By Julia Marsh and Richard Morgan. August 14, pm Updated August 14, pm. It quickly became one of the most lucrative apps on the market. Read Next. Tesla board forms committee to evaluate buyout proposals.
IAC Spins a Compelling Prospect
IAC Proves Its Dating Industry Dominance With Tinder CEO Ouster | WIRED
Regardless of what you think about digital dating sites, they encourage us to close our computers and get out there and meet new people. In short, they bring people together. The problem is, of course, that there are infinite variations on social and mobile dating, from compatibility engines and social, Facebook-based platforms to game-ified bracelets and live video dating. Then there are the quasi-dating, people-meeting sites like Grouper.
IAC to spin off online dating service Match
Subscriber Account active since. Match Group, which started as one lonely Stanford Business School graduate's attempt to build a less embarrassing way to find love online in the '90s, has turned into a titan that owns nearly every US dating site. Bumble, however, is conspicuously absent from Match's portfolio. Ahead of Bumble's entrance into Nasdaq, here's the decades-long history into how Match Group became the owner of practically every online dating space in the country. But Kremen left Match.
But now things are getting really serious. The media conglomerate, whose chairman is Barry Diller, has been snatching up dating sites for the last several years, increasing its bet on the fertile terrain combining technology and romance, where many couples are meeting these days. Through its two giant dating sites, Match.
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