SMART MONEY – Dec 12 – Of singles over 18 years old, 43% have browsed online dating sites, equating to 40M active U.S. accounts and ~600M visits per month, according to Mashable. Several publicly traded companies compete for online daters. But just like dates themselves, not all are worth your time or investment dollars. The strongest stock also happens to be the biggest. IAC/InterActiveCorp dominates the category with a 20% market share, according to Online Personals Watch. Significantly smaller but potentially more lucrative than IAC is Spark Networks. Last month, Spark Networks reported a 28% boost in YOY revenue and a 30% increase in paying subscribers. While the U.S. has over 40M active online dating accounts, China has more than three times that amount. Jiayuan.com, China's largest dating site, listed on the NASDAQ in May. Despite doubling the number of active paying accounts since 2010, the stock has cratered in the past month.
by Jonathan Hoenig
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We plan on forming an index of dating stock shortly. For now, you can see pdf’s summarizing all the major dating stocks on the left bar of OnlinePersonalsWatch.com
We plan on forming an index of dating stock shortly. For now, you can see pdf’s summarizing all the major dating stocks on the left bar of OnlinePersonalsWatch.com
That is a good angle actually, the online dating marketplace is surely here to stay.
In terms of stocks crashing, these were pretty resilient during the same times as others flopping hard!
That is a good angle actually, the online dating marketplace is surely here to stay.
In terms of stocks crashing, these were pretty resilient during the same times as others flopping hard!