SEEKING ALPHA – Mar 6 – IAC is a majority shareholder in Tinder. From 100M daily profile views in August 2013, Tinder is expected to hit 1B daily profile views in April. The beauty of Tinder is its simplicity. An average user is said to spend 60 minutes per day on Tinder. It is difficult to estimate the addressable market for Tinder. The global online dating market is estimated to total ~$4B annually. Assuming that Tinder would capture 5% of this would give it $200M in annual revenue.
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