Last month, Cupid confirmed that it was in discussions with third parties which might lead to an offer for the casual dating business, but there could be no certainty as to whether any offer would be forthcoming.Cupid offers several online dating services depending on whether users are seeking serious relationships or something more casual.
Earlier this year, Cupid faced media allegations about the methods it used to encourage people to buy subscriptions.
Having a date or meeting your love through online dating sites is no longer a surprise.
Globally, it is estimated that the industry is worth more than £2bn.
According to recent surveys, one in five relationships in the UK starts online and research earlier this month suggested that marriages which began online stood a greater chance of success than those that began in the "real world".
More and more people turn to dating sites as online dating has proved to be rather effective. Let be frank, not everyone looks for the love of the whole life on the dating sites.