FE International is pleased to present an exciting and rare opportunity to acquire an eight year old, multi-million dollar business in the social gaming and chat sector.
First established in 2007 by two business partners, this business saw high growth from the outset, providing a platform for users to engage in social chat as well as playing entertaining paid online games.
The business is run on a day-to-day basis by a group of 14 core volunteer moderators, who are managed by a Head Moderator, also a volunteer. This has allowed the owners to focus on other parts of the business, namely strategy and business development.
Lifetime, this business has acquired over 5 million members and sees 180M pageviews per year. It enjoys high level of engagement thanks to the diverse range of social and gaming offerings. Nearly 70% of visits are from returning users, with an average of 13 pageviews per visit. The average visit duration is over 17 minutes and the average Revenue Per User (RPU) is $0.14. The business has seen a compounded annual growth rate of c.44% since 2009.
This would be an ideal opportunity for a new owner with experience in email and internet marketing and SEO, as little has been done in these areas.
Sale Pending: No
First Seen: Sat, Jun 13th 2015
Last Updated: Tue, Apr 25th 2017