Quepasa Corp., which owns the Hispanic social networking Web site Quepasa.com, announced last week that it has bought online dating Web site Corazones.com from DNI Holdings LLC for an undisclosed amount. Corazones.com has roughly 300,000 registered users.
Corazones.com has a strong presence in Latin America. The acquisition provides Corazones' 300,000 registered members and Quepasa's 500,000 registered members with access to each other for dating and social networking activities. The integrated membership will also enjoy Quepasa's entertaining, enriching, and empowering content features. Quepasa is one of the world's fastest-growing social networks, adding thousands of new members daily from the US and Spanish-speaking countries. The acquisition of Corazones now positions Quepasa to be a leader in the online dating industry.
"This acquisition will provide Quepasa's and Corazones' members with fun, discrete, free and premium priced dating services," said Robert B. Stearns, Chairman and Chief Executive Officer of Quepasa Corporation. "The combination of the two sites also provides our growing family of advertisers with a receptive and significantly larger audience” Mathews added.
For more information read:
Aug. 21, 2006: Que Pasa's Banner Ad Business Overtakes Search Advertising
July 17, 2006: New Spanish-language Dating Site