SEEKING ALPHA - Mar 1 - Match has achieved market dominance in the online dating space. The main advantage of Match are:
- The "Network effects" when it comes to online dating (i.e. the more users on the site the more valuable it is). New entrants to the market would need to quickly reach a critical mass in order to compete
- The "best" User Interface has already been settled on. There is little revolutionary improvement to be made to the "swipe right, swipe left" interface pioneered by Tinder. Similar to the situation with Facebook years ago. Google learned this lesson the hard way years ago with Google Plus. Furthermore, every time the Match Group adds a feature to its existing products or launches a new dating app it effectively fills a niche in the industry and closes off a path for potential competitors.
Facebook is a non-issue. Online dating and Facebook do not mix as well as Mark Zuckerberg would want you to believe. Asia online dating a tremendous opportunity. The current statistics of singles who have never used an online dating product in Asia shows massive market potential.
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