Billionaire match online dating service

01-Jun-2014 05:16 by 2 Comments

Billionaire match online dating service - Free chat to adults finder

All told, the dating services industry is expected to generate $2.1 billion this year, and nearly 70 percent will come from the thousands of dating websites across the globe.But even though the industry as a whole is growing, not all online personals sites are created equal, and analysts say only a select few make for good investments. Others focus on niche markets like race, religion and ethnicity.

Match also owns the dating app Tinder—one of the fastest-growing apps in the market—and the company hasn't even begun to monetize it yet. Another factor boosting the online dating trend is cost: It's simply a much cheaper way of getting a date.The monetization of romance in the form of dating apps has allowed users to take their online dating experience with them wherever they go."Mobile services are forecast to be the fastest growing segment over the next five years as operators, including Interactive Corp.Launched in April 1995, is now in 24 countries and hosts websites in 15 languages.Since acquiring Match.com, IAC has bolstered the personals business with several acquisitions, including Ok Cupid in February 2011, expanding the Match unit's sales to 3 million in (2012) from 6 million in 2008.and e Harmony, cater to consumers moving toward easy-to-use mobile applications," IBISWorld online dating expert Jeremy Edwards said in a report released last week.

"Users are most likely to be attracted to simple applications and interfaces, so businesses that are able to entice consumers with new and exciting mobile functionality will be the most successful," he said.

More Americans are shopping for love online these days, and industry analysts say there's an opportunity for investors in the emerging trend.

A recent report by Topeka Capital Markets finds that the combination of tough economic times, a rise in the number of singles, social media and mobile technology is causing a resurgence in the "fast food dating" business of online personals. people are a lot more comfortable posting their personal information online.

Bigger is usually better in the business of online dating, and the large players stand to benefit most. Strategists at Converg Ex Group, a New York-based global brokerage company, crunched numbers from and found that online dating can save a person thousands of dollars.

"In general, I would recommend mobile and social and large dating sites. "The dating phase prior to an offline marriage runs up a ,660 tab.

The Web site states in Chinese the qualifications for joining: a personal or family wealth of at least 2 million yuan (2,000); a background that is extremely superior, wealthy and aristocratic; very good personal qualities or young, talented and beautiful.

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