The business remains Australia’s largest online dating business.The transaction values the combined operations at million and will be completed via a combination of cash and RSVP shares.Oasis Active has a clean interface and important block function, which allows you to easily block those who you know are not compatible which makes the site safe.
Next up, the standard drop-down boxes to describe appearance and state preference for things like pets, drinking and smoking. ’ section, where choices ranged from ‘Very’ to a miserly ‘Not at all’. We were impressed by the option to assert yourself as transgender, which incorporated ‘transsexual, cross-dresser or other gender-variant’ – it’s heartening to see a mainstream dating site catering for everyone.
IS ACTIVE MERGER SYDNEY, 24 June, 2014: Fairfax Media Limited [ASX: FXJ], the founders of Oasis Active and Ten Network Holdings Limited [ASX: TEN] have agreed to a merger of online dating businesses, RSVP (com.au) and Oasis Active ( bringing together two of Australia’s largest online dating services businesses.
Oasis Active was launched in 2008 by co-founders Dave Heysen and Daniel Haigh. Oasis has substantial operations in Australia, as well as strong positions in emerging markets throughout Latin America.
Following completion of the transaction, Fairfax Media will hold a 58% shareholding in the merged entities, Ten Network will hold 17% and Oasis’ founders will retain 14%, with the balance held by a small number of minority shareholders.
The combined business will be managed by the RSVP and Oasis executive teams, with each brand continuing to focus on its respective target market segment.