Top dating sites by revenue
“This isn’t about making, I don’t know, tables,” she says. When I raise my eyebrows, she continues: “No, it is.“I really believe that we are having a profound impact on people’s lives.” When the topic turns to my own relationship status, and I share that I have just split up with my boyfriend of five years, she becomes the first person to actually brighten at hearing the news. The idea that you can go out there now and meet all these interesting people, it’s great.” FOR ALL THE ATTENTION it garners, online dating is not a large industry—total U. revenue last year was .9 billion, according to IBISWorld.What we also love about Match is you can block/report inappropriate users and hide your profile from the ones who may be bothering you.One day in early May, IAC CEO Joey Levin sat in a conference room at the company’s Frank Gehry–designed headquarters in Manhattan, along with Barry Diller, IAC’s founder and chairman, and a few others. Levin turned to the huge screen in the room that displays the tickers of IAC and Match Group, the online dating conglomerate it spun off in 2015, where shares of both companies were already dropping.In addition to propelling Match Group over the hurdles thrown up by competitors like Facebook and Bumble, she has to maintain and manage the explosive growth rate of the company’s crown jewel, Tinder, the swiping app that took the world by storm when it was launched in 2012, as well as oversee an ambitious international expansion.All the while, she’ll need to keep the company on the cutting edge of innovation as it strives to use A.I., machine learning, and other tools to get ever closer to this industry’s holy grail: accurately predicting chemistry between two strangers.Those who know her say Ginsberg is likely to be up to the task.
The good news is this is exactly what the eight dating sites below provide! The site has more than 1.7 million paying members, which means they’re serious about meeting someone special and getting offline to see if there’s real-life chemistry.The Facebook reveal is just the latest bombshell in a business that’s in the midst of more drama than a bad online date.In the past few months alone, Match Group, the billion parent of Match.com, Ok Cupid, Tinder, and Plenty of Fish, among many others, filed a lawsuit against its white-hot startup challenger, Bumble, for patent infringement and stealing trade secrets.The group was listening to one of their colleagues present a routine strategic plan when the executive happened to mention something about an ad-supported business. “My phone starts lighting up with texts, and each time I’m getting a text, the stock drops another 5%,” Levin recalls. “Sheryl called me last night to let me know they’re getting into the dating business, and they’re going to announce it tomorrow.” “Sheryl” is, of course, Sheryl Sandberg, Facebook’s chief operating officer, and Facebook was indeed poised to reveal plans to enter the online dating space—in fact, CEO Mark Zuckerberg was at that very moment making the announcement at F8, the company’s annual developers conference.