pledges to invest in tech further

(source: Unsplash/Pratik Gupta)

Last Updated on Thursday, 8 August, 2019 at 8:06 am by Christian Keszthelyi

As a continuation to its investment in business development, Group will focus on developing new streaming technologies and purchasing IP products, including ready-made data platforms, to fuel global expansion, the board decided during its regular summer 2019 meeting in Luxembourg, according to a press statement sent to Business Malta. Board director Alla Gubenko told BM that Malta has played a “crucial” role in the group’s success.

The group is managed by SOL Networks, which is an umbrella brand for more than 15 projects including, Lovinga and Tubit.  

“Operating SOL Networks from Malta has not just been enjoyable; I believe it has been crucial to our success,” board director Alla Gubenko told Business Malta.

“Our businesses are all about connecting with people, and being headquartered in Malta lets us do just that. The business climate is ideal, the location offers access to European and emerging markets, and the government is extremely supportive. We couldn’t be happier or more excited about the future,” Ms Gubenko told BM. said it has noticed that dating app users are increasingly “uninterested or unimpressed” with swiping left or right when deciding whom they would or would not like to date with. Therefore, the platform added a live streaming service to its array last year, to allow members to communicate and interact with more matches at once. 

“We are committed to continuing to lead the way in helping people make genuine, lasting connections around the globe,” said Alla Gubenko, board director in Group.

“Focusing on business development and technology investment represents the best way to increase the quality of the industry generally and the capitalization of our company specifically. To that end, we are excited to help produce the next generation of live-streaming products and to acquire IP products in the near future,” Ms Gubenko added. 

“We are one of the fastest-growing companies in Malta and operate a global social discovery platform Group. It enables people from around the globe to connect through the power of shared interests and mutual benefits. The group’s brands include, DateMyAge, LovingA, Tubit, AnastasiaDate, ChinaLove. We have more than 73 million registered users across the globe,” Ms Gubenko.

SOL Networks is an international internet-holding company headquartered in Malta. Group has offices in seven countries and a staff of more than 500 with more than 73 million registered users across the entire portfolio.

EDITORIAL NOTE: The present article has been updated with Anna Gubenko’s comments about the role of Malta in the operations of the group.

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