Online dating industry growth 2016
(It also owns Meetic, Twoo, Black People Meet, Pet People Meet, Little People Meet, and the list goes on; there are 50 sites in its vast portfolio.) IAC, through Match Group, has long been the acquisitive king of the online-dating business.
Sam Yagan, who co-founded Ok Cupid and sold it to IAC in 2011, described this to Fortune in no uncertain terms in 2013: If you want to create a new online-dating platform, he said, "You’re going to launch, you’re going to get some success, and I’m going to buy you for cheap because you don’t have another bidder."" data-reactid="19"In 2015, the march of new dating apps slowed to a crawl.
RADII - Aug 30 - Momo's new face swap app Zao is the hottest thing on the Chinese internet right now.
But the app is also raising a host of privacy concerns on Chinese social media.
On the Monday after Valentine's Day, sees a 15% increase in communication activity on its site.
In the days leading up to Valentine's Day, Ok Cupid, which is also part of Match Group (MTCH), sees a 15% increase in new sign-ups.
If you visit a product and there aren’t that many people to see, the likelihood of you coming back is going to decrease rapidly.
Mobile app Hinge also has its "high season" from Christmas to Valentine's Day, and then, CEO Justin Mc Leod says, "it falls off right after Valentine's Day."" data-reactid="16"Online-dating sites and apps will get a post-Valentine's Day bump this week—and then a drop.The industry has grown at more than 3% each year since 2008." data-reactid="22"With the mega success of Tinder, and the Match IPO, the landscape has shifted.Two of the industry's three biggest players are now public: Match Group and Spark Networks (LOV), which owns JDate, Christian Mingle, and others.In fact, from the day after Christmas to the day after Valentine's Day, Match sees a 60% increase in new member registrations.Mobile app Hinge also has its "high season" from Christmas to Valentine's Day, and then, CEO Justin Mc Leod says, "it falls off right after Valentine's Day."new report from the Pew Research Center this month, usage of online-dating sites or apps by 18- to 24-year-olds has tripled since 2013.