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Online Dating Is Exploding: Can Match Group Live Up to Its Lofty Expectations?
Better Online Dating Stock: Bumble vs. Match Group | The Motley Fool
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Better Online Dating Stock: Bumble vs. Match Group
While online dating was once considered taboo, the number of couples meeting online has more than doubled in the last decade to about 1-in This unique dataset charts a significant shift in the way couples meet each other, and demonstrates how our changing communication habits are driving massive growth in the online dating market. Tinder globally popularized app-based matchmaking when it launched on iPhones in , and later on Android in By , Tinder had grown to 57 million active users across the globe and billions of swipes per day. Since the launch of Tinder, hundreds of dating services have appeared on app stores worldwide.
It has become a massive, mainstream phenomenon. And the number of users who are signing up for digital dating applications is growing worldwide. With dating products in 38 languages spread over countries, this unique investment opportunity can surely bring in attractive profits. And so far, the earnings performance of the company has been largely solid. Along with the company's acquisition of PlentyOfFish , Tinder's growth has given the company's business a boost.