At least the online commercial sites are doing very well out of it. One company "IAC/InterActiveCorp (NASDAQ: IACI) reported second quarter earnings this morning, handily beating Wall Street estimates." Revenue jumped nearly 20% to $402.9 million, more than the $382.6 million analysts were expecting.
Match, which is InterActiveCorp's second largest division, and includes dating websites like Match.com and Chemistry.com, saw its revenue climb 10 percent to $97 million. This was the result of a huge jump of subscribers. The number of paid Match users were up 48% from last year to 1.7 million by the end of June.
These are figures this personal matchmaker could not even visualize. No wonder with an adversary this big, my person driven little company --although a franchise affiliated to the UK-- was forced out of business.
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