtual goods industry. BoyAhoy Making Waves In Social Networking: Gay social network BoyAhoy is launching to compete with rival [...]

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Virtual Goods Wrap-Up For The Week Of April 2

By On April 16, 2010 · Leave a Comment

Welcome to the Virtual Goods News Wrap-Up for the week of April 16, 2010. The Wrap-Up is where VGN spotlights stories that we didn't get to cover individually, but still make for interesting reading about the virtual goods industry. Giant Interactive Announces Cash Dividend Chinese MMO operator Giant Interactive announced a $.18 per share dividend [...]

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