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.
« eHarmony Celebrates Marriages | Main | Tech-Savvy Singles Find Online Personals Nothing Like Real Thing »
Online Dating Losing Steam, But Not for Valentine's Day
| |
