Posted On: 07/15/2014 2:24:25 AM
Post# of 1
Not many are profit but the ones that are keep up with the treands Tinder and Match are two ways to understand this.
The Match Group grew revenue 9% in the quarter. Growth was well balanced as domestic sales increased 7% and international sales increased 12%. In fact, The Match Group was th only business for IAC to grow year over year in the first quarter. The company's Search & Applications segment remained flat while its other three segments witnessed significan declines in revenue in the first quarter However, the largest potential for growth rests with The Match Group, which includes popular website Match.com as well as others like Chemistry.com, OkCupid, and Tinder Accordingly, the company eliminated the Chief Executive Officer role in its recen reorganization and appointed former IAC CEO Gregory Blatt as the Chairman of The Match Group In the company's most recent earnings conference,
Gregory Blatt explained, "Let's talk about Dating. Dating is something we're really excited about right now. The market has been really growing, we think it's going continue to grow, and it really grows on three separate vectors. One is adoption, one is engagement, and one is monetization."
Match.com generating 211 million dollars this year 2014
FYI
Ask.com and app creation made 308 million dollars for my investors IACI
The Match Group grew revenue 9% in the quarter. Growth was well balanced as domestic sales increased 7% and international sales increased 12%. In fact, The Match Group was th only business for IAC to grow year over year in the first quarter. The company's Search & Applications segment remained flat while its other three segments witnessed significan declines in revenue in the first quarter However, the largest potential for growth rests with The Match Group, which includes popular website Match.com as well as others like Chemistry.com, OkCupid, and Tinder Accordingly, the company eliminated the Chief Executive Officer role in its recen reorganization and appointed former IAC CEO Gregory Blatt as the Chairman of The Match Group In the company's most recent earnings conference,
Gregory Blatt explained, "Let's talk about Dating. Dating is something we're really excited about right now. The market has been really growing, we think it's going continue to grow, and it really grows on three separate vectors. One is adoption, one is engagement, and one is monetization."
Match.com generating 211 million dollars this year 2014
FYI
Ask.com and app creation made 308 million dollars for my investors IACI
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