Shares in dating website operator Cupid dropped 24 per cent on Monday on the announcement it plans to sell off its remaining dating sites as it looks to reclassify as an investment company. It also proposes to rename itself Castle Street Investments plc if plans to reclassify as an investment company are approved. The Edinburgh-based company will seek shareholder approval for the sale at a general meeting on December Cupid said the move to sell off its remaining dating sites follows a strategic review of the business. Cupid reported in most recent full-year results the success of the casual dating sites had masked worsening conversion and churn rates of its core dating sites business. Last year Cupid, which operates Cupid. The KPMG report found no evidence Cupid was using fake user profiles, but did find Cupid staff who had a presence on its dating sites were not clearly identified. By Scott McCulloch. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time.
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Cupid says independent report finds no fake profiles. Dating firm Cupid rejects ‘fake profiles’ allegations. The Edinburgh-based firm said it was selling the business to Grendall Investment Limited in order to focus on its niche and mainstream sites. The deal includes casual dating sites such as Benaughty. Cupid will continue to operate a number of mainstream and niche dating sites, including Cupid. It will also continue to run dating events business Speeddater.
Cupid’s share price climbed by more than In a stock market announcement, the company said it had decided to sell its “casual dating” sites because they did not fit in with its long-term strategy.
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Back to Eat well. Food labels can help us choose a healthier diet and make sure our foods are safe to eat. Here’s a guide to some of the most common food labelling terms. But understanding all of that information is important if we’re to make use of it. For example, if a food product is labelled “light” or “lite” or has “no added sugar”, what does this mean? There are rules that food manufacturers must follow to prevent false claims or misleading descriptions, and there are clear guidelines on what labels on packets can and can’t show.
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