Online Dating Losing Steam, But Not for Valentine’s Day
Tuesday, 15. February 2005 - 3:33 pm
WASHINGTON POST — Feb 12 — Hopeful singles still flock to online dating services such as Match.com, owned by InterActiveCorp– the company reported a 9% increase in paid subscribers in Q3 2004
over Q3 2003. Revenue was up 3%, to $49.7 million, but operating
income was off 37%, at $2.8 million. The drop was due to higher
marketing costs and other expenses needed to attract customers.
Jupiter Research forecasts that the online dating market will increase
9% in 2005 to $516 million. FULL ARTICLE @ YAHOO