tteen dating direct 267 txt 267 - Market share of online dating company

In the UK, it is worth £300m a year and, according to the UK’s Online Dating Association (ODA), ‘’. These sites differ in terms of their number of users, their user characteristics, geographic coverage, and in their business models.And the offer is widening: matchmaking, niche dating, social dating, dating apps, and online personals, are all examples of new products that have been launched in recent years. The subscription-based model is the preferred business model of some of the largest sites.

But the user growth is with Tinder, the free and wildly popular mobile dating app, known for having members swipe left or right, depending on their interest.

Online dating isn't just about making love connections, it's about making lots and lots of money.

The pullback in consumer spending hasn't slowed down the industry at all: if anything it seems to have made Americans more eager to settle down.

The two major players are Match.com, which is owned by Barry Diller's IAC/Interactive Corp and e Harmony, which is privately held.

In partnership with Mintel, Global Dating Insights is offering the report at a special 20% discount, down from £1750 to £1400.

If you are interested in purchasing the report, please contact us at: [email protected] Born in Newcastle, he has an English degree from Queen Mary, London and after working for the NHS, trained as a journalist with the Press Association.

For instance, one in ten Americans have used an online dating site or mobile dating app; 66% of these users have gone on a date with someone they met through a dating site or app, and 23% have met a spouse or long term partner through these sites (1).

It is estimated that the industry is worth more than £2bn globally (2).

Match's closest rival, e Harmony, is still private 15 years after its launch and is growing at a meager 2.5 percent a year, IBISWorld data show.

In addition to its size, Match has another asset as it tries to lure investors: Tinder The cash cow of Match is its traditional subscription business, with offerings starting at around a month.

In recent years, a new generation of tech savvy individuals has emerged, which regularly uses devices to keep in touch with their friends and relatives, as well as for access to online dating sites or apps.

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