MOTLEY FOOL – Jan 19 – In the first six months of 2014, Match's education business generated just $9M (~2% total revenue). But in the first six months of 2015, that figure surged to nearly $51M, (~10.5% total revenue). That gain was driven by the acquisition of The Princeton Review in the second half of 2014. In its S-1 filing, Match explains that it acquired The Princeton Review because "it relies on many of the same competencies as our dating business, such as paid customer acquisition, a combination of free and paid features, deep understanding of the lifetime values of customers, and strong expertise in user interface development."
by Sam Mattera
See full article at The Motley Fool
Summarized by the Courtland Brooks team