MeetMe, Inc. Analyst Report: Business development and strategic shift make MEET a compelling opportunity by BrokerBank Securities, Inc.
NEW YORK, April 7, 2014 /PRNewswire/ -- MeetMe, Inc. (NYSE: MEET) is the subject of a new analyst research report. The company operates in the $2.1 billion dating service market. It operates a website and mobile apps that allow users to chat, message, and otherwise interact with others around them. This is a growing market but with many more established and popular competitors.
The company is refocusing on its mobile applications and de-emphasizing the web offering. It's a bold move, while the trend amongst all social networks is a migration from desktop to mobile, desktop impressions remain significantly more valuable to advertisers.
Having released two new mobile apps this year in addition to its flagship MeetMe app, the company is planning to release one new app per quarter. MeetMe's growing roster of applications provides strong upside should one of its experiments gain traction with the public.
An analyst report which details key attributes of the technology, an overview of the company, opportunity set and analyst review can be viewed in its entirety by using the link below. There is no cost to view this report:
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