IAC/InterActiveCorp has constantly had a plain thing for internet dating. Nevertheless now things are becoming sincere about.
The news conglomerate, whose president is Barry Diller, happens to be snatching up online dating sites going back many years, increasing its bet regarding the terrain that is fertile technology and love, where lots of partners are fulfilling these days. Through its two giant internet dating sites, Match.com and OkCupid, IAC had been the largest player within the internet dating market whenever it announced final December it was consolidating the internet sites along side its other smaller dating website holdings into one division, the Match Group.
Then in March, IAC increased its bulk stake in Tinder, a mobile software that is ground zero for the hookup tradition, having to pay an undisclosed quantity this is certainly thought to have valued Tinder into the billions. Continue reading