MINYANVILLE - Feb 12 - Not only does the Internet offer "dating" sites for every preference, it also offers them at every price range. According to Forrester Research, the dating market was worth $957M in 2008. According to a poll by Online Dating Magazine, eHarmony is currently the preferred site with Match.com following closely behind it. Avid Life Media and FriendFinder are bringing in revenues through a plethora of niche dating sites that tend to lean toward the risqué. Both companies recently decided to shelve their plans for initial public offerings due to concerns over the current market. Avid Life Media had been planning a $57M IPO on the Toronto Stock Exchange in an effort to raise money to buy Moxy Media, an online advertising sales company. Documents filed for the IPO showed the company earned $8M in 2009 on sales of $30M, with 15% of those revenues coming from members of AshleyMadison, the cheating site. FULL ARTICLE @ MINYANVILLE
See all posts on eHarmony See all posts on AshleyMadison
See all posts on Match.com See all posts on FriendFinder
Comments