ISTOCK ANALYST - Sep 23 - Founded in 1993 and launched in 1995, Match.com is now one of the most recognized online properties in the world. Since its acquisition in June 1999 by IAC, Match has expanded its business portfolio to include PeopleMedia (2009), Singlesnet (2010), OkCupid (2011), Meetic (2011), Twoo (2013) and more. Match is the second-largest segment at IAC by revenue, comprising 26% of IAC's total sales in 2012. The segment's revenues have grown 78% over the past two yearsm largely driven by acquisitions. Tinder has yet to be monetized, and could offer meaningful upside in the future.
The full article was originally published at iStock Analyst, but is no longer available.
Comments