Dating game transcripts
Through Match and Ok Cupid, Match, and in turn its corporate parent IAC/Inter Active Corp (IAC), is "the largest player in the online dating market." In 2014, Inter Active Corp announced that it would consolidate its dating sites, including Match and Ok Cupid, into one division, the Match Group.As a result, Match now operates more than 45 brands, as noted.The service uses a 150-question questionnaire to assist in the matching process. e claims that it is responsible for nearly 4% of domestic marriages each year.The Meet Group (MEET) The Meet Group operates a growing portfolio of mobile apps that connect people to interact and chat with one another.Match Group (OTC: MTCH) is the world's leading provider of dating products.Targeting different demographics, Match operates a portfolio of over 45 brands, including Match, Ok Cupid, Tinder, Meetic, Twoo, Our Time and Friend Scout24.
Also, people spend more time online and rely on the internet and mobile for a growing number of services.
It now represents roughly billion in annual revenue, as online dating has become increasingly mainstream and destigmatized. adults have used online dating sites or mobile dating apps and nearly 50% know someone who has used online dating.
In fact, attitudes toward digital dating are much more positive today than ever before. The New York Times quotes a Pew Research analyst as saying that, "People don’t see the sort of stigma attached to [digital dating] the way they did 10 years ago.
The company has a brand portfolio strategy in order to offer a broad array of products that will appeal to a wide group of consumers.
The company is also a consolidator of a fragmented mobile meeting sector and is leveraging acquisitions to fuel growth. Likely Overhangs on MTCH Shares Concerns about rising competition and potentially slowing growth constrain the shares, we believe.The positive industry dynamics noted above has attracted many players to the sector.Reflecting relatively few barriers to entry, Match faces substantial competition in the online dating sector.It represents roughly 25% of IAC/Inter Active Corp's consolidated revenues.