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Match.com Acquires OKCupid for $50 Million
General News

I was surprised at the moment to get on show so as to Match.Com announced so as to they assert acquired the limitless dating spot OKCupid. The buy charge is $50 million plus would-be yet to come payments which depends in the lead performance in the arrival time of the dating spot. OKCupid makes as a rule of its revenue through displaying online advertising. Their secondary revenue generating tool is a paid upgrade membership option. The president and co-founder of OkCupid, Sam Yagan will remain to run the trade and oversee all day-to-day operations.

OKCupid membership center has seen a outsized increased finished the keep going 18 months. Their members be inclined to be younger adults which is a sell Match.Com is looking to develop.

This while keep going time Match.Com purchased Singlesnet.Com in favor of an undisclosed amount. And in the summer, the time in advance, they had acquired People Media in favor of $80 million. I wonder who they will procure after that time?

For more on the story you can read the press emit. To get on show more on the subject of these two dating sites, please read our Match.Com check.







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