The company -- which owns Match.com, OKCupid, Tinder and Europe's Meetic -- beat analysts' expectations for the second quarter when on Tuesday it reported second-quarter revenue growth of 23%, partly on the strength of its dating sites. -- the umbrella company that oversees the portfolio of dating sites -- was 4 million, 9% above the same period last year, and ahead of analysts' expectations of 3 million.
IAC expects that percentage growth to accelerate into the low double-digits during the second half of the year, it said.
"Services like Tinder and OKCupid acclimate new groups of people to meeting online," he explained."That meaningfully expands the market and once people have used technology to meet other people, no matter what the service was they initially used, the barrier has been broken and they're more likely to do it again." Nearly 50% of first-time subscribers have previously used another service for meeting someone online, according to Mr. Expect IAC to be in the market for more dating sites.She didn’t have millions of members but she did have a 100-150 dedicated member paying a registration fee each month.Her registration fee was not .99 BUT was – 99 a year depending on the package.Match.com, which IAC acquired in 1999, charges a subscription fee.
OKCupid, which it bought for million in 2011, carries advertising and offers a premium subscription service called A-List.While giving Newsweek and The Daily Beast the cold shoulder, Mr.Blatt heaped praise upon Match Inc., which includes a suite of products aimed at various demographics, all with different strategies for monetization.” Although we still build dating sites, the majority of the projects Web Biz builds incorporates social networking technology. If you look IAC Fact Sheet for 2007 you will find the remarkable results: ■ 60,000 new people register on every day ■ Websites in 15 different languages, serving 37 different countries ■ More than 15 million members, with approximately 1.3 million paying subscribers monthly membership is .99 a month; if you do the math that is over ,000,000 a month in revenue!In fact we highly recommend clients incorporate this technology because…well quite frankly it helps build successful internet businesses. They are partnered with MSN, Cingular Wireless, Comcast, Glamour Shots, Earthlink, Oxygen Network, Info Space, BET, Excite, and even Dr. is owneed by a private California company so records were harder to come by."I really think we'll reach a point where everyone single will be using technology in some way to help them make romantic connections," said Greg Blatt, CEO of IAC/Inter Active Corp, during an earnings call on Wednesday.